Posts Tagged ‘ The Director ’

Couple jailed for robbing foreign tourists in Vietnam metro 

December 31, 2011
Couple jailed for robbing foreign tourists in Vietnam metro 

(R) Nguyen Van Trung, 32, and his girlfriend, 28-year-old Le Thi Hong Linh receive jail terms at a trial in Ho Chi Minh City for robbing a Japanese tourist. A couple was sentenced to a total of four years in jail on Wednesday for robbing a Japanese tourist in Ho Chi Minh City, as travel [...]

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High export taxes may hurt gold production 

February 18, 2011
High export taxes may hurt gold production 

The Bong Mieu gold mine in the central province of Quang Nam. Olympus Pacific's production in Vietnam comes from the Bong Mieu and Phuoc Son properties in the province. Industry insiders fear that a new export tax may drive foreign investors away from Vietnam’s gold production sector, which could send the industry reeling back into [...]

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Interest rates hit 20 percent in Vietnam: report 

February 12, 2011
Interest rates hit 20 percent in Vietnam: report 

Banks are now charging a shocking 19-20 percent interest rate on loans. Banks in Vietnam are setting interest rates on dong loans at a record level of 19-20 percent, similar to the peak seen in 2008, the Tuoi Tre newspaper reported on Friday. The report cited business executives as saying despite expectations that interest rates would [...]

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Developers struggle as market gloom persists 

November 27, 2010
Developers struggle as market gloom persists 

An apartment building in Ho Chi Minh City’s District 7 The real estate market in Ho Chi Minh City has been hit hard by tightened credit access and new regulations that make it more difficult for buyers to sell their homes. The investor of a residential project in Go Vap District has decided to delay [...]

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Overseas Vietnamese remain wary of home purchases in their own names

February 2, 2010
Overseas Vietnamese remain wary of home purchases in their own names

LookAtVietnam – It seems that the number of Viet Kieu who plan to buy houses in Vietnam this year is rather modest. Officially, only ten Viet Kieu bought houses here last year According to the HCM City Committee for Overseas Vietnamese, a lot of Viet Kieu, especially Viet Kieu from the US and Western Europe, have come recently [...]

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Posted in In depth, Reports | Comments Off

Broken bank promises, businesses stuck

February 2, 2010
Broken bank promises, businesses stuck

LookAtVietnam – Businesses are complaining that their business plan have been damaged because banks refuse to provide loans. X., director of a construction company, has paid back his four billion dong debt that just matured. The bank promised to provide another loan, but then refused, even though the new loan would be equal to ¼ [...]

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Interest rate hike looms on the horizon

January 28, 2010
Interest rate hike looms on the horizon

The decision by SBV to maintain the basic interest rate means that the difficulties in capital mobilization will not be improved in the near future.  The basic interest rate for February 2010 will still be eight percent. A joint stock bank director told Dau Tu reporters that the decision was really a surprise to commercial banks. [...]

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Online communities follows tragic missing daughter story

January 28, 2010
Online communities follows tragic missing daughter story

LookAtVietnam – The Vietnam online community is closely following story of a father who set up a website (nguyenminhchau.com) to look for his daughter who has been missing for 15 years.   A photo of the missing girl on the website. Website nguyenminhchau.com includes the information that the girl Nguyen Truong An, born in 1990, the [...]

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Remakes make it big on small screen

January 27, 2010
Remakes make it big on small screen

Despite high ratings, Ngoi nha hanh phuc (Full House) has suffered heavy criticism due to sub-par acting Original screenplays yet to become safe bets for TV serial makers. First, they – foreign productions – were overwhelmingly strong competitors, crushing the domestic industry.National channels VTV and HTV were accused of undermining the growth of the fledgling [...]

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Foreign bosses flee after bad year, leaving workers unpaid

January 24, 2010
Foreign bosses flee after bad year, leaving workers unpaid

Workers at a Malaysian firm in Ho Chi Minh City wait after their boss left Vietnam while still owing them VND100million Pham Thi Trinh, a leather shoe worker in the southern province of Binh Duong, has been at home without work or pay for three months after her South Korean bosses suddenly disappeared towards the [...]

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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...