Posts Tagged ‘ The country ’

Vietnam New Year shoppers defying central bank spurs inflation 

January 25, 2012
Vietnam New Year shoppers defying central bank spurs inflation 

  Consumer demand for holiday goods and transportation will grow 10 percent from last year, according to a government forecast that urged authorities to monitor and stabilize prices. Asia’s fastest inflation is the last thing on Tran Hang’s mind as she jostles fellow shoppers at a street stall in Hanoi’s Old Quarter to snap up [...]

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‘Property developers should take long-term view’ 

January 25, 2012
‘Property developers should take long-term view’ 

  Property projects under construction seen from a high-rise building in downtown Ho Chi Minh City Many companies in Vietnam were dealt a harsh blow by the real estate market slump last year. Singapore property developer Keppel Land, though not completely untouched, has weathered the downturn well. Linson Lim, President of Keppel Land Vietnam, is [...]

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‘Property developers should take long-term view’ 

January 25, 2012
‘Property developers should take long-term view’ 

  Property projects under construction seen from a high-rise building in downtown Ho Chi Minh City Many companies in Vietnam were dealt a harsh blow by the real estate market slump last year. Singapore property developer Keppel Land, though not completely untouched, has weathered the downturn well. Linson Lim, President of Keppel Land Vietnam, is [...]

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City welcomes Year of the Dragon with special flower street 

January 20, 2012
City welcomes Year of the Dragon with special flower street 

  The Tet flower road will return to Vietnam’s Ho Chi Minh City this Friday, highlighted by a giant dragon blowing blooms, as the city starts celebrating the Year of Dragon. With the Lunar New Year starting Monday next week, work to transform Nguyen Hue Street into a street of flowers began on January 10. The 12 meter long, [...]

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Overseas Vietnamese warn about brain drain due to indifference to science 

January 16, 2012
Overseas Vietnamese warn about brain drain due to indifference to science 

  Many overseas Vietnamese scientists have been returning to the country in recent years to work in education and research, and they are troubled by the indifference shown towards both pure science and their return. Educational institutions needed to be more enthusiastic about pure science or the country would suffer a severe brain drain that could last for a [...]

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Monsanto’s GM crop debate reopens Agent Orange wounds 

January 16, 2012
Monsanto’s GM crop debate reopens Agent Orange wounds 

  Activists are unhappy that a company that profited once by maiming Vietnamese civilians is allowed to profit again in the country 18-year-old Thang, believed to be an Agent Orange victim according to locals who know his mother, waits for customers at a market in Hanoi on January 9. It would be ironic if Vietnam [...]

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Vietnam 2015 coal output to rise to 55-58 mln tons: gov’t 

January 14, 2012
Vietnam 2015 coal output to rise to 55-58 mln tons: gov’t 

  Vietnam aims to raise its coal output to 55-58 million tons in 2015 from an estimated 48.9 million tons this year in an effort to meet demand for fast-growing electricity production, the government said. Output is projected to rise to more than 75 million tons by 2030 thanks to the exploitation of new sites, [...]

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Vietnam banking sector set for surge in M&A activity this year 

January 11, 2012
Vietnam banking sector set for surge in M&A activity this year 

  An upswing in mergers and acquisitions in the banking system will occur this year, bringing the number of banks in Vietnam to below 30, the Dau Tu (Investment) newspaper has reported, citing experts. Economist Nguyen Tri Hieu said there will be a strong M&A wave in the sector as many lenders are looking for [...]

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Vietnam PM admits interest groups sway policymaking 

January 9, 2012
Vietnam PM admits interest groups sway policymaking 

  A man (L) stands in front of an ATM while a homeless man sleeps in front of an advertisement on a street in Hanoi January 3. Prime Minister Nguyen Tan Dung has acknowledged the surging influence interest groups have on the policymaking process, calling for increased transparency to tackle the issue. Prime Minister Nguyen [...]

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Vietnam did not invade, but revived Cambodia: Hun Sen 

January 9, 2012
Vietnam did not invade, but revived Cambodia: Hun Sen 

  Genocidal Khmer Rouge regime was backed by the US in ‘shameful foreign policy episode’ The skulls of Khmer Rouge victims are displayed in a memorial to the genocide at the Killing Fields Museum outside of Phnom Penh, Cambodia. Cambodian Prime Minister Hun Sen said Vietnam had saved his country in the 1970s, not invaded [...]

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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...