Vietnam expects to export 1.5 million tons of rice this year to the Philippines, the government said Wednesday, in its first confirmation of the size of a massive deal that boosted export quotations. The pact, accounting for 30 percent of Vietnam’s projected export volume this year, would fill the annual grain import needs of the [...]
Lookatvietnam – The Government has doled out as many as 2.5 trillion VND to aid 2.4 million poor households with over 10 million people across 63 provinces and cities in the Tet (traditional New Year) festival, the Government office reported. LookAtVietnam – The Government has doled out as many as 2.5 trillion VND to aid [...]
VietNamNet Bridge – The Government has decided to cut preferential tax rates on imported petroleum to 35 percent from 40 percent. The new rate will be applied to imported petrol from January 24. The Ministry of Finance (MoF) issued Circular No 15/2009/TT-BTC on Jan. 22 as an implementation guide for the new tax level for items [...]
Lookatvietnam – The tourism industry must join together to develop a tourism network, Deputy Minister of Culture, Tourism and Sports Tran Chien Thang told Thoi bao Kinh te Viet Nam (Economic Times) newspaper. I don’t think we should expect foreign visitors to make a second or third visit as there are more than 200 countries [...]
Swedish wireless equipment maker Ericsson announced Wednesday it would lay off 5,000 employees worldwide for further cost savings following a substantial fall in profit. Ericsson Chief Executive Carl-Henric Svanberg attends a news conference in Stockholm Jan. 21, 2009. Ericsson’s fourth-quarter earnings beat expectations, helped by a weak Swedish crown, and the firm promised deeper savings [...]
VietNamNet Bridge – The Viet Nam Steel Corporation (VNSteel) has set targets to reach a growth rate of more than 1.5 per cent in 2009 – despite gloomy predictions about the global economy this year. A production line to manufacture pig iron in Hoa Phat Steel JSC at Pho Noi A, Hung Yen Province. The [...]
VietNamNet Bridge – Vietnamese officials have introduced a host of solutions to attract more tourists to the country amidst the global economic slowdown. The coastal city of Nha Trang.VietNamNet Bridge – Vietnamese officials have introduced a host of solutions to attract more tourists to the country amidst the global economic slowdown.At a press conference in [...]
The Ministry of Industry and Trade has approved a VND180 trillion (US$10.5 billion) master plan to develop the production of electric equipment in the 2006-2015 period. Under the plan, VND43 trillion ($2.5 billion) will be used for the 2006-2010 period and the rest for the sector’s development between 2011-2015.The ministry targets an annual average growth [...]
VietNamNet Bridge – HCM City has so far attracted 61 foreign investment projects in education and training sector with a total investment capital of US$3.58 billion, according to the city’s Department for Planning and Investment. A perspective of the Berjaya Vietnam International University Township.VietNamNet Bridge – HCM City has so far attracted 61 foreign investment [...]
VietNamNet Bridge – The Coal and Mineral Industrial Group has set itself the target of producing 33.5 million tonnes of coal in 2009. Exports were also in the focus at the workshop, with exporters being urged to speed up coal screening and processing procedures, particularly of low-energy coal, in an effort to improve the quality [...]
