September 20, 2011
Honda motorcycles are prepared for delivery to customers in downtown Hanoi. Honda is among the foreign investors who are continuing to increase investment in Vietnam. Job generation should not be focus of foreign direct investment (FDI), Nguyen Mai, former vice chairman of the State Commission for Cooperation and Investment, tells Thanh Nien Weekly in [...]
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July 9, 2011
Factory workers change shifts at the Thang Long Industrial Park outside of Hanoi. The government is seeking approval from the National Assembly to suspend tax collection from those with a monthly income of less than VND9 million (US$440). The Ministry of Finance has submitted a proposal on tax breaks that will last through the [...]
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July 4, 2011
There’s not much in the way of good news on the economic front. Clothes on sale at a ÂÂÂshop in Hanoi last week. Vietnam is fighting to beat back raging inflation. Despite repeated revisions of growth and inflation targets, the former downwards and the latter upwards, they are not likely to be met, experts [...]
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June 1, 2011
Economist argues that Vietnam should pursue a slow, holistic approach to solving its economic woes A branch of SeABank in Ho Chi Minh City now offers 14 percent per year on dong deposits. A university professor said a “war” between banks directly led to high interest rates. Interest rates on dong deposits at some [...]
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March 29, 2011
Vietnam aims to keep credit growth at less than 20 percent this year, but the move has hit small businesses hard Small companies in Vietnam struggling with limited capital are facing difficulties in securing loans from banks due to the tight monetary policies implemented by the government, lawmakers say. Cao Sy Kiem, chairman of the [...]
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March 17, 2011
A worker at a plastic product factory in Ho Chi Minh City Local firms struggling to manage soaring input costs and high interest rates will find government support critical for getting through tough times, experts say. However, some of them are worried about the lack of resilience shown by some enterprises which they say does [...]
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December 21, 2009
Vinamilk employees work on a production line. Green enterprises and co-operatives will enjoy tax incentives as the Government seeks to encourage them to use environmentally-friendly technologies. LookAtVietnam – Green enterprises and co-operatives will enjoy tax incentives as the Government seeks to encourage them to use environmentally-friendly technologies, according to the city’s enterprises.They will enjoy a [...]
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December 21, 2009
LookAtVietnam – The 2009 VNR 500 affirms the leading role of SOEs as well as the strong development of private businesses and FIEs. On November 25, 2009, VietNamNet newspaper, in cooperation with Vietnam Report Company, released the 2009 VNR 500 report, ranking the top Vietnamese 500 enterprises. SOEs still have low efficiency level Vietnam had 5,600 SOEs [...]
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November 11, 2009
Questions are mounting following water discharged from the reservoir of Ba Ha hydro-power plant after typhoon Mirinae. The serious floods that followed covered a vast area, causing serious damages to Phu Yen province. The Ba Ha hydropower plant (photo: VNExpress). On November 2, when storm No. 11 or Mirinae hit the central province of Phu Yen, [...]
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November 3, 2009
The groundbreaking ceremony for the Thuong Kon Tum Hydropower Plant project in Kon Tum Province Vast areas of forests are being sacrificed in the central region and the Central Highlands to build hundreds of hydropower plants, and experts are warning of serious environmental and social consequences. A total of 60 large-scale hydropower plants of between [...]
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