February 1, 2010
The PM has asked the Ministry of Industry and Trade to come up with specific measures to stabilise the domestic market in service of the upcoming Tet. LookAtVietnam - Prime Minister Nguyen Tan Dung has asked the Ministry of Industry and Trade to come up with specific measures in a bid to promote business and [...]
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January 28, 2010
Sa Pa, in Lao Cai Province, is one of the popular destinations to both domestic and international tourists.LookAtVietnam – A nationwide set of standards to rate tourism services is expected to be published in the second quarter of this year.The work was commissioned to the Ministry of Culture, Sports and Tourism by Deputy Prime Minister [...]
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December 30, 2009
LookAtVietnam – HCM City aims to achieve a Gross Domestic Product growth rate of at least 10 per cent next year. HCM City is still the country’s biggest economic and service hub. The city aims to achieve a Gross Domestic Product growth rate of at least 10 per cent next year.The target is one of [...]
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December 26, 2009
A group of my Vietnamese friends from the US headed by Duong Quang Chan, a businessman, arrived in Ha Noi this week to start a New Year trans-Viet Nam tour . . . Waterfall: A corner of Ban Gioc Waterfall, in the northern province of Cao Bang’s Trung Khanh District, is one of the most [...]
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December 22, 2009
Customers disembark from a Sai Gon-Thu Duc express bus in HCM City. Transport demand is forecast to rise by five to 10 per cent during the Tet holiday.LookAtVietnam – All major bus stations in Ha Noi and HCM City are adding more buses during the Tet holiday.Transport demand is forecast to rise by five to [...]
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December 9, 2009
LookAtVietnam – The leather shoe export turnover of Viet Nam in the first 11 months of this year reached US$3.57 billion, a 16 per cent year-on-year decrease. Based on this turnover, the country’s shoe exports for December are projected to be around $300 to 400 million, making an annual total of roughly $4 billion, which [...]
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December 7, 2009
LookAtVietnam – HCM City was set to achieve a gross domestic product (GDP) growth rate of between 7.5 and 8 per cent by the end of the year. The HCM City-Trung Luong Highway project will open to traffic by the end of this year. The city expects to achieve 8 per cent growth by year’s [...]
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November 23, 2009
Seafood processors are facing a shrimp shortage at present, leading to an increase in input costs and a reduction of production capacity at seafood processing factories. The prices have increased 10-20 per cent for large shrimp and 5-10 per cent for small- shrimp compared to last month.Nguyen Ngoc Tai, deputy director of Kim Anh Ltd [...]
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November 14, 2009
LookAtVietnam – The second stimulus package, via a banking rate subsidy programme, could further exacerbate banks’ funding shortages. “With the first bank rate subsidy programme, the banking system has been facing a fund scarcity. Now the second is coming, it is hard to imagine how the system will cope,” said a Vietinbank official.The interbank market, [...]
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November 13, 2009
LookAtVietnam – Numerous banks are offering certificates of deposit and promotions to absorb idle money. At VIB, individual customers who have deposited money for more than one month are given free accident insurance with Bao Viet Insurance.Notably, banks have already raised annual deposit interest rates to 9.9 per cent, which has reduced their profit margin. [...]
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