October 30, 2011
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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August 23, 2011
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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August 5, 2011
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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Posted in Reports | Comments Off
January 1, 2011
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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Posted in Business | Comments Off
November 21, 2010
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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November 2, 2009
LookAtVietnam – Real estate developers believe that the package is not big enough to warm up the real estate market. “The extended short term interest rate subsidy program will not have a big impact on the real estate market,” stated General Director of Dat Xanh Real Estate Company Luong Tri Thin. He noted that [...]
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Posted in Business, News | Comments Off
August 17, 2009
LookAtVietnam – Some joint-stock banks have raised US$ deposit interest rates again since the beginning of August 2009, especially on long-term deposits. The highest US$ deposit interest rate now available is offered by Saigon Bank, at 3.3 percent per annum for 60-month term deposits. The rates offered by the bank for 6- , 9-, 12-month term [...]
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August 6, 2009
The decision by the State Bank of Vietnam to keep the basic interest rate at 7 percent for August has not stopped the race by commercial banks to raise deposit interest rates. The 10 percent deposit interest rate has become more popular as it is being applied by many commercial banks, though the basic interest [...]
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Posted in Business, News | Comments Off
August 6, 2009
Produce exports decline slightly; Major bank bond auction expected soon; Vinh Hoan Corp. tops tra, basa fish exporters; Mekong Delta provinces link up to promote tourism The Hanoi Stock Exchange has announced that it will hold an auction of Vietnam Bank for Social Policies bonds worth 3 trillion VND (roughly 118.12 million USD) on August [...]
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Posted in Business, News | Comments Off
August 5, 2009
VietNamNet Bridge – The Electricity of Vietnam has reported a high volume of power for production in July 2009, suggesting that industrial production has escaped from the standstill and that the national economy is recovering. The Electricity of Vietnam (EVN) on August 4 released a report about the production and supply of power in the [...]
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Posted in Business, News | Comments Off
