December 11, 2010
Vietnam may face steep power shortages going into 2011, Electricity of Vietnam (EVN), the nation’s sole power distributor, said, attributing the expected shortfalls to drought conditions. Water levels in major rivers are projected to be much lower than usual, company officials announced at a recent meeting. Despite recent floods, water levels in Da, Se [...]
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February 6, 2010
Doan Tien Dung, deputy general director of the Bank for Investment and Development of Vietnam Hanoi police on Thursday launched an investigation into bribery charges against the deputy general director of a major bank, and arrested another bank official for involvement in the case. Initial investigations showed Doan Tien Dung, deputy general director of the [...]
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February 4, 2010
A Central Steering Board for Corruption Combating senior official said that the board will keep an eye on the bribery case of the Bank for Investment and Development of Vietnam’s deputy general director. Mr. Vu Tien Chien.VietNamNet Bridge – A Central Steering Board for Corruption Combating senior official said that the board will keep an [...]
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February 3, 2010
LookAtVietnam – The Hanoi Police on February 2, 2010 arrested Doan Tien Dung, deputy general director of BIDV for receiving bribes. Prior to that, Doan Tien Dung had been caught red-handed receiving a large sum of bribery money from a business. According to Tuoi tre newspaper, the bribery sum was nearly one billion dong. After [...]
Tags: Acting Director, branch, Deputy general, Deputy general director, director, Doan Tien, Doan Tien Dung, General director, The hanoi, Tien Dung
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February 3, 2010
The deputy general director of the Bank for Investment and Development of Vietnam was detained Tuesday for allegedly receiving bribes from a business. Doan Tien Dung was escorted by Hanoi police from BIDV headquarters on Ba Trieu Street at around 3p.m. after his office was checked for nearly two hours. His house was also searched [...]
Tags: Bidv Deputy, Deputy, Deputy general, Deputy general director, director, General director, Hai phong, The case
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January 31, 2010
A woman talks on the phone at Asia Commercial Bankâs gold trading floor in Ho Chi Minh City Vietnam gold exchanges said they would close far ahead of the governmentâs deadline due to a halting decline in trading volumes. Earlier this month, the State Bank of Vietnam told banks to halt lending for gold investments [...]
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January 15, 2010
VietNamNet Bridge – The major players in Vietnamese industry can be united through the networking powers of the VNR 500 Club. Vietnamese business community says VNR 500 connects usKiem welcomed the club’s ability to bring like minded business people together and suggested alliances would soon be benefitting Vietnam’s economy as a whole. He explained: “If it [...]
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January 13, 2010
Many questions were raised by VietNamNet in an interview with Jetstar Pacific’s General Director, Le Song Lai, on January 13, 2010 General Director Le Song LaiVietNamNet : The Civil Aviation Administration of Vietnam (CAAV) has concluded accusations of poor maintenance by two Jetstar Pacific (JP) engineers is true. Since you once served as the State Capital [...]
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January 7, 2010
LookAtVietnam – Vietnamese businesses are facing 2010 with optimism for an international recovery while worrying about domestic policies and loan interest rates. On January, the first export consignment in 2010 from the DHA Group consisting of 51,000 shirts, left port for the US. The export consignment is valued at 250,000 dollar, kicking off the implementation [...]
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January 4, 2010
LookAtVietnam – A new capital gains tax on stock investments has come into effect, but insiders say it won’t change much on the market. Under the Personal Income Tax Law effective January 1, stock investors must pay either 0.1 percent of the value of each transaction or 20 percent on their net profit for the [...]
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