January 23, 2012
The US Commerce Department said it will investigate U.S. producer complaints that wind-tower manufacturers from China and Vietnam sell their renewable-energy equipment below cost in the US. The Wind Tower Trade Coalition, which includes Broadwind Energy Inc., Otter Tail Corp.’s DMI Industries, a unit of Trinity Industries Inc. and Katana Summit, said competitors from [...]
Tags: Commerce Department, energy, International Trade, International Trade Commission, investigate, Material Injury, Renewable Energy, tower, trade, Trade Commission, Wind Tower
Posted in Business | Comments Off
January 9, 2012
M Nguyen Tan Dung (R) receives Minister of State for the Indian Ministry of External Affairs E. Ahamed. Vietnam occupies a strategic position in India’s “Look East” policy, Indian Minister of State for External Affairs E. Ahamed has told Vietweek in an exclusive interview. India deeply valued Vietnam’s support for the ASEAN region’s closer engagement [...]
Tags: Ahamed, Asean Region, bilateral, Bilateral trade, External Affairs, India, Indian, Ldquo, Of State For, Of The Establishment, region, strategic, Strategic Partnership, The Establishment, The Indian, trade, Vietnam
Posted in Politics | Comments Off
January 3, 2012
Vietnam’s trade deficit narrowed sharply to $9.5 billion in 2011, the lowest level in a decade, government estimates showed Wednesday, though concerns over the country’s economic stability remain. Exports rose 33.3 percent year-on-year to $96.2 billion, while imports were up 24.7 percent to $105.7 billion, the General Statistics Office (GSO) said in a preliminary [...]
Tags: billion, Country, deficit, exports, Exports Rose, goods, Government, inflation, percent, Percent year, The country, The Trade, The Trade Deficit, trade, Trade deficit, Vietnam
Posted in Business | Comments Off
January 2, 2012
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 [...]
Tags: According, billion, Country, deficit, demand, Difficulties, Doanh, Doanh Said Ldquo, economist, Eu And The, expected, export, Export Markets, Export Revenues, firms, Foreign, garment, growth, He Said Ldquo, import, importing, imports, increase, Industry And Trade, large, Ldquo, limit, Limit Imports, lower, Many Products, markets, materials, Next Year, Of Industry And, Of Industry And Trade, Of The Vietnam, On Many Products, orders, percent, production, products, Products And Materials, Products Including, Rdquo, reduce, reduction, Said ldquo, Said Ldquo The, See Slower, See Slower Growth, Slower Growth, Statistics Office, taxes, Technical Barriers, Thanh, Thanh nien, The country, The ministry, The Trade, The Trade Deficit, The vietnam, To Limit Imports, To The Ministry, total, trade, Trade deficit, Vietnam, We Need
Posted in Business | Comments Off
December 31, 2011
Ambassador Andrey G. Kovtun (central) at a Hanoi press conference on December 28 The Russian ambassador to Vietnam said at a press briefing in Hanoi Wednesday that developing relations with Vietnam will be a priority in Russia’s diplomatic policies in Asia in the years to come. Ambassador Andrey G. Kovtun said 2011 was an [...]
Tags: 33 Percent, 60 Percent, Ambassador, Ambassador Andrey, Between The Two, Between The Two Countries, countries, export, Free Trade, Kovtun, percent, Russia, Russia Wants, The Export, The Two Countries, trade, Two Countries, Vietnam
Posted in Politics | Comments Off
December 30, 2011
A Ho Chi Minh City court on Friday sentenced five men to death for joining a 14-strong gang to trade 7 kilograms of heroin. Nguyen Xuan Dan, Vo Anh Tuan, Vo Tien Thang, Luu Hoang Thao and Hoang Phung Bac Son received the death penalty on charges of “illegal trade of drugs.” Truong Van Hoa, [...]
