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Vinamilk seeks to buy second U.S. dairy company in growth push

Vietnam Dairy Products JSC, Southeast Asia’s biggest milk producer by market value, is in talks to buy another U.S. company as it accelerates acquisitions to expand globally and drive revenue. The company, known as Vinamilk, expects the deal to close as early as next year, Chief Executive Officer Mai Kieu …

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Vietnam plans IPO for Dung Quat refinery by June 2017

Vietnam aims to privatise its $3 billion Dung Quat oil refinery by June 2017, with energy firms from Russia, Thailand and Kuwait expressing interest in taking a strategic stake, the head of the refinery’s operator said on Wednesday. Vietnam is trying to accelerate the sale of stakes in state firms, …

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Vietnam to shut Nam Con Son gas pipeline for maintenance

Vietnam’s Nam Con Son gas pipeline will be shut from Friday for periodic maintenance, cutting natural gas supplies to power plants responsible for 13.5 percent of the country’s electricity output, a company official said on Tuesday. “The pipeline will undergo the maintenance, which is conducted every five years, so it …

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Vietnam gov’t firm on GDP target

The Vietnamese government is adamant that it will be able to meet an economic growth target of 6.7 percent for this year, despite outlooks suggesting the real rate might be much lower. After the opening of the third session of the 14th lawmaking National Assembly on Monday, Prime Minister Nguyen …

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