January 6, 2012
Pledged foreign direct investment into Vietnam fell 26 percent this year through December 15, the Foreign Investment Agency of the Ministry of Planning and Investment said in a e-mailed statement on December 30. Committed investment was $14.7 billion over the period, according to the statement. Disbursed foreign direct investment for the whole of 2011 [...]
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November 25, 2009
Vietnam Oil & Gas Group, the state- owned oil company known as PetroVietnam, expects production to increase to 16 million metric tons this year after the discovery of new fields. Output has already exceeded its 10-month target, PetroVietnam said in a statement Tuesday. Production in the first 10 months rose 19 percent from a year [...]
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November 24, 2009
A pedestrian walks past a Phuong Dong Bank banner. Vietnamâs economy may grow between 7 percent and 8 percent annually from 2011 to 2015, according to a statement on the governmentâs website that cited draft measures from the ministry of planning and investment. The Southeast Asian nation expects the economy to expand 5.2 percent this [...]
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September 30, 2009
A Vietnamese resident tries to get into his flooded house after Typhoon Ketsana swept through Hoi An. Vietnamese Prime Minister Nguyen Tan Dung urged ârapidâ rescue and relief efforts for central Vietnam after Typhoon Ketsana smashed into the coast Tuesday, leaving at least 74 people dead. Local government offices must use all available resources to [...]
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July 31, 2009
The Ministry of Industry and Trade has asked the government to open oil and fuel markets and futures trading to fully-private operators. The government should loosen controls of the industry and move toward a market-based system, Deputy Minister of Industry and Trade Nguyen Cam Tu said in a statement posted on the government website.Vietnamâs Industry [...]
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July 29, 2009
China will cut gasoline and diesel prices from Wednesday by 220 yuan (32.4 U.S. dollars) per ton, or by about 3 percent each, the National Development and Reform Commission (NDRC) announced Tuesday. A staff member works at a gas station in Hefei, capital of east China’s Anhui Province, July 28, 2009.(Xinhua/Li Jian) The retail price [...]
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July 25, 2009
Chevron Corp., the second-biggest US energy company, Mitsui & Co., and Vietnam Oil & Gas Group signed an initial agreement for a US$4 billion project to develop offshore natural-gas fields in Vietnam. Under the non-binding accord, the three companies together with Thailandâs state-controlled PTT Exploration & Production Ltd., will start design work for the project [...]
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July 24, 2009
Southern helicopter firm increases fleet; US consultants for Vung Ang thermo-power plant; Sembcorp to build big township and IP in Vietnam; Shares rise following credit reassurances Vietnam’s Southern Service Flight Company has increased the size of its fleet with a long-range passenger transport helicopter just delivered by Eurocopter, the helicopter manufacturer said in a statement [...]
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July 24, 2009
Vietnamâs Southern Service Flight Company has increased the size of its fleet with a long-range passenger transport helicopter just delivered by Eurocopter, the helicopter manufacturer said in a statement Wednesday. The flight company, SSFC, is a leading helicopter service provider in Vietnam, providing a wide range of helicopter flights for offshore exploration, search and rescue [...]
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July 9, 2009
Vietnamese banks’ total outstanding loans rose 17.53 percent in the six months ending June compared with a year earlier, the central bank said in a statement on its website Tuesday. Credit in the banking system grew 17 percent during the period compared with the end of last year, the State Bank of Vietnam said. Total [...]
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