October 15, 2011
Unprecedented move against Chinese contractor not easy, but ‘wise’, local firm says Vietnam’s state-owned Construction Corporation No.1 has decided to end its contract with a Chinese supplier due to poor performance at a major hydropower project in the Central Highlands. Beijing IWHR Corporation was terminated from the contract to supply and install the main [...]
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November 13, 2009
LookAtVietnam – Importers unable to purchase dollar from banks are complaining they are being forced instead to turn to the expensive black market. Doan Trong Ly, chairman of Aprocimex, said his company needs 4-5 million dollars each month to make payment for imports in the last two months of the year. Ly said in order [...]
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November 6, 2009
Experts are calling for central ministry intervention following a dispute between residents of Phu My Hung and the developers over land use fee. Apartment blocks in Phu My Hung residential area. The conflict broke out on October 9 when hundreds of families signed a complaint against the request for land use fees worth between 500-700 [...]
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September 22, 2009
Steel products are loaded onto a struck at the Phu My Steel Factory Steel sales in Vietnam are set to rise 20 percent to 4.6 million tons this year but the new plants starting up in the final quarter will boost the countryâs 2009 output to 7 million tons, an industry association said. The newcomers [...]
Tags: Cambodia, Chairman, company, His company, million, Million tons, percent, products, Said His Company, sales, steel, Steel Makers, Steel Products, Surplus, This year, Vietnam, Vietnam Steel, Vsa Chairman
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July 27, 2009
LookAtVietnam – Unseasonable rains in the last several months have destroyed most of the salt harvests in the central region, leaving farmers financially vulnerable. Poor harvests have increased the price in the central provinces 1.5 times compared to last year. Nguyen Van Hanh, who owns two ha of fields in Khanh Hoa province’s Ninh Hoa [...]
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June 10, 2009
Vietnam’s toy manufacturers, distributors and retailers are thriving amid the economic downturn as the demand for their products just keeps on growing. Vietnamese wooden toys displayed at a furniture exhibition in Ho Chi Minh City.VietNamNet Bridge – Vietnam’s toy manufacturers, distributors and retailers are thriving amid the economic downturn as the demand for their products [...]
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June 9, 2009
Vietnamese wooden toys displayed at a furniture exhibition in Ho Chi Minh City. Vietnamâs toy manufacturers, distributors and retailers are thriving amid the economic downturn as the demand for their products just keeps on growing. Nguyen Thanh Vu, sales manager at wooden toy and childrenâs furniture manufacturer Nam Hoa Corp., said his companyâs toy exports [...]
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May 16, 2009
Ho Chi Minh City Civil Verdict Enforcement Agency officers on duty at a house in District 3. An impotent Civil Verdict Enforcement Agency leaves creditors in the southland with few choices. A2007 Ho Chi Minh City court decision ordered Cuong Trung Company to pay contractor Do Quoc Phi an interest-inclusive payment of VND312 million (US$17,550) [...]
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April 30, 2009
Foreigners walk past the Saigon Securities Inc. office in Ho Chi Minh City Fund managers are sitting on piles of cash waiting to dive into the slowly warming stock market. Prudential Vietnam Fund Management Co. expects to spend some VND350 billion in cash and convertible bonds on the market this year.The Ho Chi Minh City [...]
Tags: analysts, billion, Chi minh, Chi minh city, Chi Minh City Securities, City Securities, City Securities Corp, City Securities Corp Said, Foreign, Foreign Fund, Fund Managers, group, His company, Ho Chi, Ho Chi Minh, Ho Chi Minh City, Hoa Phat, Hoa Phat Group, managers, market, million, Minh city, Minh City Securities, Minh City Securities Corp, Of The Year, Phat Group, Said His Company, Saigon securities, Saigon Securities Inc, securities, Securities Corp, Securities Corp Said, Securities Inc, steel, stock, Stock Market, The first, The group, The Ho, The Hoa, The Hoa Phat, The Hoa Phat Group, The market, The year, Vietnam
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April 7, 2009
Local exporters say payment risks have become higher as foreign customers find it hard to pay for their orders amid the global downturn. Workers at a production line of a local footwear company in Ho Chi Minh City. Export growth may slow to 13 percent this year from the scorching 29.5 percent in 2008.Nguyen Viet [...]
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