January 25, 2012
State-owned shipbuilder Vinashin almost collapsed under debts amounting to US$4.5 billion. Vietnam’s Prime Minister Nguyen Tan Dung told state-owned companies to submit restructuring plans, stepping up a drive to bolster the economy by raising efficiency and competitiveness. Detailed proposals involving steps such as selling stakes to private investors and disposing of non-core businesses must be [...]
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January 25, 2012
Consumer demand for holiday goods and transportation will grow 10 percent from last year, according to a government forecast that urged authorities to monitor and stabilize prices. Asia’s fastest inflation is the last thing on Tran Hang’s mind as she jostles fellow shoppers at a street stall in Hanoi’s Old Quarter to snap up [...]
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January 14, 2012
Vietnam signaled that it may cut policy interest rates to “more suitable” levels after the first quarter and weaken the dong this year as Asia’s fastest inflation eases. “The central bank will adjust policy rates to more suitable levels, aiming to help ease the average level of market interest rates,” central bank Governor Nguyen [...]
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January 11, 2012
Vietnam will adjust policy interest rates to “more suitable” levels after the first quarter and weaken the dong as much as 3 percent this year, central bank Governor Nguyen Van Binh said. “We believe that 2012 will be a hard year, a challenging year for Vietnam’s economy,” Binh said at a conference in Hanoi [...]
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December 23, 2011
The Politburo, Vietnam’s Communist Party decision making body, aims to create a “fair business environment” for entrepreneurs in the country as it recognizes their importance in the economy, according to a resolution on the government’s website. The nation will make socio-economic development plans public and “transparent” to help reduce business risks for entrepreneurs, according [...]
Tags: Business, Communist Party, economic, entrepreneurs, In The Economy, Ldquo, Politburo, Rdquo, The country, The economy, The Nation, The Politburo, Vietnam
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December 22, 2011
Russia’s President Dmitry Medvedev makes his annual state of the nation address in the Moscow Kremlin, on December 22. Russian President Dmitry Medvedev on Thursday unveiled political reforms in response to an outburst of protests, but warned that “provocateurs and extremists” were seeking to stir unrest in the country. Two days ahead of a new [...]
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December 14, 2011
Vietnam's inflation is expected to slow to about 9 percent in 2012 and is under control, Prime Minister Nguyen Tan Dung told the Consultative Group. Vietnam may undermine progress toward economic stability if it loosens monetary policy now, the International Monetary Fund and World Bank said as the nation struggles with the fastest inflation in [...]
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December 12, 2011
There are lessons to be learned from America’s complex relationship with Vietnam. Should we perceive the continued involvement of Americans with Vietnam years after the unpopular war as a massive collective guilty conscience or simply as a fascination with the culture, or perhaps both? Any way we look at the situation, American interests are [...]
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November 16, 2011
Genetically-modified (GM) maize on trial cultivation at a farm in Vietnam. More and more experts are concerned about the harmful consequences of GM crops and Vietnam’s plans to cultivate them on a wide scale. Vietnamese experts are increasingly concerned about genetically-modified (GM) plants that have undergone trials and are about to be cultivated widely. [...]
Tags: consequences, crops, cultivation, Every Crop, experts, Food security, Food Sovereignty, Food Sovereignty And, For Every Crop, genetically-modified, Gm Corn, Gm Crops, Gm Maize, Gm Plants, Gm Rice, Harmful, Harmful Consequences, Ldquo, Local, maize, Mass Cultivation, Modern Varieties, Modified Gm, Nien Weekly, Plant Gm, plants, producers, Rdquo, Rice varieties, Security, Seeds, sovereignty, Thanh, Thanh nien, Thanh Nien Weekly, The Companies, The Harmful, The Harmful Consequences, The Nation, Told thanh, Told thanh nien, varieties, Vietnam, Vietnamese
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November 16, 2011
Vietnam set a schedule for data releases such as bad-debt ratios and Prime Minister Nguyen Tan Dung ordered the publication of a report on state-owned companies’ finances, following calls for more transparency. The State Bank of Vietnam will release banking industry data including the loan ratios and return on equity, as well as figures [...]
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