Posts Tagged ‘ By The Government ’

Vietnam’s SOEs make sacrifice in inflation fight: PM Dung 

December 12, 2011
Vietnam’s SOEs make sacrifice in inflation fight: PM Dung 

Some important state-owned enterprises, including PetroVietnam, will remain owned by the government Some of the losses that state-owned enterprises incurred were due to their attempts to keep prices stable and to rein in inflation, Prime Minister Nguyen Tan Dung said Thursday. He said state utility Electricity of Vietnam, for instance, had to sell power below cost [...]

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Rising public debt risky for Vietnam: economist 

October 7, 2011
Rising public debt risky for Vietnam: economist 

Vietnam plans to slash 10 percent, or VND97 trillion (US$4.65 billion), of development investment this year as one of the measures taken by the government to restore economic stability. Vietnam’s public debt is rising too fast and poses a severe risk to the economy, an economist says, suggesting that the total debt might be even [...]

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State will continue to dominate power market 

August 2, 2011
State will continue to dominate power market 

  A man prepares to deliver a generator to a customer in front of an electrical appliances shop in downtown Hanoi on Monday. In energy-hungry Vietnam’s big cities, businesses and families often use generators to deal with power shortages in the hot summer months. State utility Electricity of Vietnam will continue to control a majority [...]

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Hanoi to tighten requirements for permanent residency application

January 21, 2010
Hanoi to tighten requirements for permanent residency application

People who want to apply for permanent residency in Hanoi have to hold a legal job with salary double the regulated minimum salary, according to a draft of the Capital Law.  LookAtVietnam – People who want to apply for permanent residency in Hanoi have to hold a legal job with salary double the regulated minimum [...]

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Hanoi to tighten requirements for permanent residency application

January 18, 2010
Hanoi to tighten requirements for permanent residency application

People who want to apply for permanent residency in Hanoi have to hold a legal job with salary double the regulated minimum salary, according to a draft of the Capital Law announced Saturday. Minimum wages at urban districts in Hanoi are now VND980,000 (US$53.08).Another requirement is that the people must have legal accommodation in capital [...]

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Vietnam gold exchanges set for shutdown

January 8, 2010
Vietnam gold exchanges set for shutdown

Two employees arrange gold bars at Sacombank Jewelry Company in Ho Chi Minh City. Gold trading floors around the country said they are preparing to wind up operations as ordered by the government. Lam Minh Chanh, general director of Vang The Gioi (World Gold) Finance Joint Stock Co., said his exchange would shut on March [...]

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SOCIAL IN BRIEF 20/12

December 20, 2009
SOCIAL IN BRIEF 20/12

Catholics Solidarity Committee celebrates Christmas; Vietnam, Canada boost educational cooperation; PM bans demolition of Hanoi old villas; Vietnam to punish spouses for sexual violence Catholics Solidarity Committee celebrates Christmas  The Vietnam Committee for Solidarity of Catholics (VCSC) held a solemn ceremony in Hanoi on December 18 to mark the upcoming Christmas.Priest Nguyen Cong Danh, VCSC [...]

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Students slam new curbs on overseas study

December 19, 2009
Students slam new curbs on overseas study

Vietnamese university students studying in Singapore pose for a picture at a conference last March Students and graduates say a draft decree aiming to regulate Vietnamese studying and working abroad could hinder the country’s efforts to lure and retain those trained in developed countries. Proposed earlier this month by the Ministry of Education and Training, [...]

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Legislators want ineffective state-owned firms dissolved

November 28, 2009
Legislators want ineffective state-owned firms dissolved

The National Assembly, Vietnam’s lawmaking body, on Friday adopted a resolution to increase the efficiency of state-owned corporations. The Vietnam Shipbuilding Group is among several state-owned biggies to be inspected by the government next yearThe resolution, passed on the final day of a month-long session, said most state-owned economic groups and corporations had made many [...]

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Legislators want ineffective state-owned firms dissolved

November 28, 2009
Legislators want ineffective state-owned firms dissolved

The Vietnam Shipbuilding Group is among several state-owned biggies to be inspected by the government next year The National Assembly, Vietnam’s lawmaking body, on Friday adopted a resolution to increase the efficiency of state-owned corporations, calling for the elimination of poorly-performing firms. The resolution, passed on the final day of a month-long session, said most [...]

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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...