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
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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
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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
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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 [...]
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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 [...]
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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
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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, [...]
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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, [...]
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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 [...]
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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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