Petro Mekong, a subsidiary of state-owned PV Oil, is seeking approval from the Ministry of Industry and Trade to stop importing oil products and become a distributor for its parent company.

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Vietnam’s Petro Mekong seeks to quit oil import business

The Ministry of Finance said prices of electricity, coal, fuel products and public services, which are heavily subsidized by the government, will be determined by the market no later than 2013.

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Vietnam to allow free market pricing of power, fuel: finance ministry

Electricity of Vietnam has a debt-to-equity ratio of 4.25, much higher than the average 1.98 for the country’s state-owned enterprises, news web site VnExpress reported Saturday, citing the Ministry of Investment and Planning.

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Vietnam’s power utility has unsafe debt-equity ratio: report

The HSBC bank Friday signed a memorandum of understanding with Vietnam’s Ministry of Finance, offering assisstance in credit rating assessment and helping state-owned companies access international capital markets.

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HSBC to provide credit rating support for Vietnam

The State Bank of Vietnam will sign a joint-circular with the Ministry of Public Security to improve anti-crime efforts in banking and lending activities, according to a banking conference in Ho Chi Minh City on Wednesday.

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Vietnam state bank to scrutinize lending activities

South Korea will recruit Vietnamese guest workers back after a four-month hiatus, the Ministry of Labor, War Invalids and Social Affairs said on November 3.

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South Korea to recruit Vietnamese guest workers back

The Ministry of Public Security has not found indications of corruption in banknote printing activities at the central bank, according to to a government report.

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No corruption found in Vietnam’s money printing: gov’t report

The Ministry of Finance has invited a group of World Bank experts to come and work with Vietnamese agencies in an attempt to improve the country’s debt management.

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Vietnam works with World Bank to improve debt management

Large car assemblers in Vietnam have had overdue taxes on import accessories waived by the Ministry of Finance.

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Vietnam waives overdue taxes for major car makers

The Ministry of Finance has sent out inspection teams to look into oil product prices at major fuel traders after a heated debate between government officials over whether the firms are making losses.

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Vietnam finance ministry launches probe into loss claims by petroleum firms