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BriefsFriday, 05/18/2012, 11:13

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 year.

Developers and buyers snub low-cost condos
HANOI � Developers are indifferent to housing projects for low-income people and factory workers due to capital shortages and slow capital recovery while buyers are not keen on low-cost homes for insufficient infrastructure.

Eximbank takes control of Sacombank board
Eximbank (EIB) has invested about VND1.6 trillion (US$76.2 million) in Sacombank (STB) and will control Sacombank's board of directors, Eximbank chairman Le Hung Dung said on Sunday at the EIB shareholders meeting.

Garment, textile sector urged to restructure
Viet Nam's garment and textile sector faces problems with its structure and production methods, said Nguyen Van Tuan, deputy general secretary of Viet Nam Garment and Textile Association.

Coffee giants in Central Highlands in agony because of big debts
A lot of �big guys� in the Central Highlands � the leading coffee exporters in Vietnam � are now on the verge of bankruptcy due to the heaped up debts.

Talanx may raise PVI stake as Vietnam insurance market grows
PVI Holdings (PVI), Vietnam�s second- largest publicly traded insurer, plans to sell another 6 percent stake to Germany�s Talanx AG by the end of this month, Chairman Nguyen Anh Tuan said.


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