December 19, 2011
File photo dated last year shows a man putting gold into a molding machine at the Sacombank gold bar factory in Ho Chi Minh City . All gold bar producers, except SJC, are expected to completely stop bullion production. Huge losses and unemployment for hundreds of workers loom as gold bullion producers prepare to [...]
Tags: Agribank, Agribank Gold, Agribank Gold Corp, Agribank Gold Corp Said, Bao Tin, Bao Tin Minh, Bao Tin Minh Chau, Between Domestic, Between Domestic And, Brand, Bullion, Bullion Processing, Bullion Processors, Bullion Producers, Business, Central, Central bank, Chi minh, Chi minh city, company, decision, domestic, Domestic Market, employees, firms, Gap Between Domestic, Gap Between Domestic And, General director, Gold Bar, Gold Bars, Gold Bullion, Gold Bullion Processing, Gold Bullion Processors, Gold Bullion Producers, Gold Corp, Gold Corp Said, Gold Firms, Gold prices, Gold Production, His company, His Firm, Ho Chi, Ho Chi Minh, Ho Chi Minh City, Huge Losses, In Gold Bullion, In Gold Bullion Processing, In The Market, jewelry, Jobs Rdquo, Ldquo, losses, market, million, Minh Chau, Minh city, monitor, Monitor The Quality, monopoly, Of Agribank Gold, Of Agribank Gold Corp, Of Gold Bullion, Other Gold, price, prices, processing, Processing Gold, Processing Gold Bullion, processors, producers, production, Rdquo, Said Chau, Said The Central, Said The Central Bank, Some Experts, Some Gold, state, State bank, Take Effect, Thanh, Thanh nien, The central, The central bank, The domestic, The Domestic Market, The Gap, The Gap Between, The Gap Between Domestic, The market, The Quality, The state, The state bank, Tin Minh, Tin Minh Chau, To Deal With, To Take Effect, workers
Posted in Business | Comments Off
November 21, 2011
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 [...]
Tags: Agent, Country, customers, Environment, Foreign, Foreign Visitors, Ha Long Bay, Ha Long Will, He Said The, heritage, Heritage Site, His Firm, Hoang Viet, Hoang Viet Travel, Hoang Viet Travel Tour, In The Bay, In The World, industry, infrastructure, Ldquo, Ldquo Thus, More Visitors, New Status, New Title, New Title Rdquo, Nguyen, Ninh province, Of Seven New, Of The World, Of Travel Agent, On The Bay, percent, Promote The Image, province, Quang ninh, Quang Ninh Province, Rdquo, Rdquo Hoan, Said ldquo, Said Vietnam, Seven New, Should Focus, Should Focus More, South, South korea, status, Thanh nien, The Bay Has, The country, The Image, The Information, The List, The new, The New Status, The New Title, The tourism, The Tourism Industry, The world, The World Heritage, The World Heritage Site, title, Title Rdquo, tourism, Tourism industry, tours, Travel, Travel Agent, Travel Tour, Travel Tour Said, Viet Travel, Viet Travel Tour, Viet Travel Tour Said, Vietnam, visitors, We Should Focus, We Should Focus More, world, World Heritage, World Heritage Site
Posted in Reports | Comments Off
November 19, 2011
A worker walking a bicycle loaded with construction steel on his way to a construction site in Hanoi The frozen property market and high interest rates have pushed steel producers into the red and some even face the risk of shutting down their business. Pham Chi Cuong, chairman of the Vietnam Steel Association, said [...]
Tags: 000 Tons, 70 Percent, Association, Bank loans, companies, construction, Construction Steel, Cuong, Deal With The, expected, firms, Foreign, Foreign Currencies, General, General director, High interest, High Interest Rates, His Firm, industry, Industry And Trade, Industry Insiders, interest, Interest rates, Last year, Last Year According, Ldquo, loans, losses, makers, market, million, Million tons, Of Industry And, Of Industry And Trade, Of The Vietnam, Of The Vietnam Steel, Per Ton, percent, production, products, property, Property Market, rates, Rdquo, Said His Firm, sales, steel, Steel Association, Steel Billet, Steel Billet And, Steel Firms, Steel Makers, Steel Makers Are, Steel Products, Thanh nien, The association, The Association The, The Difficulties, The Property, The Property Market, The vietnam, The Vietnam Steel, The Vietnam Steel Association, This year, To The Association, To The Association The, Vietnam, Vietnam Steel, Vietnam Steel Association, Year According
Posted in Business | Comments Off
October 17, 2011
Song Da No. 2 construction firm is now implementing the Ban Ve hydropower plant project in Nghe An Province, but the investor is finding it difficult to pay. Complicated capital disbursement procedures have prevented construction firms from reclaiming debts from investors, even years after their projects finish. Vu Tuan Duong, vice general director of construction [...]
