Posts Tagged ‘ The demand ’

Input cost rise makes export growth unprofitable 

October 30, 2011
Input cost rise makes export growth unprofitable 

Foreign visitors examine Vietnamese wood products at an exhibition in Ho Chi Minh City. The demand for garments and woodwork is expected to fall as the global recession continues. Exports are growing and their prices are rising, but a faster rise in input costs is canceling export profits. Exporters worry that the development is expected [...]

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For want of studios 

August 23, 2011
For want of studios 

  Growth of Vietnamese film industry inhibited by lack of production facilities  Crumbled sets at the Hanoi-based Co Loa Studio. Directors said the critical lack of professional studios is hindering the local film industry’s development. If there is one aspect that clearly underlines the state of underdevelopment of Vietnam’s film industry, it is the state [...]

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Build only what you need 

August 5, 2011
Build only what you need 

A man walks past a factory at the Thang Long Industrial Park outside of Hanoi. Vietnam should only build industrial parks when and where they’re needed, Le Quoc Dung, vice chairman of the National Assembly’s Economic Committee, tells Thanh Nien Weekly in an interview. Thanh Nien Weekly: Why are so many industrial parks not full? [...]

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Vietnam banks offer higher dollar rates than allowed 

August 1, 2011
Vietnam banks offer higher dollar rates than allowed 

Dollar loans in Vietnam rose 2.3 percent from May to June Several banks have broken an interest rate cap on dollar deposits in an attempt to attract funds to meet the increasing credit demand. In June, the State Bank of Vietnam lowered the rate cap on dollar deposits from 3 to 2 percent, and cut the limit for [...]

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Interest rates soar, borrower sentiments spiral 

January 1, 2011
Interest rates soar, borrower sentiments spiral 

A staff member hands stacks of cash to a client at a bank in Ho Chi Minh City. High interest rates have become roadblocks in public access to loans. Ho Anh Thu, an IT engineer in Hanoi, lives in a cramped flat with five other family members on Kim Giang Street. For several months, she [...]

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Labor supply grows faster than demand 

November 21, 2010
Labor supply grows faster than demand 

  The online labor market has seen bigger growth in supply than demand in the third quarter of this year. Supply increased 12 percent over the previous quarter while demand is up only 7 percent. Compared to the same period last year, the third quarter of 2010 saw a 34 percent jump in labor demand [...]

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SBV tightens control over black market, dollar price up

January 29, 2010
SBV tightens control over black market, dollar price up

LookAtVietnam – HCM City’s black market has become more busy than ever, as now is the kieu hoi (overseas remittance) and travel season. The year’s end is always time for overseas Vietnamese to remit money to their relatives so that they can enjoy Tet.  Those who receive kieu hoi sell dollars for dong to make [...]

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Tet 2010: Gift-giving expectations escalate

January 14, 2010
Tet 2010: Gift-giving expectations escalate

LookAtVietnam – Despite the economic downturn, demand for Tet gift-giving to superiors and partners will be the same as 2009. Four retail supermarket chains in HCM City told Saigon Tiep Thi newspaper that they are preparing 620,000 baskets of Tet gifts for Tet 2010 (the Year of Tiger). If they can sell all the gift [...]

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SOCIAL IN BRIEF 10/1

January 11, 2010
SOCIAL IN BRIEF 10/1

Hospitals face serious blood shortage during Tet; HCM City-My Tho highway to open for Tet holidays; HCM City becomes more floral; Illegal gold mining activities suspended; Fund improves personal hygiene   Hospitals face serious blood shortage during Tet A Humanitarian Blood Donation Day was jointly launched in Hanoi on January 9 by the National Institute of [...]

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VNBA terms liquidity problem “seasonal”

December 28, 2009
VNBA terms liquidity problem “seasonal”

LookAtVietnam – The Secretary General of the Vietnam Banking Association (VNBA) claims the liquidity difficulties are temporary. Secretary General Duong Thu Huong, in the interview given to Dau Tu Chung Khoan, stated that the demand for capital always increases in the fourth quarter, when businesses make payments as well as disbursement and clear stocks.  Commercial [...]

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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...