January 8, 2012
Experts say more should be done to eliminate scam taxis after inspections led to the suspension of eleven firms in HCMC and Hanoi An imitation taxi passes foreign tourists near HCMC’s Ben ThanhâMarket. Experts say Vietnam must do more to eliminate illegal taxis that tarnish the image of major cities. Nguyen Chi Hieu hailed [...]
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October 29, 2011
The famous brand of Phu Quoc fish sauce, which is owned by the Phu Quoc Fish Sauce Association in the Mekong Delta province of Kien Giang, was recently registered by a Hong Kong-based company in China. Vietnamese producers’ associations should register their members’ collective brands overseas as soon as possible to avoid foreign legal battles [...]
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July 16, 2011
Sacombank, Vietnam’s fifth largest partly private lender by assets, has rejected rampant rumors that the bank could be acquired by an investor. The rumors started circulating at the end of last month as more than 25 million STB shares changed hands on the Ho Chi Minh Stock Exchange from June 29 to July 8. [...]
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July 9, 2011
A customer deposits bricks of dong bank notes to a local commercial bank in Hanoi. Bankers said it’s necessary to have many branches to attract more deposits. The central bank is planning to double the minimum capital requirement for bank branches, but small lenders say the new rule would badly hurt their business. According to [...]
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January 31, 2010
Staff members count money at a bank in Ho Chi Minh City. A large number of new bank shares are expected to go on sale this year as commercial banks try to raise capital for meeting higher requirements from the central bank. Listing shares on the countryâs stock market will be the main method to [...]
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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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Posted in Business, News | Comments Off
January 25, 2010
LookAtVietnam – Only half of the enterprises can survive and develop on the market after they register. The figures released annually by the Ministry of Planning and Investment showed that nearly 380,000 businesses had registered by December 31, 2008. With 83,000 businesses registered in 2009, the number had risen to 460,000 by December 2009. If counting [...]
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January 20, 2010
LookAtVietnam – MPI forecasts FDI will increase slightly to 10 percent in 2010 over the previous year and is estimated to reach $22-25 billion. Bui Quoc Trung, FIA deputy director The information was released by Bui Quoc Trung, FIA deputy director on January 18 at the press conference announcing the 2009 Golden Dragon Awards.FIA believes [...]
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January 12, 2010
The latest inspection by the Ministry of Information and Communication has found that 90 percent of prepaid mobile phone subscribers have registered SIM cards with incorrect personal information. Following the investigation, the ministry has fined agencies of mobile phone operators VND1 billion (US$54,156) for violations including registering cards in the names of their customers, or [...]
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Posted in News, Social | Comments Off
January 11, 2010
LookAtVietnam – Multi-billion dollar foreign-invested power projects are anticipated to be a shining light in Vietnam’s 2010 foreign direct investment picture. LookAtVietnam – Multi-billion dollar foreign-invested power projects are anticipated to be a shining light in Vietnam’s 2010 foreign direct investment picture. According to the Ministry of Planning and Investment’s (MPI) Foreign Investment Agency (FIA), [...]
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