January 15, 2011
A Vietnamese paratrooper Regiment C16 at a practice session on September 17, 2010. Regional defense experts argue that Vietnam’s recent weapons upgrades do not demonstrate participation in a regional arms race. Last year, Vietnam acquired new frigates, multi-role jet fighters, Kilo-class submarines and anti-shipping missiles. Foreign experts argue that the move is purely defensive. “Vietnam [...]
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Posted in Politics | Comments Off
February 5, 2010
LookAtVietnam – Buying Tet gifts online has become an increasingly popular choice in Vietnam – especially with office workers. Wanting to purchase small gifts for friends on the occasion of the Lunar New Year, Quynh, an officer of a media company, turned to a sales website. Quynh quickly saw a lot of attractive offers for [...]
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Posted in Business, News | Comments Off
February 2, 2010
LookAtVietnam – It seems that the number of Viet Kieu who plan to buy houses in Vietnam this year is rather modest. Officially, only ten Viet Kieu bought houses here last year According to the HCM City Committee for Overseas Vietnamese, a lot of Viet Kieu, especially Viet Kieu from the US and Western Europe, have come recently [...]
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Posted in In depth, Reports | Comments Off
February 1, 2010
LookAtVietnam – Many are offering gilded and silver-plated dollar bank notes on the Internet, attracting special attention from the public. The new fashion is to “li xi” people with special bank notes, making the recipients feel happier and luckier on New Year. Those who give the special money also show that they are “connoisseurs.” The two [...]
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Posted in Business, News | Comments Off
January 29, 2010
LookAtVietnam – HCM City’s black market has become more busy than ever, as now is the kieu hoi (overseas remittance) and travel season. The year’s end is always time for overseas Vietnamese to remit money to their relatives so that they can enjoy Tet. Those who receive kieu hoi sell dollars for dong to make [...]
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Posted in Business, News | Comments Off
January 27, 2010
LookAtVietnam – People will have their foreign currencies temporarily seized if they sell money to gold shops, the State Bank of Vietnam has warned. The demand for selling and purchasing foreign currencies is increasing in the kieu hoi (overseas remittance) season. People don’t want to sell kieu hoi to banks, why? Overseas remittance service companies all [...]
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Posted in Business, News | Comments Off
January 23, 2010
LookAtVietnam – Global investors have registered to purchase more than one billion dollars worth of Vietnam Government bonds. Thoi Bao Kinh Te Vietnam newspaper has quoted its own sources as saying that the volume of bonds global investors have registered to purchase has exceeded one billion dollars which is the amount Vietnam has up for [...]
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Posted in Business, News | Comments Off
January 22, 2010
LookAtVietnam – The world gold price has decreased by 2.3 percent, forcing a domestic price drop to 26.65 million dong per tael. Bar gold prices at 9.45 am of January 21, 2010 stood at 26.55-26.65 million dong per tael (purchase and sale). This represents a sharp fall of 300,000 dong per tael, or 1.1 percent [...]
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Posted in Business, News | Comments Off
January 20, 2010
Deputy Chairwoman of the HCM City People’s Committee Nguyen Thi Hong said Vietnamese made products are always top priority for public spending. Deputy Chairwoman of the HCM City People’s Committee Nguyen Thi Hong In the recent interview with Tuoi tre newspaper, Hong said that since 2001, many legal documents have been released, stipulating that government [...]
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January 15, 2010
LookAtVietnam – A series of illegal foreign exchange points have been punished as part of a cleanup of the black foreign currency market. The State Bank of Vietnam has been urged to take more drastic measures to settle the situation which is considered one of the reasons behind recent problematic currency issues. As a result, black [...]
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Posted in Business, News | Comments Off