January 6, 2012
To ward off degenerative joint disease, adopt correct postures and avoid strong, sudden movements when working or exercising, especially when carrying, pushing, or lifting heavy loads. As humans advance into old age, wear and tear causes the joints to deteriorate even more than other parts of the body. When they become inflamed and swollen, the [...]
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December 14, 2011
Vietnam's inflation is expected to slow to about 9 percent in 2012 and is under control, Prime Minister Nguyen Tan Dung told the Consultative Group. Vietnam may undermine progress toward economic stability if it loosens monetary policy now, the International Monetary Fund and World Bank said as the nation struggles with the fastest inflation in [...]
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December 9, 2011
A branch of First Commercial Joint-Stock Bank in Hanoi. The bank and two other Vietnamese banks plan to merge to bolster their liquidity. Three Vietnamese banks plan to merge to bolster their liquidity and cut costs as a single entity, the country’s central bank said. First Commercial Joint-Stock Bank, Tin Nghia Commercial Joint-Stock Bank and [...]
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November 26, 2011
An employee at Joint-Stock Commercial Bank for Foreign Trade of Vietnam, or Vietcombank, counts dong bank notes in Hanoi. Vietnam’s central bank unveiled plans to create a three-tiered financial industry dominated by 15 lenders as part of efforts to allay concerns over the nation’s banking system. The country aims to have 15 “big” banks by [...]
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November 1, 2011
State oil and gas group Petrovietnam has bid for $1.5 billion of ConocoPhillips oil assets in the East Sea, a senior Petrovietnam official said on Monday. The Hanoi-based group plans to do its utmost to acquire the assets, Nguyen Tien Dung, Petrovietnam’s Deputy Chief Executive Officer, told Reuters on Monday. “The investment is in [...]
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October 29, 2011
Club owners at a meeting early this month. Football club owners want the country’s top-tier V-League and second-tier First Division to be managed by a joint stock company rather than a limited liability one. The club owners strongly disagree with the Vietnam Football Federation (VFF) and the Ministry of Culture, Sports and Tourism who want [...]
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October 29, 2011
A staff worker at a Masan Mart shop, which is owned by Masan Group. Masan Group Corp., the food, banking and natural-resources company that’s the biggest stock in the Ho Chi Minh City Stock Exchange, said it’s considering listing shares abroad. Masan may sell shares by issuing new stock, depositary receipts, convertible bonds or securities [...]
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October 14, 2011
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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September 22, 2011
Vietnamese Prime Minister Nguyen Tan Dung (R) gestures as he walks with Indonesian President Susilo Bambang Yudhoyono (L) during their meeting in Jakarta on September 14. Indonesia and Vietnam agreed Wednesday (September 14) to establish joint patrols on their maritime border to improve security in the heavily disputed East Sea, which is claimed almost entirely [...]
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September 10, 2011
Vinacafe Bien Hoa Joint-Stock Co., a unit of Vietnam’s second-biggest coffee exporter, said it received a VND1.07 trillion (US$51 million) takeover bid from Masan Group Corp. as it targets increased consumer spending. Masan Consumer Corp., a subsidiary of Masan Group and partly owned by KKR & Co., plans to buy 13.32 million Vinacafe shares [...]
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