Archive for May, 2010

BUSINESS IN BRIEF 31/5

May 31, 2010
BUSINESS IN BRIEF 31/5

VietinBank to manage capital from Gov’t bonds; Real estate over-priced, say experts; Rubber exports bounce in 2010 VietinBank to manage capital from Gov’t bonds   Vietnam Commercial Bank for Industry and Trade (VietinBank) will be managing the capital raised from the Government’s bond issue in February, according to a deal signed by the bank and [...]

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More kieu hoi in 2010, economists say

May 31, 2010
More kieu hoi in 2010, economists say

LookAtVietnam – Financial experts and bankers all predict that Vietnam will have a better kieu hoi (overseas remittance) season this year than in 2009. VietNamNet Bridge – Financial experts and bankers all predict that Vietnam will have a better kieu hoi (overseas remittance) season this year than in 2009.   Kieu hoi swells in first [...]

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Banks refuse to work overtime

May 31, 2010
Banks refuse to work overtime

LookAtVietnam – A lot of commercial bank branches have realized that it is not easy to extend working hours. LookAtVietnam – A lot of commercial bank branches have been trying to work overtime on a trial basis to serve client demand. From this experience, they have realized that it is not easy to extend working [...]

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Toys decline in popularity for Children’s Day

May 31, 2010
Toys decline in popularity for Children’s Day

LookAtVietnam – In previous years, toys seemed to be the only choice for parents who wanted to celebrate Children’s Day on June 1 with their children. LookAtVietnam – In previous years, toys made in China seemed to be the only choice for parents who wanted to celebrate Children’s Day on June 1 with their children. [...]

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SBV will inspect banks with overly high interest rates

May 31, 2010
SBV will inspect banks with overly high interest rates

LookAtVietnam – SBV Governor Nguyen Van Giau has threatened to discipline commercial banks acting contrary to the Government’s instructions to ease interest rates. LookAtVietnam – Denying the possibility of a tightened monetary policy, State Bank of Vietnam (SBV) Governor Nguyen Van Giau, in an interview with VnExpress, has also threatened to discipline commercial banks acting [...]

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Food prices begin upward climb

May 31, 2010
Food prices begin upward climb

LookAtVietnam – After a long period of attempts to keep prices unchanged, many essential goods and consumer goods’ prices have begun rising. VietNamNet Bridge – After a long period of attempts to keep prices unchanged, many essential goods and consumer goods’ prices have begun rising.   Weather heats up food prices Food prices going down [...]

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Vietnam Idol returns

May 31, 2010
Vietnam Idol returns

VietNamNet Bridge – The first round of the third Vietnam Idol competition will take place in Da Nang on June 27, marking the return of this reality show after over one year.   Quoc Thien crowned Vietnam Idol 2008 Phuong Vy tops Vietnam Idol 2007   Phuong Vy, the winner of the first Vietnam Idol [...]

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Three football talents to be trained in UK

May 31, 2010
Three football talents to be trained in UK

Hanoi’s Nguyen Cong Cuong, 17, has won a one-year scholarship to the world famous football club, Liverpool (UK), after he won first prize at the “Vietnam’s Football Prince” contest on May 28. LookAtVietnam – Hanoi’s Nguyen Cong Cuong, 17, has won a one-year scholarship to the world famous football club, Liverpool (UK), after he won [...]

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Gov’t spends 4 trillion dong, but students still don’t have accommodations

May 31, 2010
Gov’t spends 4 trillion dong, but students still don’t have accommodations

LookAtVietnam – The Government has poured four trillion dong to help HCM City’s plans to create dorms for 100,000 students by 2015, but construction has been slow.   SOS: students’ dormitories degrading, contaminated Student dormitories could double as houses for low-income earners Students face dorm shortages  Only 17 percent of demand covered by dorms   [...]

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Thu Thiem tunnel’s “soaked spots” to be repaired with glue

May 31, 2010
Thu Thiem tunnel’s “soaked spots” to be repaired with glue

The foreign consultant and supervisor of HCM City’s Thu Thiem tunnel has suggested three solutions for the wet and soaked spots in HCM City’s Thu Thiem tunnel, Southeast Asian longest tunnel. LookAtVietnam – The foreign consultant and supervisor of HCM City’s Thu Thiem tunnel, Oriental Consultants, has suggested three solutions for the wet and soaked [...]

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Feature

Vietnamese bankers earn millions of dollars a year

By

LookAtVietnam – While businesses moan about big losses and heaped debts, banks still make fat profit, thus allowing their bosses to pocket millions of...