November 16, 2011
A 96-year-old man says he is close to ending a treasure hunt that has lasted well over 50 years Tran Van Tiep, 96, and his youngest son Tran Phuong Hong. Tiep has obtained permission from Binh Thuan Province authorities to search for the 4,000 tons of gold treasure he believed to be hidden in [...]
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November 7, 2011
ACB Club owner Nguyen Duc Kien (L) speaks at VFF's annual general meeting in Hanoi on Friday. The Vietnam Football Federation (VFF) approved the establishment of the Vietnam Professional Football Company (VPF) as a joint stock company (JSC) at the federation’s annual general meeting in Hanoi on Friday. The approval gives in to the demand [...]
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October 29, 2011
Club owners at a meeting early this month. Football club owners want the country’s top-tier V-League and second-tier First Division to be managed by a joint stock company rather than a limited liability one. The club owners strongly disagree with the Vietnam Football Federation (VFF) and the Ministry of Culture, Sports and Tourism who want [...]
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April 27, 2011
Investigators from the Vietnamese Ministry of Information and Communications Tuesday busted a Hanoi-based company spamming thousands of mobile phones with advertisements. Â During the raid, conducted in cooperation with Vietnam Computer Emergency Response Team, investigators found that EMOBI Joint-stock Company in Dong Da District used software to send fortune-telling and gambling related spam messages [...]
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January 1, 2011
Higher Tet bonuses this year could have lower value when buying goods Customers pay for goods at a grocery store in Hanoi. Although bonuses for this Tet are higher, workers are struggling with price hikes. Riding on improved production and trade, businesses in general have promised higher bonuses for the upcoming Tet holiday than [...]
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January 25, 2010
Retail market targets 20% growth for 2010; Coffee prices sink on low demand; Metro Cash&Carry to open 12th center in Vietnam; Farmers to get market data; Ministry project to stabilise rice prices VN food firm forms joint venture for rice export in Cambodia The Southern Food Corporation (SFC) has established a joint stock company with two [...]
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January 23, 2010
New luxury tax for alcohol; Metro Cash & Carry to open 12th center in Vietnam; Local textile, garment firms cooperate to boost expansion Beer and other alcoholic drinks will face a special consumption tax of 45 percent until the end of 2012, the General Department of Taxation has said. According to a note sent by [...]
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Posted in Business, News | Comments Off
January 23, 2010
While property developers from other countries are holding off on investments in Vietnam, Singaporean developers are stepping up their involvement in this country. Singapore real estate investors are very active in VietnamSingapore-based Keppel Land International Limited last week announced it had signed a joint-venture agreement with Tien Phuoc Company to develop an 11 hectare waterfront [...]
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Posted in Business, News | Comments Off
January 16, 2010
Hanoi’s property market will experience a dramatic increase in retail supply, with major shopping centres evolving from old wet markets located on prime patches of land. According to Savills Vietnam’s latest report, Hanoi’s retail space will grow to more than 1 million square metres during the next two years, more than double its current supply, [...]
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January 10, 2010
Milk prices slide, farmers see losses; Overseas remittances down 12.8%, says State Bank; Hanoi to host int’l trade, investment fair; Businesses optimistic about economic development in 2010; Coffee exports hit record high Milk prices slide, farmers see losses Dairy farmers in Ho Chi Minh City’s Cu Chi District January 8 said they have been forced [...]
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Posted in Business, News | Comments Off
