Home Economy

Meeting talks easing difficulties for PetroVietnam, Vietnam Airlines

May 23rd at 09:56
23-05-2020 09:56:08+07:00

Meeting talks easing difficulties for PetroVietnam, Vietnam Airlines

Prime Minister Nguyen Xuan Phuc on Thursday chaired a meeting with permanent Government members to discuss measures to tackle difficulties faced by the Vietnam Oil and Gas Group (PetroVietnam) and the national flag carrier Vietnam Airlines.

 

Speaking at the event, PM Phuc said he recently attended online and offline meetings with the business community and the Government has issued a resolution to remove obstacles for them.

He hailed PetroVietnam and Vietnam Airlines for proactively designing plans to overcome challenges and maintain operations.

The Government leader shared the difficulties faced by the two corporations and stressed that there are many opportunities ahead.

He suggested they continue with internal restructuring, including market and labour restructuring, saving costs, further improving operation efficiency, and maintaining key workforce.

Ministries and agencies were also asked to work together to remove difficulties for PetroVietnam and Vietnam Airlines.

The PM also gave opinions on proposals by the two groups at the working session.

bizhub

MOST READ

NEWS SAME CATEGORY

New decree clears up points of law on economic concentration
ECONOMY May 22nd at 14:08

New decree clears up points of law on economic concentration

The method of determination of the relevant market and market share prescribed in Decree 35 is similar to the superseded decree. In particular, the relevant market...

Overseas investors ramp up preparations for post-pandemic operations
ECONOMY May 22nd at 14:08

Overseas investors ramp up preparations for post-pandemic operations

Foreign investors could angle to add even more capital to their current projects in Vietnam as a result of superb COVID-19 prevention in the country.

Vietnam slips in global business resilience ranking
ECONOMY May 22nd at 14:07

Vietnam slips in global business resilience ranking

Vietnam has dropped three places from last year to 91st in this year’s business environment resilience index.

NA deputies want to keep household businesses out of enterprises law
ECONOMY May 22nd at 07:51

NA deputies want to keep household businesses out of enterprises law

The concept of household business should not be a part of the revised Law on Enterprises and should be regulated by a separate law, National Assembly (NA) deputies...

Vietnam budget transparency ascends global ranking
ECONOMY May 21st at 16:08

Vietnam budget transparency ascends global ranking

Placing 77th out of 117 economies, Vietnam jumped 14 spots from 2017 in this year's world ranking for budget transparency.

Stimulus welcomed as Vietnam accelerates economic reactivation
ECONOMY May 21st at 16:08

Stimulus welcomed as Vietnam accelerates economic reactivation

The ongoing pandemic has completely upended lives and economies across the planet, restricting movement, shutting schools, forcing people to work from home, and...

VIR seminar: Restarting the economy to stimulate demand on consumer finance
ECONOMY May 21st at 16:08

VIR seminar: Restarting the economy to stimulate demand on consumer finance

Restarting the economy will improve the demand for consumer finance, however, both consumer finance companies and banks need to build diverse loans to meet customer...

Optimising the recovery route ahead for Vietnam as a whole
ECONOMY May 21st at 14:29

Optimising the recovery route ahead for Vietnam as a whole

As the old saying goes, “What does not break you makes you stronger.” This is so true for Vietnam, not only throughout its rich history but also in the current...

Investment promotion on the world wide web
ECONOMY May 21st at 14:26

Investment promotion on the world wide web

Given the government’s proposed spending cuts for overseas business trips and conferences, Vietnam should quickly adopting online investment promotion.

E-commerce titans step up fake product fight
ECONOMY May 21st at 14:24

E-commerce titans step up fake product fight

Overseas e-commerce companies Lazada and Shopee may lose their positions in Vietnam if they keep demonstrating limitations in protecting consumers from low-quality...

Read More

MOST READ

Back To Top