December 31, 2009
Ho Chi Minh City clears some 5,000 cubic meters of sludge daily from its sewage system but dumps it untreated at other places, posing pollution risks, experts warn. Nguyen Trung Viet, head of the city Department of Natural Resources and Environmentâs Solid Wastes Management Division, said only around 210 cubic meters are dumped at the [...]
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December 31, 2009
The water level in the Red River in Hanoi stood at 0.66 meters on Tuesday, its lowest level since records began to be maintained 107 years ago, according to the National Center for Hydro-Meteorological Forecasting. The level was recorded at 1 a.m. when hydropower plants were operating at low capacity and not releasing much water, [...]
Tags: Climate change, level, meters, northern, Red River, River, The Red, The Red River, The river, The water, The Water Level, Vietnam, water, Water Level
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December 31, 2009
Vietnam will close around 20 gold trading floors that allow investors to leverage bets on the precious metal, the central bank said on Thursday, part of measures to stabilize the countryâs foreign exchange market. The State Bank of Vietnam, the central bank, said in a statement that gold trading instruments must be withdrawn by March [...]
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December 31, 2009
Vietnamâs economy expanded at the fastest pace in more than a year in the fourth quarter as lending growth fueled construction and consumer sales. Gross domestic product grew 6.9 percent from a year earlier after a revised 6.04 percent gain in the third quarter, the General Statistics Office said in Hanoi Thursday. For 2009 overall, [...]
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December 31, 2009
Between VND360 trillion and 440 trillion (US$19.5-23.8 billion) will be invested in developing the countryâs seaports by 2020 under a project approved recently by the government. The plan, posted on the governmentâs website Sunday, will focus on upgrading many of the existing ports to international standard.Some like the Van Phong Transshipment Port in the central [...]
Tags: Million tons, ports, The country, The government
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December 31, 2009
A boat is seriously damaged in the attack The Coast Guard unit based in the central province of Thua Thien â“ Hue said Sunday it rescued two local boats that had been under attack by other vessels from the adjacent Quang Ngai Province. The incident took place at around 8.30 a.m. when Nguyen Van Hungâs [...]
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December 31, 2009
Oil prices settled above 79 U.S. dollars a barrel on Wednesday as another weekly decline in crude and distillate supplies offset a strengthening dollar. U.S. Energy Department Energy Information Administration reported on Wednesday that during the week ended on December 25, crude inventories dropped 1.54 million barrels to 326 million barrels, slightly less than analysts [...]
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December 31, 2009
The U.S. government announced on Wednesday that it will provide 3.8 billion dollars of new capital to help ailing auto and mortgage giant GMAC. The U.S. flag flies at the Burt GM auto dealer in Denver June 1, 2009. (Xinhua/Reuters, File Photo)“Treasury will commit 3.8 billion dollars of new capital to GMAC rather than the 5.6 [...]
Tags: billion, Billion dollars, capital, dollars, In Preferred Stock, In The First, New Capital, Of New Capital, Preferred Stock, The first, treasury
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December 31, 2009
LookAtVietnam – The global economic recession has slowed foreign direct investment (FDI). FDI in Vietnam for 2009 is equal to 30 percent of that in 2008. According to Thoi Bao Kinh Te Vietnam, the 10 biggest FDI investment projects in terms of registered capital in 2009 include six real estate projects, two projects in accommodation [...]
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December 31, 2009
The dollar rose slightly against major currencies on Tuesday amid a couple of positive U.S. economic reports. The 10-city and 20-city composite indexes both rose 0.4 percent in October, according to the S&P/Case-Shiller home price report. Seasonally adjusted prices increased for the fifth straight month in October. Prices are up about 3.5 percent from their [...]
Tags: Canadian Dollars, dollar, dollars, Have Risen, index, Japanese Yen, percent, points, prices, Prices Have Risen, Since Hitting, Swiss Francs, The Dollar, The Euro
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