Look At Vietnam

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Foreign firms’ retail rush will lose some steam: trade ministry

December 26, 2008  . Filed under Business, News

Foreign firms’ retail rush will lose some steam: trade ministry

Shoppers at the South Korean-owned Lotte’s first outlet in District 7, Ho Chi Minh City Contrary to expectations, the retail rush investments, as Vietnam opens the sector to wholly foreign-owned companies next year is likely to be a muted affair, says an official of the Ministry of Industry and Trade. The slowdown... Read more

Fortis loses some $412 mln due to suspension of breakup

December 25, 2008  . Filed under International, News

Fortis loses some $412 mln due to suspension of breakup

Belgian-Dutch financial services group Fortis said Wednesday it lost 295 million euros (about 412.35 million U.S. dollars) because of the court-ordered freeze of the sale of its Belgian assets to French bank BNP Paribas. The company said in a statement that it acquired U.S. dollars and pounds sterling on Dec. 8 in preparation for the sale transactions. The money... Read more

For some, progress brings TV but no clinic

December 23, 2008  . Filed under News

For some, progress brings TV but no clinic

Chut children in Rao Tre village of Ha Tinh Province. They no longer live in caves like their forefathers and can get state assistance to go to school. In Vietnam’s central mountainous regions in 1959, the Chut minority lived in caves. Now they have stilt houses and farmland to cultivate. The Chut village of... Read more

Property market to remain stagnant for some time: experts

December 22, 2008  . Filed under Business, News

Property market to remain stagnant for some time: experts

Workers at a construction site in Ho Chi Minh City’s District 1. The local real estate market may need a longer time to recover although there are claims that the process has already begun, experts say. When the property market is in a slump, some brokers often try to attract customers by claiming the market... Read more

End of year ‘thieving season’ not so merry for some

December 18, 2008  . Filed under News, Social

End of year ‘thieving season’ not so merry for some

The coffee garden of Huynh Thi Ha in Song Xoai Commune of Ba Ria-Vung Tau Province has been stripped of its fruit many times this month. Locals say a coffee garden can lose all its fruit in just one night. Students from central Hue Town have been reporting the theft of mobile phones, laptops and bicycles from their boarding houses... Read more

When training turns a barrier to higher education for some

December 7, 2008  . Filed under News, Social

Students from vocational schools still find direct entry to universities difficult to gain mainly because training programs that are supposed to facilitate this have yet to be taken seriously, experts have said. Speaking at a conference in the city on Friday, Pham Xuan Hau, director of Ho Chi Minh City University of Education’s Institute for Educational... Read more

New valuation system to bring tax torment for some

December 3, 2008  . Filed under Business, News

New valuation system to bring tax torment for some

Future residents of this street in Ho Chi Minh City’s District 7 will be paying higher land use taxes under a city government proposal to increase land valuations next year Ho Chi Minh City residents will be burdened with higher land tax bills next year after the government decided to charge more for the city’s improved... Read more

Official: Some 2,000 small Indonesian islands may disappear

November 30, 2008  . Filed under International, News

Official: Some 2,000 small Indonesian islands may disappear

At least 2,000 small islands across archipelagic Indonesia may disappear sooner or later as a consequence of excessive mining and other environment-damaging activities, a senior official said on Saturday. At least 2,000 small islands across archipelagic Indonesia may disappear sooner or later as a consequence of excessive mining and other environment-damaging... Read more

Congress to consider tax increase for some metal resources

November 21, 2008  . Filed under News, Politics

Congress to consider tax increase for some metal resources

VietNamNet Bridge – Starting this morning, the 14th session of the National Assembly Standing Committee will consider and ratify the amended ordinance on taxes on exploitation of natural resources. Some NA deputies warned of overexploitation of metal resources at the 4th NA session.VietNamNet Bridge – Starting this morning, the 14th session of the... Read more

Hanoi: On 5th day, some places still 1m under water

November 4, 2008  . Filed under Uncategorized

Hanoi: On 5th day, some places still 1m under water

VietNamNet Bridge – At 9am Tuesday, Duoi Ca area in Hoang Mai district was still 1m deep in water and the most flooded place in Hanoi. VietNamNet Bridge – At 9am Tuesday, Duoi Ca area in Hoang Mai district was still 1m deep in water and the most flooded place in Hanoi. Some other places were in 0.8m high water. National Highway 21 was in 0.2-0.3m... Read more

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