Posts Tagged ‘ subsidies ’

House committee wants loan subsidies to end as planned

October 21, 2009
House committee wants loan subsidies to end as planned

A worker at Thai Tuan textile factory. Only 20 percent of businesses have benefited from the loan subsidy program, a parliamental report said. The Vietnamese government’s interest rate subsidy program should end this year as planned to prevent an imbalance of payments, said the National Assembly Finance and Budget Committee. The committee said in its [...]

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Gov’t plans to lift minimum wage to $40 a month in May

September 4, 2009
Gov’t plans to lift minimum wage to $40 a month in May

LookAtVietnam – The Ministry of Finance plans to raise the minimum wage from the present VND650,000 to VND730,000 (US$40.50) a month in May next year, The Ministry of Finance plans to raise the minimum wage from the present VND650,000 to VND730,000 a month in May next year.The Deputy PM called on the Ministry of Labour, [...]

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Advertising regulator says city ban on bus ads uncalled for

August 6, 2009
Advertising regulator says city ban on bus ads uncalled for

A bus in Ho Chi Minh City with a hoarding that promotes helmet wearing on its side Vietnam’s advertising regulator said a ban on advertisements on public buses in Ho Chi Minh City, which came into effect in mid June, does not comply with state regulations. Ninh Thi Thu Huong, head of the advertising management [...]

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G8, G5 leaders to agree to finish Doha talks next year

July 8, 2009
G8, G5 leaders to agree to finish Doha talks next year

Leaders of the Group of Eight (G8) and Group of Five (G5) are expected to agree here at their summit to conclude the eight-year Doha round of trade talks next year, according to a draft communique obtained by Xinhua. “Leaders commit to reaching an ambitious and balanced conclusion to the Doha round in 2010, consistent [...]

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US launches investigation of alleged subsidies to VN plastic bag exports

June 24, 2009
US launches investigation of alleged subsidies to VN plastic bag exports

LookAtVietnam – The US Department of Commerce’s upcoming decision on plastic bag imports will significantly impact Vietnam’s exports to the US. Miller & Chevalier law firm senior lawyers Jay Eizenstat and John Magnus talked about this case.   Mr Jay Eizenstat & Mr John Magnus VietNamNet Bridge – A pending US Department of Commerce (DoC) decision on [...]

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Firms look on nervously at DoC

June 24, 2009
Firms look on nervously at DoC

LookAtVietnam – The US Department of Commerce’s upcoming decision on plastic bag imports will significantly impact Vietnam’s exports to the US. Miller & Chevalier law firm senior lawyers Jay Eizenstat and John Magnus talked about this case.   Mr Jay Eizenstat & Mr John Magnus LookAtVietnam – The US Department of Commerce’s (DoC) upcoming decision on plastic [...]

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Subsidies won’t keep wheels going round

May 20, 2009
Subsidies won’t keep wheels going round

LookAtVietnam – In the late afternoon on a rainy day, 52 year-old Le Van Thien struggled to load a large cupboard from a furniture workshop onto his self-modified, three-wheeled vehicle. He then delivered it to a customer for the workshop. Subsidises are not enough to ensure three-wheeled vehicles owners’ future livelihoods. It would be much [...]

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Scam artists, brokers take hefty slice of fishing fuel subsidy

April 14, 2009
Scam artists, brokers take hefty slice of fishing fuel subsidy

Fishing boat owners of Hamlet 6 in Song Doc discuss how more than 300 vessels in the hamlet received a fuel subsidy when only 60 were eligible Fishermen in Ca Mau Province at Vietnam’s southern tip are complaining that much of the public money meant to subsidize their fuel costs last year wound up in [...]

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National Assembly needs to know where money is flowing

April 13, 2009
National Assembly needs to know where money is flowing

In discussing effects of the interest rate subsidy stimulus package, some economic experts suggested that the National Assembly should supervise the flow of money and the reform and improvement of the monetary control ability of the State Bank of Vietnam in the long run. Dr. Dinh Van An, Director of the Central Economic Management Institute The [...]

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Protectionist measures cause alarm

April 11, 2009
Protectionist measures cause alarm

LookAtVietnam – Rising trade protectionist measures will have adverse impacts on Vietnam’s exports and domestic production. Many Vietnamese sectors are reliant on hard-fought access to foreign markets.LookAtVietnam – Rising trade protectionist measures will have adverse impacts on Vietnam’s exports and domestic production. The World Bank, in a study released last month, said that since the [...]

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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...