September 20, 2011
Indonesian footwear manufacturers and Bangladeshi textile makers have been two of the “biggest winners” in the past year as China becomes less competitive in low-cost manufacturing, according to a report by KPMG LLP. While China is still the major supplier for consumer electronics and furniture, apparel and footwear production has shifted to countries across [...]
Tags: Bangladesh, China, costs, countries, footwear, Ldquo, percent, Rdquo, Report:, The past, The report, The Report Said
Posted in International | Comments Off
September 12, 2011
A tower being built on the Pearl River in Guangzhou. Environmental activists say that Vietnam’s poisoned Dong Nai River could meet the same fate as a heavily toxic river in China if serious measures aren’t taken soon. According to a leaked cable from the US Consulate in Guangzhou, China, to the State Department in Washington [...]
Tags: Areas, China, costs, development, Dong Nai, Dong Nai River, economic, environmental, Environmental Protection, experts, growth, Growth Rdquo, He Said Ldquo, heavily, Heavily Polluted, In This Case, Industrial, Ldquo, Local, long-term, Nai River, Nien Weekly, Of Pollution And, Pearl, Pearl River, polluted, Pollution, quality, Rdquo, Rdquo Ldquo, River, Said ldquo, Said The Pearl, Said The Pearl River, Said Vietnam, serious, situation, sources, Thanh, Thanh nien, Thanh Nien Weekly, The Dong, The Dong Nai, The Dong Nai River, The Effects, The Pearl, The Pearl River, The report, The state, This Case, untreated, Untreated Wastewater, Upstream, Vested Interests, Vietnam, wastewater, water
Posted in Sci-Tech | Comments Off
September 3, 2011
A man works at a factory which makes blankets, pillows and mattresses in Ngoc Nu Village, outside Hanoi. The factory had to reduce production this year. Vietnam’s labor market is experiencing yet again its familiar paradox of increasing unemployment and a shortage of workers. The number of people registering for unemployment assistance has increased, while [...]
Tags: Are Not Able, costs, Department, Deputy Head, employ, firms, Get Unemployment, Hanoi, In Hanoi Said, In The First, increase, Jobs Department, labor, Many Firms, months, New Jobs, Of This Year, percent, production, registering, Registering For Unemployment, Said Firms, Salaries, Thanh nien, The first, The Jobs, The Jobs Department, The Unemployment, This year, To Get Unemployment, Trung, unemployment, Vietnam, workers
Posted in Business | Comments Off
August 27, 2011
People work at a furniture factory outside Hanoi. Many exporters in Vietnam are struggling to survive the difficult times. The global recession and resultant lower purchasing power has caused difficulties for many Vietnamese exporters. It has not helped that their heavy reliance on imported materials, coupled with rising input costs, have made their products less [...]
Tags: 10-percent, 20 Percent, costs, Da Nang, director, Early This Year, exports, Few Months, Few Months Ago, firms, First Seven, First Seven Months, garment, General, growth, Have Made, He Said Ldquo, He Said The, Heavy Reliance, imported, Imported Materials, In The First, In The First Seven, industry, Input Costs, Last year, Ldquo, lower, Lower Purchasing, Lower Purchasing Power, materials, months, Of The Vietnam, Of This Year, Of Vietnamese Woodwork, On Imported Materials, orders, paper, percent, Percent Since Early, Percent Since Early This, Period last, Period last year, Plastic, prices, products, Profit Margins, Purchasing Power, Quyen, Rdquo, reduced, Rising Input, Rising Input Costs, Said ldquo, Said The Situation, Same period, Same period last, Same period last year, Seven Months, Since Early This, Since Early This Year, situation, Thanh nien, The first, The First Seven, The First Seven Months, The industry, The same period, The same period last, The Situation, The vietnam, This year, Vietnam, Vietnamese, Vietnamese Woodwork, Woodwork, Woodwork Products
Posted in Business | Comments Off
July 29, 2011
A Spanish flag flutters over the Bank of Spain in Madrid March 10, 2011. Rating agency Moody’s put Spain on review for a possible downgrade on Friday, adding to concerns that a Greek rescue package has done little to halt the spread of Europe’s debt crisis. Moody’s move to place the Aa2 government bond rating [...]
