September 3, 2011
Inflation is cutting into sales volumes in Vietnam and has hurt consumer confidence, said Darin Williams, the managing director of Nielsen Co. (Vietnam) Ltd., speaking at a meeting in Ho Chi Minh City. Vietnam’s inflation rate reached 23.02 percent in August, the fastest in 33 months and the 12th straight increase in the figure. [...]
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June 1, 2011
A panel of foreign and local experts have called for improved transparency and accountability in Vietnam’s gas and mining sector A copper mine run by the Vietnam Coal and Mineral Industries Group in the north-western province of Lao Cai. An anti-corruption dialogue on May 25 called for improved transparency and accountability in Vietnam’s gas [...]
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February 2, 2010
LookAtVietnam – Leaders of Tien Giang Province committed to create the most favorable conditions for investors to do business in the province. President Nguyen Minh Triet speaks at the conferencePresident Nguyen Minh Triet, who attended the conference, pointed out big opportunities to attract investment that Tien Giang needs to grab. The commercial hub of HCM [...]
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January 31, 2010
Japan will help provide more technical and financial assistance to help Vietnam develop local small and medium businesses that play a key role in the development of supporting industries, a Japanese economist has said. Hirohiko Sekiya, senior economist at the Japan Economic Research Institute or JERI, said the Japanese government has approved a grant of [...]
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January 17, 2010
Workers in a jacket production line at a Huu Nghi Apparel Company factory in HCMC Textile and garment expert says higher labor prices are a phenomenon limited to urban areas of Vietnam. Diep Thanh Kiet, deputy chairman of the Ho Chi Minh City Association of Garments, Textiles, Embroidery and Knitting talks to Thanh Nien Weekly [...]
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January 3, 2010
A view of Le Loi Street in downtown HCMCStanding by her pushcart hawking cassava cakes on Ho Chi Minh Cityâs Bui Thi Xuan Street, Anh laughs when she hears she is in the World Bankâs âmiddle incomeâ bracket.She earns more than VND30 million (US$1,630) a year against Vietnamâs 2008 per capita income of about $1,000, [...]
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January 2, 2010
Hanoi is expected to reach a gross domestic product (GDP) growth of 6.7 percent in 2009. The capital’s economic structure has shifted towards services and industry, with 52.3 percent devoted to services, 41.4 percent industry and construction and 6.3 percent agriculture in 2009. (The 2008 economic structure was 52.1 percent services, 41.4 percent industry and [...]
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December 29, 2009
A demand by float glass producers to slap protective tariffs has come under fire from industries who use the glass as feedstock for their production. They said the measure, the first of its kind since Vietnam joined the World Trade Organization in 2006, would impact their businesses since there are only two float-glass producers in [...]
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December 28, 2009
The Natural Resources and Environment Strategy to 2020 should be approached in accordance with the economy’s operating mechanism, . . . An oil drilling platform off the southern province of Ba Ria-Vung Tau. The 10-year Natural Resources and Environment Strategy to 2020 is of crucial importance as it will affect all other economic industries.He said [...]
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December 28, 2009
LookAtVietnam – Viet Nam may need to start importing coal as early as 2012, three years earlier than expected, to meet its electricity demands. The Viet Nam Coal and Mineral Industries Group (Vinacomin) said it would be able to supply enough coal for the nation’s electricity needs until 2011 but would need to start importing [...]
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