December 19, 2011
File photo dated last year shows a man putting gold into a molding machine at the Sacombank gold bar factory in Ho Chi Minh City . All gold bar producers, except SJC, are expected to completely stop bullion production. Huge losses and unemployment for hundreds of workers loom as gold bullion producers prepare to [...]
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November 26, 2011
A worker assembles a new Piaggio at a factory inside the Binh Xuyen Industrial Park in Vinh Phuc Province. Italian group Piaggio inaugurated the vespa factory in 2009. Italy, besides improving cultural cooperation with Vietnam, is seeking ways to boost economic ties with the country. Italian companies are interested in sectors like leather, footwear, [...]
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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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January 1, 2011
Higher Tet bonuses this year could have lower value when buying goods Customers pay for goods at a grocery store in Hanoi. Although bonuses for this Tet are higher, workers are struggling with price hikes. Riding on improved production and trade, businesses in general have promised higher bonuses for the upcoming Tet holiday than [...]
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November 20, 2010
Expert says shipping raw materials would be a waste of national resources Samples of rare earth compounds are displayed in the showroom of a Chinese company. China now ranks first in the world for rare earth mineral reserves while Vietnam has reserves of some one million tons. Vietnam should acquire the technology to process [...]
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November 9, 2010
The red mud lake at the bauxite mining and processing complex in Lam Dong Province Vinacomin, a state-owned mining group, has announced that its bauxite mining and processing complex in the Central Highland province of Lam Dong will begin commercial production this spring. Starting in April, the plant will refine bauxite ore into alumina to be sold to aluminum [...]
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February 5, 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 [...]
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February 5, 2010
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 [...]
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January 26, 2010
VN to export 750,000 tonnes of rubber in 2010; Embassy in Germany meets Vietnamese businesses; Hanoi to attract 180 million USD into IZs in 2010 The Vietnam Rubber Association predicted that this year’s total rubber exports will hit 750,000 tonnes, valued at over 1.5 billion USD. The association said that 2010 promises a growing year [...]
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January 11, 2010
Singapore’s Prime Minister to visit Vietnam; PM promotes strategies for development tasks in 2010; ‘Keep environment clean’: President; Women’s union urged to renew emulation campaigns Singapore’s Prime Minister to visit VietnamSingaporean Prime Minister Lee Hsien Loong will pay an official visit to Viet Nam from January12-15. The visit will take place at the invitation of [...]
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