Posts Tagged ‘ Economic Difficulties ’

Delta province places bet on potential for tourism

August 3, 2009
Delta province places bet on potential for tourism

LookAtVietnam – The Cuu Long (Mekong) Delta province of Ben Tre is seeking VND1.5 trillion (US$84.5 million) in investment funds for seven projects to further develop its tourism potential. Despite current economic difficulties, Ben Tre province had allocated VND10 billion for the tourism sector during the first six months of this year.Despite current economic difficulties, the province [...]

Tags: , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,
Posted in News, Travel | Comments Off

In hard times, ‘virtual office’ providers are thriving

July 17, 2009
In hard times, ‘virtual office’ providers are thriving

VietNamNet Bridge – Virtual office services are unprecedentedly flourishing. Clients who need to keep up appearances have been flocking to these service providers, even though the virtual rents keep going up. The traditional office leasing market in Hanoi and HCM City, after absorbing rents decreases of 25-30 percent over 2008, remains in the doldrums. However, [...]

Tags: , , , , , , , , , , , , , , , , , , , , , , , , , ,
Posted in Business, News | Comments Off

Higher chartered capital, harder pressure on banks

March 13, 2009
Higher chartered capital, harder pressure on banks

Commercial banks, luckily enough, could raise their chartered capital before the deadline. However, a new problem has arisen that they do not know what to do with the additional capital. When planning to raise chartered capital, banks said that they would use the capital to improve material facilities, expand the networks and expand credit. However, [...]

Tags: , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,
Posted in Business, News | Comments Off

Selling private jewellery to help companies hold out

February 12, 2009
Selling private jewellery to help companies hold out

VietNamNet Bridge – The director of a private company in Hanoi stated that she would sell her jewellery and collection of 10 Louis Vuitton bags worth several hundred thousand US to pay salaries to staffs if her business dropped. “I have not gone to any fashion shops in the last two months, and I have [...]

Tags: , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,
Posted in Business, News | Comments Off

Feature

Vietnam, Cuba foreign ministries to bolster ties

By

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...