Posts Tagged ‘ Economic recovery ’

Democrats push tax hikes first in deficit talks 

October 1, 2011
Democrats push tax hikes first in deficit talks 

The twelve members of the Congressional Super Committee, six Democrats and six Republicans, gather for opening remarks. Democrats want tax hikes to be the first item negotiated in "super committee" deficit-reduction talks, trying to force Republicans to confront an issue at the heart of this year’s budget fights, sources told Reuters. The tough stance by [...]

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House passes bill to avert government shutdown 

March 2, 2011
House passes bill to avert government shutdown 

President Barack Obama responds to a question during a news conference at the White House in Washington February 15, 2011. The House of Representatives on Tuesday voted to extend government funding for two more weeks, a move that would avert a federal shutdown but do nothing to resolve a bitter debate over the federal budget. [...]

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Tet purchasing bustles amid economic recovery

January 26, 2010
Tet purchasing bustles amid economic recovery

A woman walks at the shopping quarter in Ho Chi Minh City downtown. Surrounded by shelf upon shelf of brightly colored candy boxes, Tran Quynh Hoa’s shopping cart was already full. But that didn’t stop her from selecting two more boxes of chocolates and placing them precariously atop her haul of fruits, rice, and confectionaries.“I’m [...]

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Recovery remains a bumpy road

January 23, 2010
Recovery remains a bumpy road

The Vietnamese economy is heading to a higher growth in 2010, but a lot of challenges are waiting ahead. As public investments keep on expanding, efficiency continues to raise questionsAs public investments keep on expanding, efficiency continues to raise questions Since Vietnam’s economic growth bottomed out at 3.1 per cent in the first quarter of [...]

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BUSINESS IN BRIEF 11/1

January 10, 2010
BUSINESS IN BRIEF 11/1

Milk prices slide, farmers see losses; Overseas remittances down 12.8%, says State Bank; Hanoi to host int’l trade, investment fair; Businesses optimistic about economic development in 2010; Coffee exports hit record high Milk prices slide, farmers see losses Dairy farmers in Ho Chi Minh City’s Cu Chi District January 8 said they have been forced [...]

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Vietnam seafood stocks gain on world economic recovery outlook

January 7, 2010
Vietnam seafood stocks gain on world economic recovery outlook

Mekong Fisheries Joint-Stock Co. rallied the most among Vietnamese seafood shares on the Ho Chi Minh City Stock Exchange after the industry group forecast an increase in demand from the country’s major export markets. Mekong Fisheries gained by daily limit of 5 percent to close at VND35,700, the highest since Nov. 25. Sao Ta Foods [...]

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Workers turn their backs on Hanoi industrial parks

January 2, 2010
Workers turn their backs on Hanoi industrial parks

Le Thi Hien walked away with utter discontent after glancing at a steel company’s job vacancy announcement at Quang Minh Industrial Park in Hanoi.  Two jobseekers look at a vacancy announcement in Quang Minh Industrial Park in Hanoi. “The salary is too low, even lower than that of a domestic help in the city. Moreover, [...]

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Workers turn their backs on Hanoi industrial parks

January 2, 2010
Workers turn their backs on Hanoi industrial parks

Two jobseekers look at a vacancy announcement in Quang Minh Industrial Park in Hanoi. Le Thi Hien walked away with utter discontent after glancing at a steel company’s job vacancy announcement at Quang Minh Industrial Park in Hanoi. “The salary is too low, even lower than that of a domestic help in the city. Moreover, [...]

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OPEC crude oil price hovers under 80 dollars

December 2, 2009
OPEC crude oil price hovers under 80 dollars

The weekly average crude oil price of OPEC dropped again last week, falling by 0.8 U.S. dollars per barrel to 75.98 dollars, the Vienna-based organization said Monday. In the only two trading days last week due to holidays, the Organization of Petroleum Exporting Countries (OPEC) oil price first saw an increase and then a decline. [...]

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APEC to maintain stimulus until ‘durable’ recovery

November 15, 2009
APEC to maintain stimulus until ‘durable’ recovery

APEC leaders pose at the declaration ceremony at the end of the the APEC Summit in in Singapore Asia-Pacific leaders said the economic recovery isn’t on a “solid footing” yet, pledging to maintain stimulus measures until there is “durable” growth. Economies must shift toward a more balanced expansion strategy in the aftermath of the global [...]

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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...