Posts Tagged ‘ Billion usd ’

Economy bounces back but faces challenges, says Deputy PM

February 3, 2010
Economy bounces back but faces challenges, says Deputy PM

Vietnam’s economy has recovered, but still faced numerous challenges and difficulties requiring greater efforts to deal with, said Deputy PM Nguyen Sinh Hung. LookAtVietnam – Vietnam’s economy has recovered, but still faced numerous challenges and difficulties requiring greater efforts to deal with, such as a big trade deficit, high inflation and low budget collection, Deputy Prime [...]

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US paper: Vietnam emerges as Asia’s newest IT tiger

February 2, 2010
US paper: Vietnam emerges as Asia’s newest IT tiger

Vietnam is increasingly showing up on the radar screen of companies seeking an alternative destination for outsourced IT work and outsourcing in general. “In fact, Vietnam is well poised to position itself as an alternative to China for both IT and outsourcing work and as a cost effective alternative to India for certain niche areas such [...]

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BUSINESS IN BRIEF 1/2

February 1, 2010
BUSINESS IN BRIEF 1/2

HCM City rakes in over 1.3 bln USD from exports in January; E-customs procedures to be applied for exports; Construction of An Khanh Thermo-electric Power Plant starts  Ho Chi Minh City, the country’s largest commercial hub, grossed over 1.3 billion USD from exports in January, up 8.8 percent from a year ago. Of the amount, [...]

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BUSINESS IN BRIEF 28/1

January 28, 2010
BUSINESS IN BRIEF 28/1

Foreign tourists to Vietnam up 20 percent in January; Vietnam Airlines opens first European rep. office; Vietnam to grow by 6.5 pct: EuroCham director  Phu Quoc islandThe number of overseas arrivals to Vietnam in January reached about 416,000, an increase of 20.4 percent over the same period last year and 10 percent compared with December, [...]

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BUSINESS IN BRIEF 26/1

January 27, 2010
BUSINESS IN BRIEF 26/1

US Website: VN economy likely to show significant expansion; Market volumes hit 7-month low; Vietsovpetro to install two oil rigs in Bach Ho  Hanoi, VietnamThe Vietnamese economy is expected to show a significant expansion though it was mildly affected by the diminished export demand, said a New York-based website. An article posted on Seeking Alpha [...]

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BUSINESS IN BRIEF 25/1

January 26, 2010
BUSINESS IN BRIEF 25/1

VN to export 750,000 tonnes of rubber in 2010; Embassy in Germany meets Vietnamese businesses; Hanoi to attract 180 million USD into IZs in 2010 The Vietnam Rubber Association predicted that this year’s total rubber exports will hit 750,000 tonnes, valued at over 1.5 billion USD. The association said that 2010 promises a growing year [...]

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Retail market rises above global crisis

January 23, 2010
Retail market rises above global crisis

Vietnam ’s retail market weathered the global financial crisis to reach a year on year sales growth rate of 18.6 percent in 2009. The figures are of great significance as the world’s major markets, including the US , Japan , the Republic of Korea and the European Union, saw minus growth rates, heard experts at [...]

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Experts predict economy will be stronger this year

January 15, 2010
Experts predict economy will be stronger this year

LookAtVietnam – The national economy has overcome recent difficulties and will reach a growth rate higher than last year’s The conference entitled “ Vietnam economy in 2010: Acknowledging Investment and Business Opportunities” was attended by ministry officials, the leading economists and 300 enterprises who evaluated and forecast the global economy, as well as Vietnam ’s [...]

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BUSINESS IN BRIEF 29/12

December 29, 2009
BUSINESS IN BRIEF 29/12

Rice export hits record high of 6 million tonnes; Retail turnover surges 18.6 percent in 2009; Bank to let loose 60 million share issue   Vietnam’s rice export reached twenty-year record high till the end of December this year, said the Vietnam Food Association (VFA). The nation exported six million tonnes of rice in 2009, earning over 2.4 [...]

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BUSINESS IN BRIEF 28/12

December 28, 2009
BUSINESS IN BRIEF 28/12

Foreign banks expand presence in Vietnam; Agro-forestry-fisheries exports drop 7 percent in value; Vietnam Entrepreneurs Association in Belgium & Luxembourg debuts  Many foreign banks have joined up with local partners to expand their presence in Vietnam’s market in addition to opening more branches and introducing new products.ANZ Vietnam has linked up with the Vietnam Post [...]

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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...