Posts Tagged ‘ Since Mid ’

Vietnam taps reserves but dong still likely to slide 

September 9, 2011
Vietnam taps reserves but dong still likely to slide 

  The dong’s chronic weakness has repelled foreign investors and hampered attempts by Vietnam’s policymakers to reverse the faltering fortunes of an economy that only five years ago was one of Asia’s most promising. Until Vietnam rebuilds trust by decisively taming the region’s worst inflation and narrowing sizable trade and budget deficits, the risks of [...]

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Cries of bankruptcy from craft villages

February 26, 2009
Cries of bankruptcy from craft villages

Craft villages are facing extreme difficulties. Many are at the brink of bankruptcy. Local authorities seem to have no solutions to assist them. “In 2007, I had six weaving machines operating and hired 4-5 workers to produce 40m of silk a day. Since mid 2008, I have had to reduce my output. Only I and [...]

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Posted in In depth, Reports | Comments Off

Feature

Vietnam, Cuba foreign ministries to bolster ties

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Vietnam’s top diplomat has affirmed that the Foreign Ministry will closely cooperate with its Cuban counterpart to implement the agreements reached by the two...