|Monday, June 18, 2012
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
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
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
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
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
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
|Friday, June 1, 2012
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
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
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
|Tuesday, May 22, 2012
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
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
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
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
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
Developers and buyers snub low-cost condos
HANOI � Developers are indiff...
|Monday, May 14, 2012
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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