Posts Tagged ‘ The current ’

Vietnam hopes to clear UXOs in 100 years 

January 12, 2012
Vietnam hopes to clear UXOs in 100 years 

UXOs found in Quang Tri Province in north-central Vietnam More than one fifth of Vietnam’s total area is contaminated with unexploded ordnance (UXO) and it woud take 300 years to complete decontamination at the current pace, an official said.   However, concerned authorities are looking to reduce the period to 100 years, said major general Pham Quang [...]

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Medvedev unveils Russia reforms 

December 22, 2011
Medvedev unveils Russia reforms 

Russia’s President Dmitry Medvedev makes his annual state of the nation address in the Moscow Kremlin, on December 22. Russian President Dmitry Medvedev on Thursday unveiled political reforms in response to an outburst of protests, but warned that “provocateurs and extremists” were seeking to stir unrest in the country. Two days ahead of a new [...]

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Higher domestic airfares a setback for travel agents 

December 20, 2011
Higher domestic airfares a setback for travel agents 

  Travel agencies already struggling in difficult economic conditions will be hit hard by the latest hike in domestic airfares, industry insiders say. The agencies face both losses on tours already booked and cancellations of bookings because of higher tour prices. In fact, the airfare hike makes foreign tours more attractive to local customers, they [...]

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Hypocrisy proves bipartisan in payroll tax debate 

December 17, 2011
Hypocrisy proves bipartisan in payroll tax debate 

  If you were asked to describe, in 10 words or less, the single issue driving the two major political parties in the US today, I imagine you’d say something like this: Republicans never met a tax cut they didn’t like; Democrats won’t touch entitlement programs, even to make them solvent. Consider, then, the counterintuitive [...]

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Posted in Life in Vietnam | Comments Off

Negative sentiment grows among investors 

December 3, 2011
Negative sentiment grows among investors 

Real estate has regained the top spot as the most attractive sector for private equity investment, Grant Thornton says. Private equity investors’ optimism in the Vietnamese economy has dropped sharply as they continue to worry about inflation, high interest rates and a slowdown in domestic growth, according to Grant Thornton. Negative sentiment toward the economy [...]

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License plate fees to increase in Hanoi 

November 13, 2011
License plate fees to increase in Hanoi 

  License plate fees for cars in Hanoi will increase to up to VND10 million (US$476), five times higher than the current fees, VnExpress quoted Hanoi’s tax agency as saying on Friday. According to the proposal to be submitted for approval at the capital’s lawmakers’ session that will begin on December 7, new fee increases also [...]

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As the curtains come down 

November 7, 2011
As the curtains come down 

  Retired stage artists are happy to be among their own in the autumn of their lives Then and now: Doan Thien Kim with a photograph taken during her heydays as a cai luong artist in HCMC several decades ago Former cai luong (reformed theater) artist Doan Thien Kim, 77, looks sad whenever she receives [...]

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Posted in Reports | Comments Off

Better FDI, not just more, should focus on tech-transfer 

September 20, 2011
Better FDI, not just more, should focus on tech-transfer 

  Honda motorcycles are prepared for delivery to customers in downtown Hanoi. Honda is among the foreign investors who are continuing to increase investment in Vietnam. Job generation should not be focus of foreign direct investment (FDI), Nguyen Mai, former vice chairman of the State Commission for Cooperation and Investment, tells Thanh Nien Weekly in [...]

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Vietnam plans to increase maternity leave to six months 

September 20, 2011
Vietnam plans to increase maternity leave to six months 

  Maternity leave in Vietnam may be extended from the current four months to six months to ensure better care for mother and child, according to a proposal by drafters of the amended Labor Code. Ha Dinh Bon, deputy director of the Legal Department under the Ministry of Labor, War Invalids and Social Affairs, said [...]

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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...