December 21, 2011
The financial crisis in Europe and resultant weaker consumption is posing a great danger to Vietnamese exporters, many of whom have been heavily dependent on the market. Truong Thi Le Khanh, general director of Vinh Hoan Corp., a seafood processor and trader, said shipments to the EU are now on a decline. As the [...]
Tags: buyers, company, crisis, director, Doanh, Europe, European, European Buyers, export, exporters, exports, From European Buyers, General, General director, Khanh, Ldquo, market, Of Vinh Hoan, percent, Percent Compared, prices, products, Rdquo, Rdquo Doanh, Rdquo Doanh Said, Thanh, Thanh nien, The Eu, This year, Truong, Truong thanh, Vietnamese, Vietnamese Exporters, Vinh Hoan
Posted in Business | Comments Off
November 2, 2011
Greek Prime Minister George Papandreou secured the unanimous backing of his cabinet for a referendum on the eurozone debt rescue plan, government spokesman Elias Mossialos said early Wednesday. Greek Prime Minister George Papandreou secured the unanimous backing of his cabinet for a referendum on the eurozone debt rescue plan, government spokesman Elias Mossialos said early [...]
Tags: Bankruptcy Rdquo, cabinet, called, Chief, Country, crisis, Debt Rescue, Debt Rescue Plan, Debt Rescue Plan Government, Early Elections, Early Wednesday, Elias Mossialos, Elias Mossialos Said, Elias Mossialos Said Early, Eurozone, Eurozone Debt, Eurozone Debt Rescue, Eurozone Debt Rescue Plan, George Papandreou, George Papandreou Secured, George Papandreou Secured The, Government, Government Spokesman, Government Spokesman Elias, Government Spokesman Elias Mossialos, Greece, Greek, Greek Prime, Greek Prime Minister, Greek Prime Minister George, His Cabinet, His Cabinet For, Insisted, Ldquo, Minister, Minister George, Minister George Papandreou, Minister George Papandreou Secured, Mossialos, Mossialos Said Early, Mossialos Said Early Wednesday, Of His Cabinet, Of His Cabinet For, On The Eurozone, On The Eurozone Debt, Papandreou, Papandreou Secured, Papandreou Secured The, Papandreou Secured The Unanimous, parliamentary, Parliamentary Group, Plan Government, Plan Government Spokesman, Plan Government Spokesman Elias, political, Prime, Prime minister, Prime Minister George, Prime Minister George Papandreou, Rdquo, referendum, Referendum Ldquo, Referendum Ldquo The, Referendum Plan, rescue, Rescue Plan, Rescue Plan Government, Rescue Plan Government Spokesman, Said Early Wednesday, Secured The Unanimous, Secured The Unanimous Backing, Socialist, Spokesman Elias, Spokesman Elias Mossialos, Spokesman Elias Mossialos Said, The country, The Eu, The Eurozone, The Eurozone Debt, The Eurozone Debt Rescue, The Parliamentary, The Referendum, The Referendum Plan, The Unanimous, The Unanimous Backing, Tuesday, Tuesday Papandreou, Unanimous Backing, Vasso Papandreou, Wednesday
Posted in International | Comments Off
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 [...]
Tags: 20 Percent, 20 Percent Since, 20 Percent Since Early, Association, contracts?, costs, Country, demand, Early This Year, expected, export, Export growth, exporters, exports, firms, Garments And Woodwork, global, Global recession, growth, industry, Input, Input Costs, Ldquo, markets, material, materials, Next Year, Of The Vietnam, Of This Year, orders, percent, Percent Since Early, Percent Since Early This, prices, products, Quality Products, Quality Products With, Rdquo, recession, Said ldquo, seafood, Since Early This, Since Early This Year, Since The Beginning, Thang, Thanh nien, The beginning, The country, The demand, The Demand For, The Eu, The global, The global recession, The sector, The Situation, The vietnam, Their Prices, This year, trade, Vice chairman, Vietnam, Woodwork
Posted in Business | Comments Off
October 18, 2011
The European Union has reaffirmed its commitment to support Vietnam’s economic and social development plan and its reform process as both sides look forward to a new phase in bilateral relations. The assistance will continue focusing on poverty alleviation, reform efforts in the health and justice sector as well as trade-related issues, according to [...]
Tags: Both Sides, continued, Eu And Vietnam, On Both Sides, sides, statement, The Eu, trade, Vietnam
Posted in Politics | Comments Off
September 25, 2011
Vietnam's footwear exports to the EU fell sharply this year Vietnam’s footwear exports to Europe have fallen sharply in recent months even though EU’s antidumping duties on shoe imports from the country expired April 1. Shipments of leather shoes from Vietnam dropped 22.81 percent in terms of value in the first quarter of 2011. But after the antidumping [...]
Tags: antidumping, Antidumping Duties, April, Chinese, Chinese Shoes, duties, exports, footwear, Footwear Exports, Leather, Leather Shoes, Market Share, percent, removal, Same period, Shoe Makers, shoes, Tarriffs, The Antidumping, The Eu, The same period, The Tarriffs, The tax, Vietnam, Vietnam 39, Vietnamese
Posted in Business | Comments Off
September 16, 2011
General view of the European parliament in Strasbourg, eastern France. The European Union moved closer on Thursday to toughening budget rules to punish overspenders after the EU Parliament and governments reached a compromise to prevent future debt crises. Governments that run excessive public deficits could face financial sanctions under the deal, although the measures would [...]
