Posts Tagged ‘ Economic crisis ’

Focus on ‘easy’ markets first 

June 19, 2011
Focus on ‘easy’ markets first 

  No need to curb investments abroad by Vietnamese firms A tuk-tuk rides past a large advertising poster featuring investment fields by Vietnam’s group Hoang Anh Gia Lai in the Laos capital Vientiane. Laos and Cambodia are two markets that are easy for Vietnamese firms to invest in, an expert says. As of February, Vietnamese [...]

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New approach brings US homeless in from the cold 

February 6, 2011
New approach brings US homeless in from the cold 

A homeless man sits besides his belongings on a street in Washington, DC. In the dead of winter last year, after 13 years of wandering the streets and homeless shelters of the US capital, Maureen Brosnahan was given a tiny apartment with no strings attached. She would no longer have to endure icy nights lying [...]

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Davos forum chief warns of further crisis

January 28, 2010
Davos forum chief warns of further crisis

The year 2010 will be a challenging year with the world facing a potential social crisis which came as a result of the previous financial and economic crisis. Klaus Schwab, founder and executive chairman of the World Economic Forum, speaks during the Opening Plenary of the World Economic Forum Annual Meeting 2010 of the World [...]

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Foreign bosses flee after bad year, leaving workers unpaid

January 24, 2010
Foreign bosses flee after bad year, leaving workers unpaid

Workers at a Malaysian firm in Ho Chi Minh City wait after their boss left Vietnam while still owing them VND100million Pham Thi Trinh, a leather shoe worker in the southern province of Binh Duong, has been at home without work or pay for three months after her South Korean bosses suddenly disappeared towards the [...]

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Don’t write off the dollar

January 9, 2010
Don’t write off the dollar

A young woman at a jewelry shop where people can also exchange money on a street in Hanoi What is the impact of a declining dollar? Has the economic crisis really come to an end? Can we expect a new global economic order? Thanh Nien Weekly asks Jonathan Larsen, head of Consumer Banking and Global [...]

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Shoemakers shoot themselves in the foot

December 29, 2009
Shoemakers shoot themselves in the foot

Vietnamese footwear exporters may have harmed themselves by not cooperating with EU inspectors, Alain Cany, chairman of the European Chamber of Commerce in Vietnam, tells Thanh Nien Weekly. With a majority of the European Union’s member states approving a proposal by the European Commission to extend antidumping duties on footwear imported from Vietnam and China [...]

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For Vietnamese, home is where the heart is

December 29, 2009
For Vietnamese, home is where the heart is

A majority of Vietnamese believe their families are the most important part of their lives, a survey has found. A poll of more than 1,000 people done online or face-to-face found 99 percent saying their family comes first. 97 percent wish they can have closer ties with their community.The wide-ranging Eye on Asia survey, done [...]

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Vietnam set for middle income status: World Bank

December 24, 2009
Vietnam set for middle income status: World Bank

A farmer poses in her rice paddy field in Vietnam’s northern Bac Ninh province, outside Hanoi The World Bank said it had approved its biggest ever loan to Vietnam as it virtually endorsed the once war-ravaged Southeast Asian nation’s impending elevation to middle income status. The US$500 million loan was the first to the fast-growing [...]

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Japan and UK commit nearly $1.7 billion development assistance to Vietnam

December 4, 2009
Japan and UK commit nearly $1.7 billion development assistance to Vietnam

Japan and the UK are the two first countries to pledge assistance to Vietnam in 2010 at the Consultative Group (CG) Meeting. PM Nguyen Tan Dung and the two co-chair people, the Minister of Planning and Investment Vo Hong Phuc and the WB’s Director in Vietnam Victoria Kwakwa.The CM Meeting opened in Hanoi on December [...]

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WTO opens first ministerial conference in four years

December 2, 2009
WTO opens first ministerial conference in four years

The World Trade Organization (WTO) opened its first ministerial conference in four years on Monday. World Trade Organization (WTO) Director-General Pascal Lamy addresses the opening ceremony at the opening session of the World Trade Organization (WTO) ministerial conference on November 30, 2009 in Geneva. The WTO opened its first ministerial conference in four years on [...]

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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...