Tags: Across The Euro, Across The Euro Zone, agency, And Spanish Bond, Bond Yields, Central, Central Government, clear, Concerns, Concerns Over, costs, crisis, Debt Loads, Deficit Target, Domestic Product, Downgrade, Euro Area, Euro Zone, fiscal, For Private Sector, For Private Sector Participation, Funding Costs, Government, Governments, Greek, Greek Crisis, Greek Rescue, Greek Rescue Package, Gross Domestic, Gross Domestic Product, In Line With, In The Euro, In The Euro Area, Last week, Moody, Of Gross Domestic, Of Gross Domestic Product, On Review For, One Notch, package, percent, Permanent Burden, Placed, Possible Downgrade, Precedent For Private, Precedent For Private Sector, Private Sector, Private Sector Participation, rating, Rating Agency, Ratings, regional, Regional Governments, regions, rescue, Rescue Fund, Rescue Package, review, Review For Downgrade, sector, Sector Participation, sovereign, Spain, Spanish, Spanish Bond, The Aa2, The Agency, The central, The Central Government, The country, The crisis, The Crisis The, The Euro, The Euro Area, The Euro Zone, The Greek, The Greek Crisis, The Ratings, The Regions, The Sovereign, The Spanish, yields
Posted in International | Comments Off
July 17, 2011
Expectations that lower global prices would benefit consumers have been belied A worker pumps petrol to a motorcycle at a gas station in Hanoi. Vietnam raised retail fuel prices in late March and has left them unchanged since. When the government decided in March that local petroleum prices will be adjusted in line with [...]
Tags: A92 Gasoline, An Expert Who, April, companies, company, compared, Compared With April, Consumers, costs, Diesel, Diesel Prices, distributors, finance, Finance Ministry, Fuel prices, Fuel Traders, Gas Stations, Gasoline, Gasoline Prices, General director, given, global, Global Prices, Government, import, Import tax, imported, importers, In Fuel Prices, In Line With, increase, inflation, Input, Input Costs, Last week, Ldquo, Liter, Local, lower, Lower Fuel, Lower Fuel Prices, March, March 29, ministry, Of Saigon Petro, Oil Prices, Oil Products, One Way, One Way Street, One Way Street For, Per Liter, percent, petroleum, Petroleum Prices, Petrolimex, price, Price cuts, Price Stabilization, Price Stabilization Fund, prices, Prices Rose, profit, Rdquo, Remain Unnamed, retail, Retail prices, Said ldquo, Said The Government, Saigon Petro, Sharp Increases, Since March, Stabilization, Stabilization Fund, Thanh nien, The company, The Decision, The Finance, The Finance Ministry, The Fuel, The government, The ministry, The price, The Price Stabilization, The Price Stabilization Fund, Their Input, Their Input Costs, To Pay More, To Remain Unnamed, To The Price, To The Price Stabilization, Vietnam, Way Street, Way Street For, When Global, When Global Prices, Who Wished, world, World Markets
Posted in Business | Comments Off
July 10, 2011
Industry stakeholders grapple with falling production, higher costs and low prices Farmers harvest tra fish in the Mekong Delta. A shortage of the fish is expected to recur next month. As many as 147 firms have stopped seafood processing and export to pursue other kinds of business since the beginning of this year, pushed [...]