Tags: Death, Drug Dealers, Drugs Rdquo, heroin, In Southern Vietnam, sentenced, Southern Vietnam, trade, Vietnam
Posted in Social | Comments Off
December 30, 2011
Vietnam may need to import US$2.5-billion worth of gold in 2012 Vietnam’s trade deficit could grow again in 2012 after falling 25 percent this year to US$9.5 billion, the trade minister said, adding that the government will continue to tighten control over gold imports. The trade gap narrowed this year after exports surged 33 percent from 2010, [...]
Tags: billion, Billion Worth, deficit, Gold Imports, Government, Hoang Said Vietnam, imports, May Need, Minister, percent, Said Vietnam, The government, The Trade, This year, trade, Trade deficit, Trade Minister, Vietnam, Vietnam May Need
Posted in Business | Comments Off
December 26, 2011
Vietnam may need to import US$2.5-billion worth of gold in 2012 Vietnam’s trade deficit could grow again in 2012 after falling 25 percent this year to US$9.5 billion, the trade minister said, adding that the government will continue to tighten control over gold imports. The trade gap narrowed this year after exports surged 33 percent from 2010, [...]
Tags: billion, Billion Worth, deficit, Gold Imports, Government, Hoang Said Vietnam, imports, May Need, Minister, percent, Said Vietnam, The government, The Trade, This year, trade, Trade deficit, Trade Minister, Vietnam, Vietnam May Need
Posted in Business | Comments Off
December 20, 2011
The Ministry of Public Security’s economic crime department (C46B) on Monday confiscated US$500,000 and more than VND10 billion ($476,190) in an illegal foreign exchange trade busted last month in Ho Chi Minh City. In its report on Tuesday, Tuoi Tre quoted C46B as saying that the money will be submitted to the state budget, while [...]
Tags: 500 000, Bank Account, dollars, exchange, Exchange rate, Gold Shop, Hieu And Hue, illegal, Kim Mai, Kim Mai Gold, Kim Mai Gold Shop, Mai Gold, Mai Gold Shop, Minh Phuc, money, More Than Vnd10, More Than Vnd10 Billion, Sell The Dollars, Than Vnd10, Than Vnd10 Billion, That The Money, The Dollars, The Money, The Trade, To Sell The, To Sell The Dollars, To Send The, trade, Tuoi Tre, Vietnam, Vnd10 Billion
Posted in Social | Comments Off
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 [...]
Tags: 14 Percent, 15 Percent, And World Bank, banking, Banking Sector, Bloomberg, Central bank, Commercial, Commercial joint, Commercial joint stock, Commercial joint stock bank, Consultative, Consultative Group, Control Prime, Control Prime Minister, Control Prime Minister Nguyen, Dong Depreciation, Dung Told The, Dung Told The Consultative, economic, Economic Stability, economy, exchange, financial, Financial Sector, Foreign, Foreign Exchange, Government, group, growth, In 2012 And, inflation, Inflation rate, interest, Interest rates, Is Under Control, Is Under Control Prime, joint, Joint stock, Joint stock bank, Kalra, Ldquo, lower, Minister nguyen, Minister Nguyen Tan, Minister Nguyen Tan Dung, monetary, nation, Nguyen Tan, Nguyen Tan Dung, Nguyen Tan Dung Told, percent, Percent This Year, policies, policy, Prime minister, Prime Minister Nguyen, Prime Minister Nguyen Tan, rates, Rdquo, Resolution 11, Said Vietnam, sector, stability, state, State bank, stock, Stock bank, Tan Dung, Tan Dung Told, Tan Dung Told The, The Banking, The Banking Sector, The central, The central bank, The Consultative, The Consultative Group, The Fastest, The government, The Government Said, The Imf, The Nation, The state, The state bank, The world, The World Bank, The World Bank Said, This year, Told The Consultative, Told The Consultative Group, trade, Trade deficit, Tuesday, Under Control, Under Control Prime, Under Control Prime Minister, Vietnam, world, World Bank, World Bank Said
Posted in Politics | Comments Off
