Posts Tagged ‘ To The Ministry ’

Maintaining trade deficit cut a tough ask 

January 2, 2012
Maintaining trade deficit cut a tough ask 

  Vietnam will find it difficult to sustain into the new year the trade deficit reduction that it managed in 2011, given that it plans to reduce import tariffs on many products and that the ongoing global recession could hurt its exports, experts say. Vietnam’s trade deficit narrowed to US$9.5 billion from $12.4 billion in [...]

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Fuel traders overstate losses, make non-core investments 

December 22, 2011
Fuel traders overstate losses, make non-core investments 

A Petrolimex gas station in Hanoi The Finance Ministry has found that major Vietnamese importers of oil products made smaller losses than they previously reported. Petrolimex, the largest fuel trader with a market share of around 60 percent, had reported losses of VND1.8 trillion (US$85.7 million) in the first six months. However, the actual loss [...]

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Vietnam's power utility has unsafe debt-equity ratio: report 

December 14, 2011
Vietnam's power utility has unsafe debt-equity ratio: report 

Electricity of Vietnam's debt-to-equity ratio is not safe, according to the Ministry of Investment and Planning. Electricity of Vietnam has a debt-to-equity ratio of 4.25, much higher than the average 1.98 for the country’s state-owned enterprises, news web site VnExpress reported Saturday, citing the Ministry of Investment and Planning. The report said that the high ratio [...]

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Glut of coastal economic zones stunts growth 

November 17, 2011
Glut of coastal economic zones stunts growth 

  A part of Dung Quat oil refinery in the central province of Quang Ngai. The refinery is the mainstay of the Dung Quat Economic Zone. Coastal economic zones have developed strength in numbers, but failed to pull their weight. They are characterized by sluggish development, low occupancy rates, modest investments and very small contribution [...]

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Art house rules 

September 5, 2011
Art house rules 

  Vietnamese artists are refusing to accept government awards and fighting amongst each other over nominations Late author Son Nam was nominated for this year National Award but his family has withdrawn his name following a lot of controversy concerning the awards. The family of late writer Son Nam just withdrew his name from the [...]

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Vietnam faces risk of bird flu outbreak in humans: health ministry 

December 16, 2010
Vietnam faces risk of bird flu outbreak in humans: health ministry 

  While no bird flu human case has been recorded over the past eight months in Vietnam, the country is still at high risk of the epidemic among humans, according to the Ministry of Health.   Nguyen Tran Hien, head of the ministry’s National Institute of Hygiene and Epidemiology, said recently that the H5N1 virus has [...]

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Clothing materials stuck at ports awaiting inspection

January 23, 2010
Clothing materials stuck at ports awaiting inspection

LookAtVietnam – Importers are complaining that they are having to wait too long to have clothing material cleared at ports, as examination agencies are under resourced. According to the Ministry of Industry and Trade’s Dispatch 32/2009, import garment products can only get customs clearance after they are examined by agencies to find formaldehyde and amines. The [...]

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BUSINESS IN BRIEF 29/12

December 29, 2009
BUSINESS IN BRIEF 29/12

Rice export hits record high of 6 million tonnes; Retail turnover surges 18.6 percent in 2009; Bank to let loose 60 million share issue   Vietnam’s rice export reached twenty-year record high till the end of December this year, said the Vietnam Food Association (VFA). The nation exported six million tonnes of rice in 2009, earning over 2.4 [...]

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VAMA does not want to reveal car import price

December 16, 2009
VAMA does not want to reveal car import price

LookAtVietnam – Vietnamese automobile manufacturers want to keep the import price a business secret, rather than making the information open to the public. The Vietnam Automobile Manufacturers’ Association (VAMA) has sent a document to the Ministry of Finance, proposing to adjust the requirements on the documents car buyers have to show to management agencies when [...]

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Call for more quality in low-cost houses

December 15, 2009
Call for more quality in low-cost houses

LookAtVietnam – The Ministry of Construction has asked provinces to make inspections on the quality of low-priced houses for workers and students, . . . Nguyen Tran Nam, deputy minister of Construction, said that provincial People’s Committees needed to ensure the quality of these houses and were not allowed to sell poor-quality low-priced houses.Accordingly, 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...