October 25, 2011
Vietnam’s State Securities Commission is working on a plan to merge the nation’s two stock exchanges, according to Tran Dac Sinh, chief executive officer of the Ho Chi Minh City Stock Exchange, the main bourse. The Southeast Asian nation should follow regional neighbors and have only one stock exchange, Sinh said in a telephone [...]
Tags: bourse, Chi minh, Chi minh city, exchange, exchanges, Ho Chi, Ho Chi Minh, Ho Chi Minh City, Main Bourse, Minh city, percent, stock, Stock Exchange, Stock Exchanges, The Ho, The Main, The Main Bourse, Two Stock, Two Stock Exchanges
Posted in Business | Comments Off
October 23, 2011
A traffic jam in Hanoi. The capital city now has nearly 400,000 cars and some four million motorbikes. Cars with five to seven seats are the main instigators of traffic jams and accidents in Vietnam, according to Khuat Viet Hung, head of the Department of Transport Planning and Management at the University of Transport, who [...]
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Posted in Reports | Comments Off
October 15, 2011
Thailand’s premier reassured Bangkok’s 12 million residents over a looming flood crisis, after an evacuation false alarm briefly sparked panic and people stockpiled food and water. Thailand fought to hold back floodwaters flowing towards Bangkok Saturday as a spring tide hindered efforts to protect the city of 12 million people from the kingdom’s worst inundation [...]
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Posted in International | Comments Off
October 15, 2011
Unprecedented move against Chinese contractor not easy, but ‘wise’, local firm says Vietnam’s state-owned Construction Corporation No.1 has decided to end its contract with a Chinese supplier due to poor performance at a major hydropower project in the Central Highlands. Beijing IWHR Corporation was terminated from the contract to supply and install the main [...]
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Posted in Business | Comments Off
October 12, 2011
Two Vietnamese involved in a telecom fraud committed by a British national had their sentences reduced at a Hanoi court Wednesday. A Hanoi court Wednesday reduced jail terms to two Vietnamese citizens involved in a US$1 million telecom fraud, saying they were tools, not accomplices of the main fraudster who managed to escape. The sentences [...]
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September 20, 2011
Cod fish Brás style and chicken barbecued at Lisboa café Lisboa café, the first Portuguese restaurant in Vietnam, opened its doors in Ho Chi Minh City last week. After many years living in Vietnam, Pedro Castelo, a Portuguese man, married a Hanoian woman. Upon settling down in HCMC, Castelo opened a Portuguese restaurant on [...]
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Posted in Travel | Comments Off
August 20, 2011
The Phat Diem Rock Church boasts an impressive mix of Eastern and Western styles Time races by in our busy city lifestyles and visiting historic sites in the countryside is often something we never get around to. I had wanted to visit Phat Diem Rock Church for a long time, and on one especially [...]
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Posted in Travel | Comments Off
August 15, 2011
A photo from news website VnExpress showing a stock investor reacting to a decline in stock prices It’s wrong for the stock market to depend on short-term funds from banks and measures will be taken to help it attract capital on its own, State Bank of Vietnam Governor Nguyen Van Binh said. The banking sector [...]
Tags: All Costs, At All Costs, banking, Banking Sector, Banking System, banks, Binh Said Ldquo, Binh Said Ldquo The, capital, Capital Source, Capital Source For, Capital Source For The, credit, Credit Growth, For The Stock, For The Stock Market, Funds, governor, Ldquo, market, Market Rdquo, Rdquo, Rdquo Binh, Rdquo Binh Said, Rdquo Binh Said Ldquo, Said ldquo, Said Ldquo The, short-term, Source For The, stock, Stock Market, Stock Market Has, The Banking, The Banking Sector, The Banking System, The capital, The governor, The Main, The stock, The Stock Market
Posted in Business | Comments Off
August 9, 2011
50 years after the US began spraying Agent Orange over Vietnam and 36 years after the end of the war, victims suffer as realpolitik considerations offer faint glimmers of hope Teacher Nguyen Ngoc Phuong (C), 31, an Agent Orange victim, walks among other victims during a lesson at a hospice in Vietnam’s Da Nang [...]
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Posted in Reports | Comments Off
June 1, 2011
Economist argues that Vietnam should pursue a slow, holistic approach to solving its economic woes A branch of SeABank in Ho Chi Minh City now offers 14 percent per year on dong deposits. A university professor said a “war” between banks directly led to high interest rates. Interest rates on dong deposits at some [...]
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Posted in Reports | Comments Off
