January 9, 2012
Vietnam shipped 7.11 million tons of rice in 2011 Vietnam, the world’s second largest rice exporter, is set to face tough competition from other exporters who offer low-quality varieties at very cheap prices, an industry official said. Rice prices are likely to fall as major exporters have stockpiled a large amount of the grain, Pham Van [...]
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Posted in Business | Comments Off
January 2, 2012
 An apartment project in Hanoi. Many buyers in Vietnam are adopting a wait-and-see approach, hoping prices would slump further. Vietnam’s real estate market is in a funk so bad that several drops in prices have not brought any cheer to buyers. According to the Ho Chi Minh City Real Estate Association, with home prices [...]
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December 30, 2011
US veteran Chuck Palazzo with Vietnamese victims of Agent Orange in Da Nang in central Vietnam. US veteran Chuck Palazzo has spent the past 40 years compensating victims of the Agent Orange he helped spray during his 13 months serving in the Vietnam War. Palazzo arrived in Da Nang in central Vietnam in 1970 as [...]
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Posted in Reports | Comments Off
December 21, 2011
US veteran Chuck Palazzo with Vietnamese victims of Agent Orange in Da Nang in central Vietnam. US veteran Chuck Palazzo has spent the past 40 years compensating victims of the Agent Orange he helped spray during his 13 months serving in the Vietnam War. Palazzo arrived in Da Nang in central Vietnam in 1970 as [...]
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November 23, 2011
A bar association in the central province of Khanh Hoa has asked local police to investigate accusations that a lawyer has accepted bribes to help a man escape a jail term for theft, a local judge said Monday. Nguyen Anh, judge of Nha Trang Town People’s Court, told the press that Khanh Hoa’s Bar [...]
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November 21, 2011
Bao Tin Minh Chau gold bars are displayed for sale at a gold shop in Hanoi Experts say gold buyers may fall victim to new restrictions planned for the bullion market, with concerns rising over potential monopolistic control. Dinh Nho Bang, vice chairman of the Vietnam Gold Traders Association, said the plan to reduce [...]
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November 19, 2011
A worker walking a bicycle loaded with construction steel on his way to a construction site in Hanoi The frozen property market and high interest rates have pushed steel producers into the red and some even face the risk of shutting down their business. Pham Chi Cuong, chairman of the Vietnam Steel Association, said [...]
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November 14, 2011
A car factory of Truong Hai, a member of the Vietnam Automobile Manufacturers' Association. The Vietnam Automobile Manufacturers’ Association is opposing a ministeral decision that allows local car maker Hyundai Thanh Cong to import auto frames at lower tariffs than usual. According to the association, also known as VAMA, the Ministry of Science and Technology [...]
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October 16, 2011
Many banks are facing liquidity problems The Vietnam Banks Association plans to propose a lower deposit interest rate ceiling of 13.5 percent for large banks, saying it would help small lenders. All banks in Vietnam are now subject to the same deposit ceiling of 14 percent, which industry insiders say would hurt small banks in the long [...]
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October 16, 2011
The medical tourism market in South Korea is expected to grow around 30 percent during 2010-2012, according to a study from RNCOS, a global market research and information analysis company A robotic operation performed at the Wonkwang University Hospital on September 29, 2011 Clean, modern facilities, and a warm welcome greet patients at several [...]
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Posted in Health | Comments Off
