Energy firms, wiser now, cool down on Vietnam
Article Abstract:
Many foreign investors begin to doubt the profitability of ventures in Vietnam's energy industry due to low oil yields and the indecisiveness of local authorities regarding the of project contracts. A major source of frustration is state-owned Vietnam Oil and Gas Corp.'s demands for low-cost projects that leave investors no room to make profits. Only a few projects are making headway, including Broken Hill Proprietary Co.'s proposal to build a power plant for the Nam Con Son gas pipeline and Conoco Inc.'s proposal to build a gas processing plant.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 1997
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Festi's awash in sea of sodas
Article Abstract:
Mekoford Co., a local soft drink manufacturer in Vietnam, is feeling the repercussions of the battle for market share between Pepsi and Coca-Cola. Festi, the firm's softdrink brand, used to be the leader in the industry before the two companies started manufacturing their products locally. The two giants are busy competing with each other by building distribution networks, lowering prices and advertising, making Mekofood unable to keep up.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 1997
User Contributions:
Comment about this article or add new information about this topic:
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