December 14, 2011
China's Vice President Xi Jinping China’s Vice President Xi Jinping will visit Vietnam on December 20-22, Vietnamnet news web site quoted the foreign ministry as saying Monday. Xi is making the visit two months after Vietnam and China signed an agreement on ground rules to solve sea matters. The agreement was inked during the visit [...]
Tags: China, Of This Year, President, President Xi, This year, To Visit Vietnam, Vice president, Vietnam, Vietnam And China, Visit Vietnam, Xi Jinping
Posted in Politics | Comments Off
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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September 20, 2011
A ship belonging to Vinalines. G overnment inspectors Thursday began investigating fund and property management at leading shipping firm Vinalines, which announced big losses recently.  The 75-day inspection will cover Vinalines’ long term investments initiated between the beginning of 2007 and the end of 2010.  Vinalines will be required to provide clear and adequate answers [...]
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September 3, 2011
A man works at a factory which makes blankets, pillows and mattresses in Ngoc Nu Village, outside Hanoi. The factory had to reduce production this year. Vietnam’s labor market is experiencing yet again its familiar paradox of increasing unemployment and a shortage of workers. The number of people registering for unemployment assistance has increased, while [...]
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Posted in Business | Comments Off
August 27, 2011
People work at a furniture factory outside Hanoi. Many exporters in Vietnam are struggling to survive the difficult times. The global recession and resultant lower purchasing power has caused difficulties for many Vietnamese exporters. It has not helped that their heavy reliance on imported materials, coupled with rising input costs, have made their products less [...]
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August 20, 2011
Vietnam is a big name in the rubber industry. It is the world’s fourth largest exporter despite being a late entrant into the international market. But Vietnamese firms producing tires and needing latex for other production purposes are facing a shortage of the material and having to import it at higher prices. The increased [...]
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August 16, 2011
One-hundred Yuan notes are seen in this picture illustration in Beijing March 22, 2011. China’s long-term plan to cut reliance on investment as a growth engine is clashing with its short-term need for protection against a worsening global outlook. Beijing has made it clear that consumption, not investment, must eventually do more of the work [...]
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August 13, 2011
A vendor sells fruits and vegetables at a local market in Hanoi. As the government starts a new term in office, people are looking for more determined efforts from the government to curb inflation that has hit them hard for several months now. The highest positions in the nation’s governing hierarchy have been filled. The [...]
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July 15, 2011
As inflation slows and liquidity improves, the high dong deposit rates offered by commercial banks could fall slightly in the coming months, Nguyen Thi Mui, a member of the National Advisory Council for Financial and Monetary Policies, tells Thanh Nien Weekly. Thanh Nien Weekly: Firms say that interest rates are too high now at [...]
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Posted in Reports | Comments Off
July 10, 2011
Industry stakeholders grapple with falling production, higher costs and low prices Farmers harvest tra fish in the Mekong Delta. A shortage of the fish is expected to recur next month. As many as 147 firms have stopped seafood processing and export to pursue other kinds of business since the beginning of this year, pushed [...]
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