December 12, 2011
As you prepare to study the various resolutions for the coming annual general meeting of your company, being held in St. Louis 24th January, 2012, I ask you to take into consideration the history of your company and the policies you have supported at various annual general meetings. It is a record that very [...]
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November 9, 2011
Vietnamese lawmakers backed a plan that aims for annual economic growth of as much as 7 percent through 2015 and seeks to quell Asia’s highest inflation. The National Assembly approved an objective of 6.5 percent to 7 percent annual economic expansion from 2011 to 2015 and a goal of reducing inflation to 5 percent [...]
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October 21, 2011
Vietnam will target average annual gross domestic product (GDP) growth of 6.5 percent to 7 percent in the 2011 to 2015 period, the National Assembly said in a document handed to reporters in Hanoi on Wednesday. The nation also aims to reduce its budget deficit to below 4.5 percent of GDP by 2015, and [...]
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September 20, 2011
Employees at Joint-Stock Commercial Bank for Foreign Trade of Vietnam, or Vietcombank, attend to customers in Hanoi. Several commercial banks announced lending interest rate cuts, but companies complain they are being denied access to the lower rates. Major lenders like VietinBank and Vietcombank have lowered dong lending rates for loans to businesses and manufacturers to [...]
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July 1, 2011
China has stepped up buying farm products from Vietnam, including coffee, rice and rubber as it grapples with harsh crop weather, but higher prices could stoke inflation in the Southeast Asian nation, government data and local media said. Rising Chinese imports of Vietnamese agricultural produce, which has seen robust growth in the past decade, [...]
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June 1, 2011
Breweries savor the market fizz A promo model at a booth set up by local beer maker Sabeco at a beverage fair in Hanoi. With its 86 million population, tropical climate and beer-lovers, Vietnam is a booming beer market. If one was asked to single out one industry with a great growth potential in [...]
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May 4, 2011
Deputy Prime Minister Hoang Trung Hai speaks at the Vietnam Business Summit during Asia Development Bank's 44th annual meeting in Hanoi on May 3 Vietnam will continue to improve its business environment and fully mobilize domestic and foreign resources as it aims to become an industrialized nation in 2020, Deputy Prime Minister Hoang Trung Hai [...]
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May 4, 2011
Vietnam's Central Bank Governor Nguyen Van Giau speaks at a news conference of the 44th annual meeting of the Asia Development Bank in Hanoi May 2, 2011. Vietnamese central bank governor Nguyen Van Giau expressed confidence on Monday in government steps to curb soaring inflation, days after raising key policy rates for the second time [...]
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April 22, 2011
Vietnam Prosperity Bank, 15 percent owned by Oversea-Chinese Banking Corp , expects its gross profit to jump 57 percent to VND1.04 trillion (US$50 million) this year. The Hanoi-based bank, also known as VPBank, has cut its pretax profit target from an initial plan of VND1.35 trillion due to the government’s tightening of macro policies [...]
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January 22, 2011
A simulated design of a pair of cats at the entrance of Nguyen Hue Flower Street 2011. The annual transformation of Nguyen Hue Boulevard in Ho Chi Minh City into a Flower Street for Tet, the Lunar New Year festival, will celebrate a happy coincidence this year. The first day of the Lunar New Year [...]
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