Tags: An Province But, An Province But The, Ban Ve, But The Investor, capital, Capital Disbursement, companies, construction, Construction Companies, Construction Firm, Construction Firms, debts, director, Duong, firms, For Their Projects, General, General director, He Said Ldquo, His Firm, His Firm Has, Hydropower Plant, Hydropower Plant Project, Implementing, Implementing The Ban, investor, investors, Is Now Implementing, Is Now Implementing The, Ldquo, Now Implementing, Now Implementing The, Now Implementing The Ban, Pay Construction, Pay Construction Companies, payment, payments, Plant Project, project, projects, Projects Finish, Province But The, Province But The Investor, Rdquo, receive, Receive Payment, Said His Firm, Said His Firm Has, Said ldquo, Song Da, Thanh nien, The Ban, The construction, The Investor, The Investors, The new, The problem, The project, Their Projects, To Pay Construction, To Pay Construction Companies, To Wait For, Ve Hydropower, Ve Hydropower Plant, Ve Hydropower Plant Project, years
Posted in Business | Comments Off
August 20, 2011
Vietnam is a big name in the rubber industry. It is the world’s fourth largest exporter despite being a late entrant into the international market. But Vietnamese firms producing tires and needing latex for other production purposes are facing a shortage of the material and having to import it at higher prices. The increased [...]
Tags: 000 Tons, According, At Higher Prices, buyers, demand, domestic, Domestic Market, Domestic Market Rubber, Each Year, export, firms, From Local Producers, General, higher, Higher Prices, His Firm, import, In The Domestic, In The Domestic Market, In The First, increasing, Latex, Local, Local Consumers, Local Producers, market, Market Rubber, material, Material From Local, Material From Local Producers, Of The Material, Of The Material From, Of This Year, percent, prices, producers, production, Rubber, Rubber Demand, Rubber Worth, supply, Thanh nien, The domestic, The Domestic Market, The Domestic Market Rubber, The first, The international, The Material, The Material From, The Material From Local, The vietnam, The Vietnam Rubber, The world, This year, Vietnam, Vietnam Rubber, Vietnamese, Vietnamese Firms, world
Posted in Business | Comments Off
July 23, 2011
Two policemen are classifying the seized pirated CDs. At the same time, the recording officials said they are fed up with government-issued authenticity stamps which have done little more than proving a financial and logistical burden. Prominent members of Vietnam’s recording businesses are requesting permission to issue their own authenticity stamps. The recording officials say [...]
Tags: And Logistical Burden, artists, Arts And Performance, At The Moment, At The Same, At The Same Time, Authenticity, Authenticity Stamps, Authenticity Stamps Which, Authenticity Stamps Which Have, culture, Culture sports, Culture Sports And, Culture Sports And Tourism, Department, director, Done Little, Done Little More, Done Little More Than, Financial And Logistical, Financial And Logistical Burden, firms, Firms And Artists, Government, Government Issued, Government Issued Authenticity, Government Issued Authenticity Stamps, Have Done Little, Have Done Little More, His Firm, industry, issue, Issue Their Own, Issue Their Own Authenticity, issued, Issued Authenticity, Issued Authenticity Stamps, Issued Authenticity Stamps Which, Little More Than, Logistical Burden, market, Market Flooded, Market Flooded With, members, Of Arts And, Of Arts And Performance, Of Culture Sports, Of Culture Sports And, Own Authenticity, Own Authenticity Stamps, Own Stamps, performance, Pirated, Pirated Copies, producers, Producers Receive, products, Provincial Departments, Recording, Recording Firms, Recording Firms And, Recording Firms And Artists, Recording Industry, Recording Officials, Said That The, Same Time, Sports, Sports And Tourism, stamp, stamps, Stamps Which Have, Stamps Which Have Done, Thanh, Thanh nien, The city, The department, The market, The Moment, The Producers, The Producers Receive, The Recording, The Recording Industry, The Recording Officials, The Same Time, The Stamp, The Time, Their own, Their Own Authenticity, Their Own Authenticity Stamps, Their Own Stamps, They Re, To Issue Their, To Issue Their Own, tourism, Up With Government, Up With Government Issued, Which Have Done, Which Have Done Little, With Government Issued, With Government Issued Authenticity
Posted in Lifestyle | Comments Off
July 10, 2011
Industry stakeholders grapple with falling production, higher costs and low prices Farmers harvest tra fish in the Mekong Delta. A shortage of the fish is expected to recur next month. As many as 147 firms have stopped seafood processing and export to pursue other kinds of business since the beginning of this year, pushed [...]
