July 2, 2011
Vietnam’s economic growth accelerated in the second quarter as domestic demand grew. Gross domestic product climbed 5.67 percent from a year earlier, according to a preliminary estimate released by the General Statistics Office in Hanoi Wednesday. That compares with a previously reported 5.43 percent for the first three months. The economy grew 5.57 percent [...]
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June 27, 2011
Coal mining in the northern province of Quang Ninh. Vietnam, a major coal exporter, imported its first load of the fuel this month. Vietnam imported its first load of coal this month even as it continues exporting large quantities of the fuel. This is irrational and the country should have stopped exporting it years ago, [...]
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February 1, 2010
Overall merger and acquisition values and volumes appear to have returned to a growth path in 2009’s fourth quarter giving grounds for optimism for 2010, writes an advisory partner at PricewaterhouseCoopers Vietnam. Major Vietnamese conglomerates are growingly removing smaller rivals through M&A deals.LookAtVietnam – A slow start, but a strong finish to the year. Overall [...]
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December 24, 2009
A shopper examines a jacket at a market in Hanoi Vietnamese inflation accelerated to the fastest pace since April as higher rice prices pushed up food costs while an accelerating economy fueled domestic demand. Consumer prices rose 6.52 percent this month from a year earlier, according to figures released Thursday by the General Statistics Office [...]
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November 16, 2009
LookAtVietnam – Viet Nam will reduce coal exports by 2015 due to increasing domestic demand. The coal industry plans to produce 40 million tonnes of coal this year, with half of that for export.Viet Nam is forecast to import for domestic consumption from 2013. Domestic demand was estimated to reach almost 20 million tonnes this [...]
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October 3, 2009
Coal mining in the northern province of Quang Ninh. A plan to dig up the Hong (Red) River Delta for massive amounts of coal has drawn reaction from experts who say the plan is unfeasible and would cause an environment disaster if implemented. âExploitation of the deltaâs coal basin would sink the whole region and [...]
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September 23, 2009
LookAtVietnam – Enterprises will be free to export fertiliser without having to seek Government approval, Enterprises will be free to export fertiliser without having to seek Government approval.Thuy said that the Ministry of Industry and Trade was expected to abolish export licences on fertiliser late this month or early October in the wake of a [...]
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September 18, 2009
LookAtVietnam – The Ministry of Construction, which investigated the on-going sand mining and export in the Cuu Long Delta, has asked the Government to set a deadline The Ministry of Construction has asked the Government to set a deadline for completing export deals signed last year.The investigation, done by inspectors from the Ministries of Natural [...]
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August 16, 2009
Malaysia has âlimited roomâ for additional fiscal stimulus should the countryâs economic condition deteriorate, the International Monetary Fund (IMF) said. Any decision on boosting spending should be made in the medium term because the country faces high budget deficits and rising debt, executive directors at the Washington-based lender said Friday in a statement. Malaysia also [...]
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Posted in International, News | Comments Off
July 24, 2009
A man walks past an advertising billboard for new housing developments in Beijing, China East Asiaâs rebound from the global economic crisis may be âV-shapedâ and central bankers must retain expansionary monetary policies even as risks to the recovery dissipate, the Asian Development Bank said. The economies including China, South Korea, Indonesia and Vietnam will [...]
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