Archive for December, 2010

Northern Vietnam shaken by earthquake

December 31, 2010
Northern Vietnam shaken by earthquake

LookAtVietnam – A 5.2 Richter Scale earthquake was recorded by the Institute for Geophysics at 2am of December 31.   Mr. Quoc Tuan from Son La city said his home was strongly shaken at around 2am. His wife and son were very scared and they intended to get out of the house. “But I thought [...]

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Traffic jams boom in Hanoi at the year-end

December 31, 2010
Traffic jams boom in Hanoi at the year-end

VietNamNet Bridge – Gridlocks prolonged traffic flow for hours in many major roads in the capital city at the end of the year. At the starting point of Vietnam’s most modern avenue – Thang Long. Nguyen Luong Bang street at 12pm, December 30. Hoang Minh Giam road. Buses on the street. Trang Thi street at [...]

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Ports question to contain a fresh answer

December 31, 2010
Ports question to contain a fresh answer

VietNamNet Bridge – The burdensome question of abandoned goods in bonded warehouses in Vietnam is expected to be addressed.   The Ministry of Finance (MoF) in December issued Circular 195/2010/TT-BTC on handling inventories in bonded warehouses, effective from January 20, 2011.   “This document prescribes clear procedures and guidelines to handle abandoned goods in warehouses,” [...]

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Cabinet sets agenda for new year

December 31, 2010

The cabinet would do its best to stabilise the macro-economy and contain inflation, the last cabinet meeting of the year heard yesterday.   Chaired by Prime Minister Nguyen Tan Dung and his deputies, the two-day meeting was attended by ministers as well as leaders of 63 provinces and central-level cities to discuss the agenda to [...]

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Ministry to tighten screws on overseas investments

December 31, 2010

LookAtVietnam – The Ministry of Planning and Investment is considering drastic new measures to tighten oversight of outward investment by firms, according to Viet Nam Investment Review.   Overseas investment has risen significantly in recent years to around US$1 billion this year, and is expected to rise to at least $2.2 billion next year.   [...]

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FIEs saw rising export amid growing imports

December 31, 2010
FIEs saw rising export amid growing imports

VietNamNet Bridge – The foreign-invested sector saw a 40 per cent jump in export and import values by late December, 2010.   Between January and December 20, 2010 the sector reaped $33.88 billion ($38.82 billion including crude oil), a 40 per cent hike against 2009’s figure and double the domestic sector’s 20 per cent growth [...]

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GOVERNMENT IN BRIEF 31/12

December 31, 2010

55th anniversary of Vietnam-Indonesia diplomatic ties celebrated The 55th anniversary of Vietnam-Indonesia diplomatic ties was celebrated on December 30 by the Ho Chi Minh City Union of Friendship Organisations. Speaking at the function, Chairman of the Vietnam-Indonesia Friendship Association, Luong Van Ly praised the friendly relations of the two neighbouring countries, fostered by President Ho [...]

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PM lauds Viet Nam”s tenure as ASEAN chair

December 31, 2010
PM lauds Viet Nam”s tenure as ASEAN chair

LookAtVietnam – Viet Nam has played its role as Chair of the Association of Southeast Asian Nations (ASEAN) well in 2010, Prime Minister Nguyen Tan Dung remarked on the final day of the country’s term. Photo: Vietnam+ The following is the full text of the speech made by the Prime Minister on the occasion: “Today, [...]

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Need for climate-change data

December 31, 2010

LookAtVietnam – HCM City needs to create a legal approach so that it can successfully develop programmes to cope with climate change, experts have said. The city still lacks legal criteria for evaluating or determining what industries or areas will be most seriously hit by climate change, according to Nguyen Trung Viet of the Steering [...]

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What and how much to import from China?

December 31, 2010
What and how much to import from China?

LookAtVietnam – China is the huge production base of the world. mobile phones, computers or clothes, which bear the well known US or Italian brands, are made in China or assembled with the accessories sourced from China. it is understandable why Vietnam has been importing so much. However, experts believe that now is the time [...]

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Feature

Vietnam, Cuba foreign ministries to bolster ties

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Vietnam’s top diplomat has affirmed that the Foreign Ministry will closely cooperate with its Cuban counterpart to implement the agreements reached by the two...