August 13, 2011
Vietnam People's Navy Commander Nguyen Van Hien. The Vietnamese navy is upgrading its capacity with more advanced equipment and devices with peaceful intentions in protecting the country’s sovereignty, Commander Nguyen Van Hien, also deputy minister of the Ministry of Defense, told Thanh Nien. Â Â How do you assess the Vietnam People’s Navy’s current determination and [...]
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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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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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September 29, 2009
While steel imports dropped 36 percent by value to $3.82 billion, by volume purchases rose 1 percent to 7.31 million tons Vietnamâs import decline slowed, indicating its economy is accelerating as companies buy machinery and steel from abroad to fuel production. The trade deficit narrowed. Imports fell 25 percent through September from a year earlier [...]
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July 14, 2009
Commercial banks, after a period of trying to lure more clients to consumer loans, have begun setting additional conditions on loans. A lot of banks are considering loans to fund house purchases as their key productThey have begun to do this since the State Bank of Vietnam announced it would take inspection tours to examine [...]
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June 26, 2009
A worker harvests coffee cherries on a farm in the main coffee-growing area of Dak Lak Province in the Central Highlands. Vietnamâs trade deficit narrowed in the first half, as companies slashed purchases from abroad amid the worst global recession since the Great Depression. The shortfall shrank 85 percent to US$2.11 billion, from $14.39 billion [...]
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March 18, 2009
LookAtVietnam – Cosmetics brought to Vietnam from France, or simply cartons of milk – goods brought across the border for resale are now preferred by consumers, especially young customers. When you type the words ‘ hang rao vat’ (goods brought by travelers) on Google, you would get a lot of answersGoods brought across the border [...]
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March 18, 2009
The Bank of Japan (BOJ) said it may buy subordinated loans from banks for the first time to revive lending and replenish capital depleted by falling stock prices. The central bank is considering the purchase of up to Â¥1 trillion (US$10 billion) of the debt in an âexceptionalâ step, it said in a statement in [...]
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March 16, 2009
VietNamNet Bridge – One billion US dollars has been reportedly poured into ten big projects in the real estate market so far this year. While keeping cautious with funding real estate projects, bankers seem to open their doors widely to welcome individuals who seek loans to purchase houses and apartmentsIn February, Vietcombank lent US $44 [...]
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March 16, 2009
VietNamNet Bridge – As banks’ capital become more profuse, they have been trying to push up consumer credit. Some bankers said that they have pushed up the loaning to fund car purchases since the beginning of 2009, while others said they have been maintaining the loaning since 2008. Lien Viet Bank is providing loans for up [...]
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