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Monday, June 18, 2012 (20/06)
Monday Monday, June 18, 2012 Ministry takes blame for late monopoly removal HANOI � Minister of Industry and Trade Vu Huy Hoang said his ministry is partly to blame for delays in giving advice to the Government over a plan to break up monopolies in fuel and electricity sectors. Pig farmers in crisis CAN THO/HCMC � Constant pig price drops over the last six months have place...
Friday, June 15, 2012 (18/06)
Friday Friday, June 15, 2012 City to open 250 harmful waste collection stations HCMC � There will be 250 stations installed to collect harmful wastes in HCMC this year under the harmful waste collection week project being drafted by the HCMC Department of Natural Resources and Environment. Siemens, Vinamotor enter hybrid-drive bus partnership HCMC - Siemens Vietnam and Viet...
Thursday, June 14, 2012 (15/06)
Thursday Thursday, June 14, 2012 Switzerland helps CNS develop chip plant HCMC � Scientists of the Swiss Federal Institute of Technology will give Saigon Industry Corporation (CNS) technical support to develop an electronic chip plant with annual output of 400 million chips in the Saigon Hi-Tech Park in HCMC�s District 9. NA deputies call for tax holidays HANOI � The Natio...
Wednesday, June 13, 2012 (14/06)
Wednesday Wednesday, June 13, 2012 Chinese tour operators push down prices HCMC � A number of China-based travel firms that bring Chinese tourists to Vietnam via the Huu Nghi border gate in Lang Son are forcing local partners to pull down prices. SHTP is still not attractive to investors, a decade on HCMC - Although Saigon Hi-Tech Park (SHTP) has attracted many internationa...
Monday, June 11, 2012 (14/06)
Monday Monday, June 11, 2012 NA talks about economic restructuring Deputies at the third session of the 13th National Assembly continued their working day to debate a comprehensive plan to restructure the national economy. Credit loans still out of reach for small businesses Even though banks are now offering credit loans and various support packages at low interest rates o...
Thursday, June 7, 2012 (14/06)
Thursday Thursday, June 7, 2012 Interest rates to down to 9% /year The state bank Governor Nguyen Van Binh just has announced at the National Assembly session on June 7, 2012 that the interest rate will be lowered to 9% from 11% /year. Consultant asked to clarify plan for environment project HCMC � Relevant agencies want the France-based SCE Consultancy to clarify several ...
Friday, June 1, 2012 (04/06)
Friday Friday, June 1, 2012 Austrian firms want strengthened presence in Vietnam HCMC � A mission of 50 Austrian enterprises on Wednesday joined the Austria-Vietnam business forum organized in HCMC to sound out business opportunities on local market in the occasion of an official visit by Austrian President Heinz Fischer to Vietnam. Rice export stagnant on slowing China pu...
Wednesday, May 30, 2012 (01/06)
Wednesday Wednesday, May 30, 2012 Chief Minister of Myanmar�s Yangon Region visits city HCMC � The trade relation between HCMC and Yangon Region of Myanmar will likely see breakthroughs in the future after the region�s Chief Minister U Myint Swe paid a visit to the city last week. Market opens week down HCMC � Despite a bright start due to central bank�s policy rate cut lat...
Tuesday, May 29, 2012 (01/06)
Tuesday Tuesday, May 29, 2012 Interest rates down further HANOI - The State Bank of Vietnam (SBV) decided last Friday to lower the ceiling deposit interest rate to 11% and the cap on lending rates to 14% a year while proportionately cutting its policy rates. Vietnam gains high farm export sales HCMC - The nation has this month earned an estimated US$2.3 billion in agro-aqu...
Tuesday, May 22, 2012 (23/05)
Tuesday Tuesday, May 22, 2012 VND80 billion for drug detoxification by Methadone HCMC � The HCMC government has approved of the drug addiction treatment plan using Methadone with around VND80 billion to be set aside to treat 14,000 drug addicts in the 2012-2015 period. Too soon to say economy in downturn: NA official HANOI, HCMC � It is too soon to conclude that Vietnam has...
Monday, May 21, 2012 (21/05)
Monday Monday, May 21, 2012 Moody's places ratings of SHB on review for possible downgrade Moody's Investors Service has today placed the B2 deposit and issuer ratings of Saigon-Hanoi Commercial Joint Stock Bank (SHB) on review for possible downgrade. The bank's standalone bank financial strength rating (BFSR) of E+, which maps to a baseline credit assessment of b2, was also...
Friday, May 18, 2012 (21/05)
Friday Friday, May 18, 2012 Metro Line No. 1 project to get going this September HCMC � HCMC vice chairman Nguyen Huu Tin on Wednesday urged district authorities to promptly hand over cleared site for the Metro Line No. 1 project to get off the ground in September this year. Big layoffs reported at city�s IPs, EPZs HCMC � Thirteen firms at industrial parks and export proces...
Wednesday, May 16, 2012 (18/05)
Wednesday Wednesday, May 16, 2012 Gov�t approves resolution to ease difficulties against businesses The Government has issued the Resolution 13/NQ-CP which covers a series of measures to ease difficulties against businesses and support the market in the wake of economic harships. VN, Russia eye $10b trade Viet Nam and Russia targeted to reach a trade turnover of US$10 billi...
Tuesday, May 15, 2012 (18/05)
Tuesday Tuesday, May 15, 2012 Binh Duong attractive to Japan investors HCMC � The southern province of Binh Duong last Friday granted the investment certificate for a project of Japan-based Dai Nippon Printing (DNP) after having attracted over US$1 billion in Japanese investment commitments this year. Developers and buyers snub low-cost condos HANOI � Developers are indiff...
Monday, May 14, 2012 (14/05)
Monday Monday, May 14, 2012 Supporting industry expo to join Metalex, Nepcon 2012 HCMC � The HCMC supporting industries expo will be organized under the same roof with two other expos Metalex Vietnam and Nepcon Vietnam in October, organizers announced after cutting a deal to this effect on Thursday. Many SOEs slow in restructuring HCMC � A slew of State-owned enterprises (S...
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