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 25, 2012
Property projects under construction seen from a high-rise building in downtown Ho Chi Minh City Many companies in Vietnam were dealt a harsh blow by the real estate market slump last year. Singapore property developer Keppel Land, though not completely untouched, has weathered the downturn well. Linson Lim, President of Keppel Land Vietnam, is [...]
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January 25, 2012
Property projects under construction seen from a high-rise building in downtown Ho Chi Minh City Many companies in Vietnam were dealt a harsh blow by the real estate market slump last year. Singapore property developer Keppel Land, though not completely untouched, has weathered the downturn well. Linson Lim, President of Keppel Land Vietnam, is [...]
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January 23, 2012
Vietnam’s benchmark stock index on January 19 rose the most in seven months and the currency rallied to a one-month high on speculation the central bank will cut interest rates and limit declines in the dong. The Ho Chi Minh City Stock Exchange’s VN Index climbed 3 percent to 373.43 at the 11 a.m. [...]
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January 23, 2012
Vietnam, the world’s second-largest rice exporter, shipped 184,558 metric tons from the start of the year to Jan. 19, the Vietnam Food Association said in a statement dated January 19. The country, which exported a record 7.11 million tons in 2011, according to the group, may ship as much as 7 million tons in [...]
Tags: 184 558, Million tons, Vietnam
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January 22, 2012
A teenage duck farmer in southern Vietnam has been killed by the bird flu virus this month, a doctor said at a meeting with Ho Chi Minh City Health Department Wednesday. Le Van N. of Hau Giang Province in the Mekong Delta was hospitalized January 10 with high fever and fatigue but died a day [...]
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January 22, 2012
Hoang Thi Tien at a police station. She has been charged with murder after allegedly poisoning her husband and two friends with "heartbreak grass". Police in the northeastern province of Ha Giang on Friday pressed murder charges against a woman who allegedly fatally poisoned her husband and his two friends with a toxic shrub known as [...]
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January 22, 2012
Vietnam will continue to take the US as a leading development partners, Prime Minister Nguyen Tan Dung said Thursday in meeting with John McCain and other US senators on a Southeast Asia visit. He said Vietnam and the US in the coming time need to boost further cooperation in commerce and investment, and asking [...]
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January 21, 2012
The Asia Development Bank (ADB) on Tuesday signed a US$24.8 million support agreement to foster Vietnam’s "inclusive growth" and thus aid further poverty reduction in the country, the bank said in a press release. Through the support agreement, ADB will provide parallel financing to the Poverty Reduction Support Credit framework supported by a number of development [...]
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