Tags: agreement, Budget Rules, Compromise, Could Face, countries, deficit, Deficits, economic, Economic Governance, Economic Governance Rdquo, European, European commission, European Parliament, European union, finance, Finance Ministers, Governance, Governance Rdquo, Governments, Last year, Ldquo, Ldquo Six, Ldquo Six Pack, Ldquo Six Pack Rdquo, Pack Rdquo, package, Parliament, public, Public Deficits, punish, Rdquo, Rdquo Ldquo, reached, rules, Six Pack, Six Pack Rdquo, The Agreement, The Eu, The european, The European Commission, The European Parliament, The Ldquo, The Ldquo Six, The Ldquo Six Pack, The Parliament, The Rules
Posted in International | Comments Off
September 15, 2011
EU commissioner for Economic and Monetary Affairs Olli Rehn has said eurozone economy was set to come to a “virtual standstill” in the second half of the year, but he assured that Europe would avoid another recession. The eurozone’s runaway debt crisis is dragging down growth, the EU warned on Thursday as finance ministers headed [...]
Tags: Angela Merkel, Another Recession, Assured That Europe, Assured That Europe Would, Athens, Avoid Another Recession, banks, billion, Billion Euro, Central, Central bank, Central banks, Chancellor Angela, Chancellor Angela Merkel, commission, crisis, Debt Crisis, Dollar Liquidity, economic, Economic Report, economy, Economy Was Set, Eu Growth, Europe, Europe Would Avoid, Europe Would Avoid Another, European, European Central, European Central Bank, European commission, European Commission Said, Eurozone, finance, Finance Ministers, forecast, German, German Chancellor, German Chancellor Angela, German Chancellor Angela Merkel, global, Greece, Greek, growth, He Assured, He Assured That, He Assured That Europe, In The Second, In The Second Half, interest, Interest rates, Ldquo, Ldquo Virtual, Ldquo Virtual Standstill, Ldquo Virtual Standstill Rdquo, markets, measures, Merkel, ministers, Of The Year, Of The Year But, Olli Rehn, Over The Summer, percent, Poland, Rdquo, Rdquo Rehn, recession, Report:, rescue, Standstill Rdquo, states, States Over, States Over The, talks, That Europe Would, That Europe Would Avoid, The Debt, The Eu, The european, The European Commission, The European Commission Said, The Eurozone, The second, The Second Half, The Summer, The united, The united states, The year, The Year But, Three, Three Months, Thursday, United states, Virtual Standstill, Virtual Standstill Rdquo, Would Avoid, Would Avoid Another, Would Avoid Another Recession
Posted in International | Comments Off
September 5, 2011
Vietnamese authorities have rejected as "wrong" the accusation by a Britain-based organization that the country has been using illegal timber for furniture exports. The denial was made at a press briefing by officials from the Vietnam Timber and Forest Product Association and Vietnam Administration of Forestry from the Ministry of Agriculture and Rural Development. [...]
Tags: Accusation, Association, Country, exports, firms, Furniture, Furniture Exports, General Secretary, He Said The, illegal, Illegal Timber, In The World, Lao Timber, markets, Of The Timber, Of The Timber Association, Quyen, Said Eia, The Accusation, The country, The Country Has, The Eu, The Timber, The Timber Association, The Timber Association Said, The world, timber, Timber Association, Timber Association Said, Timber Imported, Using Illegal, Using Illegal Timber, Vietnam, Vietnamese, wooden, Wooden Furniture
Posted in Business | Comments Off
August 8, 2011
Local exporters will have to cope with more non-tax trade barriers while other countries try to limit imports and protect production as the global economic recession continues. Deputy Minister of Industry and Trade Le Danh Vinh said trade remedies would be diverse and nuanced as importers impose more barriers relating to quality standards, export [...]
Tags: anti-dumping, barriers, Council, dumping, exporters, exports, Food Hygiene, Food Hygiene And, Food Hygiene And Safety, footwear, Hygiene And Safety, imports, Limit Imports, Of The Vietnam, percent, products, remedies, Remedies Council, seafood, Secretary, Thanh nien, The Eu, The first, The Risk, The Trade, The Trade Remedies, The Trade Remedies Council, The vietnam, timber, To Limit Imports, Tra fish, trade, Trade Barriers, Trade Remedies, Trade Remedies Council, Vietnam, Vietnamese, Vietnamese Tra, Vietnamese Tra Fish
Posted in Business | Comments Off
July 4, 2011
The European Delegation said it will support Vietnam's poverty reduction efforts. The European Delegation to Vietnam has announced a total of 29 million euros (US$41 million) in grants to support poverty reduction efforts in Vietnam. Of this grant, 17 million euros will be used as the final installment of the European Poverty Reduction Support Program, a [...]
Tags: 29 Million, 29 Million Euros, delegation, efforts, Eu Delegation, European, European Delegation, Euros, Firm Intention, Government, Ldquo, Mersch, million, Million Euros, Million Euros Will, Poverty, Poverty Reduction, Poverty Reduction Efforts, Rdquo, reduction, Reduction Efforts, support, The Eu, The european, The European Delegation, The government, Vietnam
Posted in Politics | Comments Off
