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New State-Owned Enterprise Evaluation Rules: Profitable Firms May Still Receive Low Ratings

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The new regulations shift the focus from mere profit and loss statements to a comprehensive evaluation of state-owned enterprises' operational efficiency. This includes assessing growth quality, financial risk, and individual accountability. Even profitable companies with high debt levels or scattered investments may receive lower ratings under this stringent framework.

Hanoi Intensifies Savings Efforts, Aims for Over 11% GRDP Growth by 2026

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Hanoi aims to achieve an average per capita income of 198 million VND per person per year, while striving for a state budget revenue of approximately 546.930 trillion VND within the city.

BB Group’s Energy Division Members Fined for Withholding Critical Information

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Phan Lam Energy and Sunrise Power Dak Psi, two energy subsidiaries of BB Group, have been fined for failing to disclose information as required by law.