December 26, 2009
LookAtVietnam – Power generation is set to be a main plank for future Vietnam and Cambodia bilateral cooperation. Under the cooperation agreements signed between the two countries on the occasion of Vietnamese Party General Secretary Nong Duc Manh’s visit to Cambodia last week, Vietnam committed to continue giving its support to Cambodia in power generation, [...]
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September 21, 2009
Treasury bonds were easy to sell in 2005, when this file photo was taken at a Finance Ministry office in Hanoi. The bond market in Vietnam has done an about-face since the heady days of 2008 and will need lots of fixing if capital is to be raised for infrastructure projects and business expansion. Vietnamâs [...]
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September 3, 2009
LookAtVietnam – The increases of US$ deposit and lending interest rates are thought to be the main reasons that US$ bonds are currently unsalable. Banks cannot purchase long-term bonds with short-term capital $100 million worth of one-year bonds were sold in last week’s issuance, but only $47 million worth of two-year bonds and 20 percent of [...]
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September 2, 2009
Transport cost rises will not exceed 15%, says VATA; ACB provides soft loans for rice exporters; Indonesia AirAsia about to operate Jakarta-HCMC direct flights; Vietnam’s exports to the US surge Transport cost rises will not exceed 15%, says VATA Many transport companies are considering increasing transportation costs due to gasoline rising VND1,000 per liter on [...]
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April 28, 2009
As the amount of goods exported to other loyal markets has been decreasing dramatically, Vietnamese companies have decided to boost exports to Japan, taking full advantage of the VJEPA According to the Vietnam Textile and Apparel Association, in the last five years, the turnover of garments exported to Japan has increased by 1.5 times with [...]
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March 28, 2009
First turbine of Buon Kuop hydro-electric power plant put into idle operation; Base interest rate remains unchanged; US$198 million worth of ODA disbursed in first quarter; Construction of highway linking Laos and Vietnam kicked off Construction on Highway 2E linking Laos and Vietnam was launched at a ceremony held on March 26 at the Panghok [...]
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March 28, 2009
The first ever dollar bond auction made a big hit last week and local bankers are expecting larger issuances. According to Hanoi Securities Trading Centre (HaSTC), all $100 million worth of one-year bonds were swallowed by tenders with the ceiling yield of 3 per cent per year. Thirty participating tenders, almost all local banks, posted [...]
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March 26, 2009
Tra fish are harvested in the Mekong Delta. Last year Vietnam shipped around US$200 million worth of tra and dried seafood to Russia The first tra catfish shipments in three months will head to Russia next month, marking a new period for Vietnamese exporters who were banned from the market last year. Deputy Minister of [...]
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March 7, 2009
Vietnam-Spain trade turnover keeps rising; Hungarian businesses keen on Vietnamese market; Group executive appointed Slovakia’s honorary consul general; Vietnam-Laos cross-border payment service launched; Vietnam-Brazil trade turnover on the rise Construction of Phu My 2 IZ kicked offConstruction of the Phu My 2 Industrial Zone (IZ) was kicked off on March 6 in Tan Thanh district, [...]
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February 28, 2009
Luxury imports will be thin on the ground in 2009.LookAtVietnam – Imports into Vietnam will decrease in value this year due to the fall in world prices and local consumption. The Vietnam Industry and Trade Information Centre (VTIC) under the Ministry of Industry and Trade (MoIT) recently anticipated that Vietnamese importers would spend about $76 [...]
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