Posts Tagged ‘ downturn ’

‘Property developers should take long-term view’ 

January 25, 2012
‘Property developers should take long-term view’ 

  Property projects under construction seen from a high-rise building in downtown Ho Chi Minh City Many companies in Vietnam were dealt a harsh blow by the real estate market slump last year. Singapore property developer Keppel Land, though not completely untouched, has weathered the downturn well. Linson Lim, President of Keppel Land Vietnam, is [...]

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‘Property developers should take long-term view’ 

January 25, 2012
‘Property developers should take long-term view’ 

  Property projects under construction seen from a high-rise building in downtown Ho Chi Minh City Many companies in Vietnam were dealt a harsh blow by the real estate market slump last year. Singapore property developer Keppel Land, though not completely untouched, has weathered the downturn well. Linson Lim, President of Keppel Land Vietnam, is [...]

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Turning negatives into positives

October 31, 2009
Turning negatives into positives

LookAtVietnam – Vietnam has fortified its economy in 2009 through effective economic stimulus measures and is looking at some ambitious socio-economic targets for 2010. Many enterprises have prospered during the global economic downturn, while many regional competitors have struggledMany enterprises have prospered during the global economic downturn, while many regional competitors have struggled This year [...]

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MOLISA says it does not intend to extend labour support package

October 16, 2009
MOLISA says it does not intend to extend labour support package

LookAtVietnam – MOLISA will not extend the labour shortage programme after it expires on December 31, 2009. Hoa said in an interview with newspaper Thoi Bao Kinh te Vietnam on October 15 that there was no need to extend the support package, because temporary unemployment had slowed. Several months ago, the Government, in an effort to [...]

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ADB agrees $500 million loan to bolster VN’s economy

September 16, 2009
ADB agrees $500 million loan to bolster VN’s economy

LookAtVietnam – ADB has approved a five-year US$500 million loan to Vietnam to help the economy counter the adverse impacts of the global economic downturn. Workers of Cho Lon Plastics Company in Ho Chi Minh City assemble bikes on Sep. 14, 2009. The Asian Development Bank approved Sep. 15 a US$500 million loan to bolster [...]

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Vietnamese people optimistic and economical: surveys

August 13, 2009
Vietnamese people optimistic and economical: surveys

LookAtVietnam – In recent surveys conducted by international research firms, Vietnamese people appear as optimistic people who believe in better prospects in the future Indochina Research has finished a survey on the impacts of the economic downturn on the incomes and spending of poor families in some big cities in Vietnam, Laos and Cambodia. The [...]

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Second demand stimulus packaged proposed

August 12, 2009
Second demand stimulus packaged proposed

LookAtVietnam – Many members of the National Advisory Council for Monetary Policy have proposed a second demand stimulus package be implemented right after the first package finishes at the end of 2009.  The council had a meeting on August 11 to hear its members’ suggestions on measures to regulate the national economy in the post-economic [...]

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Global downturn hits Asia’s foreign workers

August 10, 2009
Global downturn hits Asia’s foreign workers

Some Vietnamese workers prepare to leave Malaysia early this year after their companies terminated the contract When Anita Gimmi was unable to find work in her native Nepal last year, she borrowed US$1,300 and traveled to Qatar to take up a two-year contract with a cleaning company there. Less than a year later, the 26-year-old [...]

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Gender imbalance stark in crisis impacts, solutions

August 6, 2009
Gender imbalance stark in crisis impacts, solutions

Women have had to inordinately suffer the impacts of the global economic downturn in Vietnam, but solutions have not targeted them. Stimulus policies and other recovery initiatives should specifically address this imbalance, experts said at a seminar in Hanoi Wednesday.Around 83 percent of women of working age are employed in the economic sector and most [...]

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Footwear industry sales drop 9 percent

July 20, 2009
Footwear industry sales drop 9 percent

Viet Nam’s footwear export turnover in the first half of the year was down by nearly 9 per cent compared to the same period in 2008, reaching more than US$2 billion. LookAtVietnam – Viet Nam’s footwear export turnover in the first half of the year was down by nearly 9 per cent compared to the [...]

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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...