Posts Tagged ‘ He Said The ’

VFF-AVG pact on TV rights not valid: VPF 

January 3, 2012
VFF-AVG pact on TV rights not valid: VPF 

Nguyen Duc Kien, vice chairman of the Vietnam Professional Football JSC (VPF) The newly established national football company, VPF, says it rejects the validity of 20-year-contract between the Vietnam Football Federation (VFF) and the An Vien Group (AVG). Early this year, VFF and AVG signed an agreement worth VND 6 billion (US$285,000) per year that [...]

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Vietnamese speech recognition system breeds various apps 

January 2, 2012
Vietnamese speech recognition system breeds various apps 

  A Vietnamese speech translation system and an iPhone navigation app based on voice recognition are among the applications recently introduced by a Ho Chi Minh City-based university.   The Artificial Intelligence Laboratory (AILab) at the University of Science, said based on its research on spoken language that earned the third prize in the 2009 Viet Talents contest, [...]

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Different credit limits a rational move 

December 30, 2011
Different credit limits a rational move 

  Strong small banks should be allowed greater lending growth A local commercial bank’s employee counts money next to piles of dong notes in Hanoi on Monday The application of different credit caps on different banks based on their operational capacity is expected to correct a situation where banks with customers cannot offer loans while [...]

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Vietnam stock traders at risk as brokerages struggle 

December 16, 2011
Vietnam stock traders at risk as brokerages struggle 

Investors at SME Securities Corp. Many stock investors are facing the risk of losing all their money as securities companies — after illegally using funds deposited by clients — are stuck in liquidity problems. Economist Dinh The Hien said a lot of stock brokerages have acted like small banks. Although they are not allowed to, [...]

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World wonder status for Ha Long Bay raises new challenges 

November 21, 2011
World wonder status for Ha Long Bay raises new challenges 

  New world title will make no difference until existing infrastructure, services are improved, experts say A tourist boat sails past the stone islands of Ha Long Bay Ha Long Bay, by virtue of being the jewel in Vietnam’s tourism crown, has always been in the spotlight, but the lights have just gotten a lot [...]

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Sang’s India visit means stronger defense ties: analysts 

October 14, 2011
Sang’s India visit means stronger defense ties: analysts 

  Vietnam welcomes Indian oil exploration in East Sea; expert says weapons exchange could be in the future Vietnamese President Truong Tan Sang (L) shakes hands with Indian Prime Minister Manmmohan Singh after they gave joint press statements in New Delhi on October 12. Sang is in India for a three-day state visit. Vietnamese President [...]

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Rising public debt risky for Vietnam: economist 

October 7, 2011
Rising public debt risky for Vietnam: economist 

Vietnam plans to slash 10 percent, or VND97 trillion (US$4.65 billion), of development investment this year as one of the measures taken by the government to restore economic stability. Vietnam’s public debt is rising too fast and poses a severe risk to the economy, an economist says, suggesting that the total debt might be even [...]

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Vietnam denies using illegal timber in exported furniture 

September 5, 2011
Vietnam denies using illegal timber in exported furniture 

  Vietnamese authorities have rejected as "wrong" the accusation by a Britain-based organization that the country has been using illegal timber for furniture exports. The denial was made at a press briefing by officials from the Vietnam Timber and Forest Product Association and Vietnam Administration of Forestry from the Ministry of Agriculture and Rural Development. [...]

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Vietnam aims to keep inflation rate at 18 pct for the year 

September 3, 2011
Vietnam aims to keep inflation rate at 18 pct for the year 

  The government will continue tightening monetary policies and take other measures to achieve a growth rate of six percent and keep inflation rate at around 18 percent for the year, a senior official told the press Thursday. According to Vu Duc Dam, head  of the Government Office, the country’s gross domestic product (GDP) growth [...]

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Exports suffer as recession bites 

August 27, 2011
Exports suffer as recession bites 

People work at a furniture factory outside Hanoi. Many exporters in Vietnam are struggling to survive the difficult times. The global recession and resultant lower purchasing power has caused difficulties for many Vietnamese exporters. It has not helped that their heavy reliance on imported materials, coupled with rising input costs, have made their products less [...]

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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...