The Commission for Management of State Capital at Enterprises (CMSC), in collaboration with the Vietnam Trade Office in Canada and the Export Development Canada (EDC), organised a seminar in Toronto on August 14 to connect the two countries’ businesses and seek cooperation opportunities in energy, production, and finance.

The total consolidated revenue of 19 State-owned economic groups and corporations hit 1.871 quadrillion VND (77.9 billion USD) last year, or 20% of the country’s gross domestic product (GDP), up 0.6% from 2018, heard a workshop in Hanoi on September 26.

The value of the Power Generation Corporation 2 (EVNGENCO 2), a subsidiary of Vietnam Electricity, has been determined at 46.1 trillion VND (2 billion USD) as of January 1, 2019, of which the real value of State capital is more than 26.6 trillion VND.

Prime Minister Nguyen Xuan Phuc has requested for an analysis on a proposal to move Vietnam Railways (VNR) under the umbrella of the Ministry of Transport following legal confusion that left the corporation with no budget for railway maintenance.

Vietjet’s proposal to expand Dien Bien Airport in the northern mountainous province of Dien Bien has received support from the Ministry of Transport (MoT).