November 5, 2011
Vietnam’s public debt will probably be higher than estimated, as the Ministry of Finance has missed including in its calculations several kinds of debt related to the government, lawmakers said at the National Assembly’s meeting on Friday. According to the National Assembly’s Finance and Budget Committee, their review showed that the country’s public debt will [...]
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July 24, 2011
Italy will sponsor a program worth US$4.3 million to develop Vietnam’s garment, leather shoes and decoration wood industries, the United Nations Industrial Development Organization (UNIDO) said Friday. Businesses in the three fields will be supported with investments in design technologies, product promotion, marketing campaigns and cost management systems. The three-million-euro program will include the [...]
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February 25, 2011
A man places stacks of dong and US dollar notes inside a bag at a bank in Ho Chi Minh City. The State Bank of Vietnam devalued the dong by 9.3 percent on February 11 in an effort to minimize the gap between the official and black market exchange rates. Following the move, the dong [...]
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January 26, 2010
VN to export 750,000 tonnes of rubber in 2010; Embassy in Germany meets Vietnamese businesses; Hanoi to attract 180 million USD into IZs in 2010 The Vietnam Rubber Association predicted that this year’s total rubber exports will hit 750,000 tonnes, valued at over 1.5 billion USD. The association said that 2010 promises a growing year [...]
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January 20, 2010
LookAtVietnam – MPI forecasts FDI will increase slightly to 10 percent in 2010 over the previous year and is estimated to reach $22-25 billion. Bui Quoc Trung, FIA deputy director The information was released by Bui Quoc Trung, FIA deputy director on January 18 at the press conference announcing the 2009 Golden Dragon Awards.FIA believes [...]
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January 14, 2010
LookAtVietnam – Despite the economic downturn, demand for Tet gift-giving to superiors and partners will be the same as 2009. Four retail supermarket chains in HCM City told Saigon Tiep Thi newspaper that they are preparing 620,000 baskets of Tet gifts for Tet 2010 (the Year of Tiger). If they can sell all the gift [...]
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January 2, 2010
Dang Thanh Tam, head of Saigon Investment Corp. (SGI), holds Vietnamâs largest stock investment portfolio in 2009. Real estate and natural resource investors hold Vietnamâs most valuable stock portfolios, with the countryâs top investor worth over US$700 million. Dang Thanh Tam, head of Saigon Investment Corp. (SGI), topped the list, leaving the second position to [...]
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December 30, 2009
Chief government inspector Tran Van Truyen said on December 29 that inspectors of the Finance Ministry should investigate the huge salary earned by officials of the State Capital Investment Corporation (SCIC). VietNamNet Bridge – The chief government inspector Tran Van Truyen (photo) said on December 29 that inspectors of the Finance Ministry should investigate [...]
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December 27, 2009
Vietnam and Cambodia will facilitate businesses to boost their investment in Cambodia and explore its potentials for home and export markets, said heads of two governments. Vietnamese Prime Minister Nguyen Tan Dung and his Cambodian counterpart Samdach Hun Sen co-hosted Vietnamâs Investment into Cambodia conference Saturday (Dec 26) in Ho Chi Minh City.Dung said Cambodia [...]
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December 17, 2009
LookAtVietnam – Pham Nhat Vuong, with stock assets worth 9,099 billion dong, is now considered the richest stock millionaire in 2009. Pham Nhat VuongThe 41-year old businessman is now also the Chairman of Ukraine’s Technocom Group and Chairman of the Vietnamese Overseas Businessmen Association.Vuong was ranked the second in the 2008’s list of the top [...]
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