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Tag Archives: After

Vietnam company denies fraud accusations after debarred by World Bank

A Vietnamese waste water treatment company has rejected accusations of fraudulent and collusive practices in two projects funded by the World Bank, saying it was unfairly debarred by the development lender.  Nguyen Phuong Quy, general director of SFC Vietnam Investment Development for Environment Company, on Wednesday told news website Zing ...

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Vietnam's airport manager seeks strategic investors after IPO success

After an initial public offering raising a higher than expected US$ 51.6 million on Thursday, state-owned Airports Corporation of Vietnam (ACV) now starts looking for strategic investors to sell a 20 percent stake. Vu Anh Minh, chief of the transport ministry’s businesses administration, was quoted by news website VnExpress as saying that ...

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Airlines Reroute Flights After Russian Crash in Egypt

Two of Europe’s leading airlines said on Saturday that they would avoid flying over Egypt’s Sinai region as a precaution after a Russian commercial jet crashed earlier in the day, killing all 224 people aboard. Lufthansa of Germany and Air France said they would reroute flights over the region until ...

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