Tags: 20 Percent, 213 000, 30 Percent, company, costs, Costs Have Increased, Delta:, Early This Year, export, firms, fishing, Have Increased, High Input, High Input Costs, His Firm, In The First, In The Mekong, In The Mekong Delta, increase, industry, Input, Input Costs, Input Costs And, Last year, Many Firms, Many Firms Are, material, Mekong, Mekong delta, month, Next month, Nhuong, Of This Year, Of Tra Fish, Offshore, Offshore Fishing, percent, Percent Over, Percent Over The, Period last, Period last year, prices, processing, production, Raw material, Recur Next Month, Said His Firm, Same period, Same period last, Same period last year, seafood, Seafood Processing, shortage, shrimp, supply, The first, The Increase, The mekong, The mekong delta, The Raw, The Raw Material, The same period, The same period last, The Shortage, The Supply, This year, Tra fish, Vasep, With The Increase
Posted in Business | Comments Off
June 21, 2011
Staff members of a local export company (L) interview candidates for overseas jobs in Hanoi. Nguyen Van Nam has been on tenterhooks for the past week. He has completed most of the procedures for going to work in Taiwan next month, but has not managed to raise enough money to pay for the trip. “Earlier, [...]
Tags: abroad, Access bank, Access Bank Loans, Agriculture And Rural, Agriculture And Rural Development, Airseco, And rural development, Association, Bank For Social, Bank For Social Policies, Bank loans, banks, Cancel Their Trips, capital, Capital Shortage, director, For Social Policies, Foreign, Foreign Employers, Foreign partners, General, General director, Go Abroad, Have Not Been, Have Not Been Able, His Firm, If The Workers, Korea, labor, Laborers, Ldquo, loans, Manpower Supply, million, money, Nguyen, Nguyen van, Nguyen xuan, Not Been Able, Of Agriculture And, Of Agriculture And Rural, Of The Vietnam, Of The Workers, Rdquo, Rural development, Said His Firm, Said ldquo, Social Policies, South, South korea, supply, Taiwan, The past, The vietnam, The Vietnam Association, The Vietnam Bank, The Vietnam Bank For, The Workers, The Workers Are, The Workers Have, Their Trips, This year, To Access Bank, To Access Bank Loans, To Pay For, Vietnam, Vietnam Association, Vietnam Bank, Vietnam Bank For, Vietnam Bank For Social, Work Abroad, workers
Posted in Business | Comments Off
June 1, 2011
Women work at a plastic factory, which makes plastic parts for electronic production, in Que Vo District, outside Hanoi. Constrexim’s main products are interior furnishings like wardrobes, chairs and tables, but the company no longer finds it worthwhile to make them. It has shifted to making semi-finished products, mainly wooden planks, that are sold to [...]
Tags: Bank loans, capital, company, Constrexim, costs, Finished Products, firms, Her Firm, Her Firm Has, High interest, His Firm, His Firm Has, interest, Interest rates, Ldquo, loans, Many Firms, markets, material, Material Costs, materials, New markets, Of The Vietnam, percent, prices, production, products, Rdquo, reduce, reduced, Said Her Firm, Said Her Firm Has, Said His Firm, seeking, Seeking New, Seeking New Markets, Semi Finished, Semi Finished Products, The Biggest, The company, The government, The Government Should, The Rate, The vietnam, tough, Tuan Said His, Tuan Said His Firm, Vietnam, Wood Materials
Posted in Business | Comments Off
April 7, 2011
A worker at a garment factory in Ho Chi Minh City’s District 8. Many garment firms have raised salaries in order to retain workers. An increase in orders and higher export prices have helped garment makers offer better salaries and working conditions, but the sector’s labor shortage shows no sign of easing. Many garment firms [...]
Tags: Average, Average Monthly, Average Monthly Salary, Average Salary, conditions, costs, director, Enough Workers, Export Prices, firms, Firms Have Raised, Firms Have Raised Salaries, garment, Garment Firm, Garment Firms, Garment Firms Have, Garment Firms Have Raised, Garment Workers, garments, Have Increased, Have Raised, Have Raised Salaries, His Firm, Ho Guom, increase, increased, Last year, Ldquo, Many Firms, Many Garment, Many Garment Firms, Many Garment Firms Have, million, Monthly salary, Of Garment Firm, orders, outsourcing, percent, Percent Over, Percent Over The, prices, raised, Raised Salaries, Rdquo, Retain Workers, Salaries, salary, The Average, The Average Monthly, The Average Monthly Salary, The Increase, The Salary, workers, Working, Working Conditions
Posted in Business | Comments Off
