January 2, 2012
Vietnam will find it difficult to sustain into the new year the trade deficit reduction that it managed in 2011, given that it plans to reduce import tariffs on many products and that the ongoing global recession could hurt its exports, experts say. Vietnam’s trade deficit narrowed to US$9.5 billion from $12.4 billion in [...]
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December 31, 2011
 The Vietnam National Symphony Orchestra plays at a concert in Hanoi last February Graham Sutcliffe, who has been living in Vietnam for 20 years, is now conductor of the Vietnam National Opera Ballet. Previously, he was the conductor of the Vietnam National Symphony Orchestra in Hanoi and also worked in Ho Chi Minh City. [...]
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December 12, 2011
Many cement firms are deeply in the red after demand has plummeted due to the housing market slump while supply has soared because of the indiscriminate construction of several plants. Le Van Toi, head of the Ministry of Construction’s Construction Material Department, said: “Sales of many kinds of construction materials, including cement, have fallen [...]
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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 [...]
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November 17, 2011
A part of Dung Quat oil refinery in the central province of Quang Ngai. The refinery is the mainstay of the Dung Quat Economic Zone. Coastal economic zones have developed strength in numbers, but failed to pull their weight. They are characterized by sluggish development, low occupancy rates, modest investments and very small contribution [...]
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November 14, 2011
Workers at a ship yard of the Vietnam Shipbuilding Industry Group, or Vinashin. Many in Vietnam hope the government will pursue reforms that are broad enough and deep enough to fix debt-ridden state banks and rein in inefficient state enterprises (SOEs) such as Vinashin, which embarrassingly defaulted last year. After four years of economic instability, [...]
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October 30, 2011
Foreign visitors examine Vietnamese wood products at an exhibition in Ho Chi Minh City. The demand for garments and woodwork is expected to fall as the global recession continues. Exports are growing and their prices are rising, but a faster rise in input costs is canceling export profits. Exporters worry that the development is expected [...]
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October 14, 2011
The central area of Hanoi, which comprises the four downtown districts of Ba Dinh, Dong Da, Hai Ba Trung and Hoan Kiem, has not seen much development over the past few years, a contrast to the fast growth seen at other new urban areas in the capital city. Modernizing central Hanoi while retaining its [...]
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Posted in Reports | Comments Off
September 1, 2011
Residents look at a map of the planned nuclear power plant in Ninh Thuan Province’s Thuan Nam District. After scientists detected new faults near the site, experts have urged that the plans be deferred. Two fault lines hitherto uncovered have provoked myriad calls for Vietnam’s nuclear power plans to be deferred on safety considerations. Serious [...]
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Posted in Sci-Tech | Comments Off
September 1, 2011
The RSS Endurance (207) arrived in Ho Chi Minh City on August 25, 2011. (Photo: Dan Tri) A Singaporean naval ship arrived at a Ho Chi Minh City port Thursday for a five-day friendship visit to the city, newswire Dan Tri reported. Vietnam Navy High Command, Vietnamese Ministry of National Defense’s External Relations Department and [...]
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