Look At Vietnam

Tag: ministry

Ministry sets 14 percent growth rate for IT sector

February 6, 2010  . Filed under Uncategorized

Ministry sets 14 percent growth rate for IT sector

LookAtVietnam - The Ministry of Information and Communication (MoIC) has set its highest growth rate target of 14 percent to be reached by 2020. LookAtVietnam - The Ministry of Information and Communication (MoIC) has set its highest growth rate target of 14 percent to be reached by 2020. The sector aims to earn US$50 billion in turnover, of which US$14 billion... Read more

Vietnam domestic flights to cost more

February 6, 2010  . Filed under News, Travel

Vietnam domestic flights to cost more

The Ministry of Transport has suggested higher prices for domestic fights in 2010 in an effort to support the carriers. In a note sent to the Ministry of Finance on Wednesday, the Transport Ministry proposed prices of US$37 for fights shorter than 300 km, $46.75 for flights from 300 km to under 500 km, $64 for flights... Read more

Vietnam ministry says no mobile phone rate cuts before Tet

February 6, 2010  . Filed under News, Social

Vietnam ministry says no mobile phone rate cuts before Tet

The Ministry of Information and Telecommunications said Thursday local wireless carriers are not allowed to lower rates before Tet, the Lunar New Year festival starting next weekend. According to the ministry’s Telecommunications Department, any rate cut by large companies at this point would trigger a price... Read more

Vietnam finance ministry proposes 10.7 pct power hike

February 6, 2010  . Filed under Business, News

Vietnam finance ministry proposes 10.7 pct power hike

The Finance Ministry has proposed a maximum power price hike of 10.7 percent this year, higher than the rates suggested earlier by the Ministry of Industry and Trade. A 10.7 percent increase means production costs will surge by between 0.14 and 3.5 percent, the Finance Ministry said.The ministry also proposed another... Read more

Ninh Thuan wind power plant gets official nod

February 6, 2010  . Filed under Business, News

Ninh Thuan wind power plant gets official nod

A wind power plant in the central province of Ninh Thuan will be officially approved by the Vietnamese government this year. The state-owned power utility, Electricity of Vietnam, has been tasked with preparing a plan for the project that will be submitted to Prime Minister Nguyen Tan Dung by May, a government statement... Read more

Economic blips are no reason to be alarmed

February 6, 2010  . Filed under Business, News

Economic blips are no reason to be alarmed

LookAtVietnam - Vietnam’s industrial and export values slightly declined in January, but economists said the momentum for its economic recovery has been anchored. January’s industrial value dropped 4.6 per cent against December, 2009. The export turnover was down 10.4 per cent month-on-month, the Ministry of Planning and Investment’s (MPI) reported... Read more

The secrets of “Made-in-Vietnam” planes

February 6, 2010  . Filed under Files, In depth

The secrets of “Made-in-Vietnam” planes

An exhibition about the first locally-manufactured aircrafts opened at the Museum for Air Defense and the Air Force on February 2 but are they the first made-in-Vietnam planes? VietNamNet finds out.   The two farmers and their “helicopter”. In 1999 rice grower Le Van Danh and a rubber farmer Tran Quoc Hai, who ran a shop repairing agricultural... Read more

VN to import 260,000 tonnes of salt in 2010

February 5, 2010  . Filed under Business, News

VN to import 260,000 tonnes of salt in 2010

LookAtVietnam – Viet Nam will import 260,000 tomes of salt in 2010, according to the Ministry of Industry and Trade. The price in northern and central provinces is higher, at around VND1 million ($55) per tonne.“This is the commitment of Viet Nam when the country became member of the World Trade Organisation,” affirmed Ngo Chi Dung, head of... Read more

Festival celebrates cashews

February 5, 2010  . Filed under Business, News

Festival celebrates cashews

The first Golden Cashew Festival this March would seek to entrench Viet Nam’s position as the world’s largest exporter and further popularise its produce . . . Currently, the country has a total cashew cultivation area of 450,000ha and about 200 processing factories.The festival will be held in the southern province of Binh Phuoc, the nation’s... Read more

Promised right to home ownership still eludes many overseas Vietnamese

February 5, 2010  . Filed under In depth, Reports

Promised right to home ownership still eludes many overseas Vietnamese

Eighty percent of the four million overseas Vietnamese would like to buy a house in Vietnam, says the head of the HCM Committee for Liaison with Vietnamese Abroad. So why don’t they?  A meeting between HCM City’s officials and overseas Vietnamese. A few days ago, the media reported that since 2005, only 140 Viet Kieu (VK, or overseas... Read more

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