Posts Tagged ‘ The fund ’

Foundation says 67 world heritage sites threatened 

October 9, 2011
Foundation says 67 world heritage sites threatened 

A tourist boat sails past the stone islands of Halong Bay in 2007. Growing tourism, lack of resources, neglect and natural disasters pose a threat to the world’s cultural heritage, a private foundation said Wednesday identifying 67 sites in need of preservation. The sites and monuments are found in 41 countries from Peru to Vietnam [...]

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Hanoi officials call for probes into extra fees at schools 

August 30, 2011
Hanoi officials call for probes into extra fees at schools 

Deputy head of Hanoi Department of Education and Training Pham Thi Hong Nga speaks at a Tuesday meeting on illegal collection of extra fees at local schools. Hanoi education officials on Tuesday said many schools in the city have been charging students illegal fees, many of which are disguised as "voluntary" money.   Some fees [...]

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Vietnam to promote apartments, restrict villa projects 

August 22, 2011
Vietnam to promote apartments, restrict villa projects 

Vietnam's real estate market will continue to grow in the medium and long term, an official says Vietnam is planning to require residential developers to earmark at least 80 percent of their project sites for apartments, Minister of Construction Nguyen Tran Nam said. The requirement must be met before developers are allowed to build villas [...]

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Saigon Asset to start distressed-assets fund 

July 30, 2011
Saigon Asset to start distressed-assets fund 

  Saigon Asset Management Corp., run by a former managing director of Vietnam’s biggest fund manager, plans to start the country’s first distressed-assets fund as a credit crunch squeezes small to medium-sized firms. Saigon Asset Management will team up with the investment unit of Vietnam Joint-Stock Commercial Bank for Industry & Trade, or VietinBank, the [...]

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Greek finance minister pitches case to US, IMF 

July 26, 2011
Greek finance minister pitches case to US, IMF 

Greek Finance Minister Evangelos Venizelos (pictured) has said that US support is vital for Greece, after a day of Washington meetings as Athens pushed to finalize its second massive international bailout. Greek Finance Minister Evangelos Venizelos has said that US support is vital for Greece, after a day of Washington meetings as Athens pushed to [...]

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Vietnam plans fund to promote tra fish exports 

April 26, 2011
Vietnam plans fund to promote tra fish exports 

Vietnam is the world's largest tra fish (pangasius) supplier The Ministry of Agriculture and Rural Development has proposed creating a new fund to promote and support Vietnamese tra fish exports. Under the plan, tra fish (pangasius) exporters will contribute 1-2 US cents on every kilogram of fish they sell to the fund, which will also [...]

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Price stabilization fund doing its job well: official 

January 28, 2011
Price stabilization fund doing its job well: official 

A gas station in Ho Chi Minh City. Without the price stabilization fund, Vietnam would not have been able to keep fuel prices stable, an official said. The Finance Ministry will soon step up inspections to prevent fuel traders from further misusing the price stabilization fund, Nguyen Tien Thoa, head of the Department of Price [...]

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Fuel firms offset losses with larger withdrawals from price stabilization fund 

January 16, 2011
Fuel firms offset losses with larger withdrawals from price stabilization fund 

Fuel companies have been ordered to keep prices stable The Vietnamese Finance Ministry has allowed fuel traders to draw more money from the national price stabilization fund and instructed them to keep prices stable. Since mid-November, fuel companies have taken VND1,200 from the fund for every liter of gasoline and kerosene sold; and VND1,000 for every [...]

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BUSINESS IN BRIEF 24/1

January 25, 2010
BUSINESS IN BRIEF 24/1

Retail market targets 20% growth for 2010; Coffee prices sink on low demand; Metro Cash&Carry to open 12th center in Vietnam; Farmers to get market data; Ministry project to stabilise rice prices VN food firm forms joint venture for rice export in Cambodia  The Southern Food Corporation (SFC) has established a joint stock company with two [...]

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Dragon Capital denies withdrawal from Vietnam

January 14, 2010
Dragon Capital denies withdrawal from Vietnam

LookAtVietnam – Dragon Capital has denied rumors that it plans to quit Vietnam’s investment markets. Dominic Scriven, Chief Executive Officer of Dragon CapitalOver the last few days the rumor that has served to discouraged Vietnamese investors in the investment business.“We do not have any plans to withdraw capital from Vietnam,” said Dominic Scriven, Chief Executive [...]

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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...