Posts Tagged ‘ 10 Billion ’

Bank of America kept AIG legal threat under wraps 

August 31, 2011
Bank of America kept AIG legal threat under wraps 

The American International Group (AIG) building is seen in New York's financial district March 16, 2009. Top Bank of America Corp lawyers knew as early as January that American International Group Inc was prepared to sue the bank for more than $10 billion, seven months before the lawsuit was filed, according to sources familiar with [...]

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Vietnam forex reserves above $10 bln in 2010: report 

February 10, 2011
Vietnam forex reserves above $10 bln in 2010: report 

  Vietnam’s foreign exchange reserves were “more than $10 billion” at the end of last year, a senior minister said, a remark that may increase concerns about the dwindling level of reserves. Planning and Investment Minister Vo Hong Phuc’s comment was reported on Wednesday in the Vietnam Economic Times. Phuc provided no details, and it [...]

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Vietnam 2010 FDI inflows seen up at $11 bln: report

February 4, 2010
Vietnam 2010 FDI inflows seen up at $11 bln: report

Disbursement of foreign direct investment (FDI) in Vietnam could rise 10 percent to between $10 billion and $11 billion this year, thanks to the global economic recovery, a government minister was quoted as saying. “Disbursed capital in 2010 will be higher than in 2009 as the flows of pledges in previous years are high and [...]

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Gloomy FDI prospects cloud fast recovery

December 26, 2009
Gloomy FDI prospects cloud fast recovery

Many FDI projects have broken ground, but whether they are completed is another story LookAtVietnam – Despite the recovering global economy, provincial authorities remain concerned at the dark clouds gathering over next year’s foreign direct investment horizon.  A dearth of credit due to cautious banks and fundamental constraints to the country’s investment environment such as [...]

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Abu Dhabi provides $10 bln to cover Dubai World’s debt

December 16, 2009
Abu Dhabi provides $10 bln to cover Dubai World’s debt

The Abu Dhabi government has agreed to fund 10 billion U.S. dollars to Dubai to meet upcoming obligations on the state-owned conglomerate Dubai World. Investors look at stock exchange information at the Dubai Financial Market December 14, 2009. Abu Dhabi stepped in to help fellow United Arab Emirates member Dubai with a $10 billion (6.1 [...]

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Commonwealth backs quick start climate change fund

November 30, 2009
Commonwealth backs quick start climate change fund

The leaders of the Commonwealth backed plans for a quick start climate change fund in a communique issued on Saturday in Port of Spain, the capital of Trinidad and Tobago. Britain’s Prime Minister Gordon Brown (L) and U.N. Secretary General Ban Ki-moon attend a press conference during the Commonwealth Heads of Government Meeting (CHOGM) in [...]

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Commercial lender CIT Group files for bankruptcy protection

November 2, 2009
Commercial lender CIT Group files for bankruptcy protection

Commercial lender CIT Group filed for bankruptcy protection on Sunday after U.S. government bailout and debt exchange offer failed. File photo taken on July 16, 2009 shows people walking in front of the CIT Group building in Manhattan, New York. CIT Group Inc, a century-old commercial lender, filed for bankruptcy on Sunday but under a [...]

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SOCIAL IN BRIEF 14/10

October 15, 2009
SOCIAL IN BRIEF 14/10

 220 billion VND, 7,000 tonnes of rice for disaster victims; Protecting hospitals key in natural disaster mitigation; 1,000 international odontologists gather in Vietnam Photo: VNAThe Prime Minister has decided to grant 220 billion VND in aid from the State budget and 7,000 tonnes of rice to the victims of natural disasters in 15 provinces nationwide. [...]

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Huge football transfer contracts signed

September 4, 2009
Huge football transfer contracts signed

Van Quyen and Huy Hoang.VietNamNet Bridge – V-League 2009 has just finished, but the football market is still bustling with contracts recently signed worth billions of dong. Hai Phong Cement was the first to take action. A few days after its last V-League match, the team began to re-consider its forces. The club ended its contracts [...]

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SCIC plans to sell stakes of small companies

August 28, 2009
SCIC plans to sell stakes of small companies

LookAtVietnam – The State Capital Investment Corporation (SCIC) is considering selling some of its holdings in small companies. In the first six months of 2009, SCIC sold state-owned stakes of 66 businesses (sold all the shares it held in 60 of the 66 businesses) with the book value of 152.3 billion dong. The actual value [...]

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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...