Tags: 20 Percent, 213 000, 30 Percent, company, costs, Costs Have Increased, Delta:, Early This Year, export, firms, fishing, Have Increased, High Input, High Input Costs, His Firm, In The First, In The Mekong, In The Mekong Delta, increase, industry, Input, Input Costs, Input Costs And, Last year, Many Firms, Many Firms Are, material, Mekong, Mekong delta, month, Next month, Nhuong, Of This Year, Of Tra Fish, Offshore, Offshore Fishing, percent, Percent Over, Percent Over The, Period last, Period last year, prices, processing, production, Raw material, Recur Next Month, Said His Firm, Same period, Same period last, Same period last year, seafood, Seafood Processing, shortage, shrimp, supply, The first, The Increase, The mekong, The mekong delta, The Raw, The Raw Material, The same period, The same period last, The Shortage, The Supply, This year, Tra fish, Vasep, With The Increase
Posted in Business | Comments Off
June 1, 2011
Women work at a plastic factory, which makes plastic parts for electronic production, in Que Vo District, outside Hanoi. Constrexim’s main products are interior furnishings like wardrobes, chairs and tables, but the company no longer finds it worthwhile to make them. It has shifted to making semi-finished products, mainly wooden planks, that are sold to [...]
Tags: Bank loans, capital, company, Constrexim, costs, Finished Products, firms, Her Firm, Her Firm Has, High interest, His Firm, His Firm Has, interest, Interest rates, Ldquo, loans, Many Firms, markets, material, Material Costs, materials, New markets, Of The Vietnam, percent, prices, production, products, Rdquo, reduce, reduced, Said Her Firm, Said Her Firm Has, Said His Firm, seeking, Seeking New, Seeking New Markets, Semi Finished, Semi Finished Products, The Biggest, The company, The government, The Government Should, The Rate, The vietnam, tough, Tuan Said His, Tuan Said His Firm, Vietnam, Wood Materials
Posted in Business | Comments Off
May 31, 2011
Japan’s economy offered more signs of recovery from the deadly March earthquake on Tuesday, but Moody’s ratings agency warned both growth and government action may fall short of what is necessary to bring Tokyo’s ballooning debt back under control. Industrial output rose 1 percent last month after a record plunge immediately after the magnitude [...]
Tags: After The Disaster, costs, crisis, disaster, Downgrade, economic, economy, fiscal, Government, Japan, Minister, Moody, nuclear, Nuclear Crisis, percent, policy, political, possible, Possible Downgrade, Prime minister, quake, Rdquo Moody, recovery, reforms, spending, That The Government, The Disaster, The economy, The government, The Quake, The year, Tokyo
Posted in International | Comments Off
May 22, 2011
A construction expert talks about Vietnam’s need to create more low-income housing Apartment buildings in Ho Chi Minh City. Land prices must fall to make apartments available to low-income earners, a construction expert said. High land prices have driven up the cost of housing. In order to make apartments available to low-income earners, land [...]
Tags: Afford, affordable, Affordable Housing, apartment, Apartment Prices, Apartments, Apartments Available, build, Can Afford, Chi minh, Chi minh city, construction, Construction Costs, Construction Expert, costs, create, Da Nang, demand, earners, firms, For Low Income, For Low Income Earners, Hanoi, High Housing, High Housing Costs, Ho Chi, Ho Chi Minh, Ho Chi Minh City, housing, Housing Costs, Income Apartments, Income Earners, Income Housing, income:, investors, Land Prices, Land Prices Must, Land Prices Must Fall, Ldquo Low, Low Income Apartments, Low Income Earners, Low Income Housing, Low Priced, low-income, lower, Make Apartments, Make Apartments Available, market, meter, million, Million per, Million Per Square, Million Per Square Meter, Minh city, Per Square, Per Square Meter, Pham Sy, priced, prices, Prices Must Fall, profit, projects, Square, Square Meter, state, Sy Liem, The Cost, The state, Those Who Can, Those Who Can Afford, To Create More, To Low Income, To Low Income Earners, To Make Apartments, To Make Apartments Available, Transaction Fees, Vietnam, Who Can Afford
Posted in Reports | Comments Off
