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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Posted in Business | Comments Off
October 22, 2011
A girl has a tattoo at Hanoi Tattoo Club The owner of the Hanoi Tattoo Club doesn’t wear a tattoo and usually advises his customers against doing so. Tran Chi Hieu says he personally doesn’t think that tattoo is an art. But the demand for having a tattoo among young people is high, so he [...]
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Posted in Sci-Tech | Comments Off
October 11, 2011
Workers of Taiwanese-owned footwear company Pou Yuen Vietnam Co., Ltd. in Binh Tan District, Ho Chi Minh City, on strike last year. A former official from the Ministry of Public Security says the right to strike needs to be protected by laws in Vietnam. The Law on Demonstration is being drafted by the Ministry [...]
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Posted in Reports | Comments Off
September 11, 2011
Foreign debt accounted for 42.2 percent of Vietnam’s GDP in 2010, up from 39 percent in 2009. Vietnam should focus on decreasing the current account deficit and approaching foreign exchange rate fluctuation with caution, economist Tran Du Lich told Thanh Nien Weekly in an interview. Thanh Nien Weekly: Foreign debt accounted for 42.2 percent of [...]
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Posted in Reports | Comments Off
August 27, 2011
Libyans stand next to a golden sofa with a statue of Aisha, the daughter of Libyan leader Muammar Gaddafi inside her house in Tripoli, August 26, 2011. Libyan rebels said they were closing in on fugitive strongman Muammar Gaddafi and would merge their disparate fighters in the capital under one command to streamline operations. There [...]
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Posted in International | Comments Off
August 13, 2011
After holding steady for months against the dollar, the Vietnamese dong began to show signs of weakening this week The Vietnamese dong has weakened after holding steady for months against the dollar, following a gold hoarding panic over the weekend. Commercial banks lowered the dong against the dollar on Thursday, increasing the exchange rate to [...]
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Posted in Reports | Comments Off
July 2, 2011
Re: “Some good news, finally” (Thanh Nien Weekly Issue No.90 June 17-24) Circular 74, which will allow day trading and shares on margin, is not good news, as your headline loudly proclaims. It portends a disaster that will result from adopting the worst elements of casino capitalism. It also smacks of a failure to [...]
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Posted in Life in Vietnam | Comments Off
June 1, 2011
Economist argues that Vietnam should pursue a slow, holistic approach to solving its economic woes A branch of SeABank in Ho Chi Minh City now offers 14 percent per year on dong deposits. A university professor said a “war” between banks directly led to high interest rates. Interest rates on dong deposits at some [...]
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Posted in Reports | Comments Off
May 16, 2011
Foreign tourists enjoy a sight-seeing cyclo tour in Hanoi (Photo by VnExpress) Hanoi is considering a ban on the slow-moving, open-air pedicabs known as cylcos .  “Cultural leaders say that cyclos add a great deal to the city’s tourism industry but others claim that the vehicles obstruct traffic,” Nguyen Duc Nhanh, director of the Hanoi Police Department, said at a meeting [...]
Tags: cyclo, Cyclos, Hanoi, Nhanh, Pedicabs, The city, The hanoi, We Need
Posted in Travel | Comments Off
March 31, 2011
In a file picture taken on March 23, 2011 Norio Tsuzumi (C-standing), vice president of Tokyo Electric Power Company, and employees bow their heads to apologize to evacuees at a shelter in Fukushima prefecture Japan was Wednesday considering plans to drape shattered nuclear reactor buildings with special covers to limit radiation, and pump contaminated water [...]
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Posted in International | Comments Off
