Posts Tagged ‘ Year According ’

Vietnam New Year shoppers defying central bank spurs inflation 

January 25, 2012
Vietnam New Year shoppers defying central bank spurs inflation 

  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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Vietnam steel sector faces losses amid low sales 

November 19, 2011
Vietnam steel sector faces losses amid low sales 

  A worker walking a bicycle loaded with construction steel on his way to a construction site in Hanoi The frozen property market and high interest rates have pushed steel producers into the red and some even face the risk of shutting down their business. Pham Chi Cuong, chairman of the Vietnam Steel Association, said [...]

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Making the big move 

November 14, 2011
Making the big move 

  A local worker prepares before moving the 1,500 ton Van Linh Pagoda on Cam Mountain in An Giang Province 20 meters backward and simultaneously turning it 90 degrees. They call him a genie, but Do Quoc Khanh waves it off, saying there is no magic to his work. “As soon as all the procedures [...]

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Coffee shippers in Vietnam told to avoid forward sales by state 

October 19, 2011
Coffee shippers in Vietnam told to avoid forward sales by state 

Workers sort through green robusta coffee beans for defects at a processing plant in Ho Chi Minh City. Commodity exchange NYSE Liffe has launched a scheme to grade robusta coffee supplies in Vietnam. Coffee exporters in Vietnam, set to ship a record harvest, are being urged not to sign so-called forward contracts unless they have [...]

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Nigerian gets death for heroin smuggling 

March 25, 2011

  The Ho Chi Minh City People’s Court sentenced a Nigerian man to death and his Vietnamese wife to life imprisonment, on Tuesday (March 22), for transporting heroin from Cambodia to Vietnam. According to the indictment, Michael Ikenna Nduanya, 34, and his 27-year-old wife Nguyen Thi Hai Anh (of the Central Highlands province of Dak [...]

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Vietnam, UK look to sign defense cooperation MoU in 2011 

January 28, 2011

  Vietnam and the UK plan to sign a memorandum of understanding on defense cooperation this year, according to a press release issued Wednesday in Hanoi. The Vietnam – UK 2011 Action Plan was signed by Vietnam’s Deputy Minister of Foreign Affairs, Nguyen Quoc Cuong, and British Ambassador Antony Stokes. Under the plan, direct flights [...]

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Tourism to boom during Christmas, New Year 

December 11, 2010
Tourism to boom during Christmas, New Year 

   Two tourists prepares for kite surfing on a beach of the coastal resort town of Phan Thiet. The tourism industry is projected to generate US$4.6 billion this year, according to local tourist authorities. Travel firms reported an increasing demand for domestic and outbound tours on Christmas and New Year holidays this year. Many cited [...]

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PetroVietnam’s oil output may rise to 16 million tons

November 25, 2009
PetroVietnam’s oil output may rise to 16 million tons

Vietnam Oil & Gas Group, the state- owned oil company known as PetroVietnam, expects production to increase to 16 million metric tons this year after the discovery of new fields. Output has already exceeded its 10-month target, PetroVietnam said in a statement Tuesday. Production in the first 10 months rose 19 percent from a year [...]

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Dengue fever worsening in Mekong Delta

November 1, 2009
Dengue fever worsening in Mekong Delta

Dengue fever continues to infect and kill an alarming number of people throughout the Mekong Delta, with some provinces reporting twice as many cases than they did over the same period last year. Dong Thap Province reported Thursday a dramatic increase in the number of dengue fever patients this year – 2,452 so far, 111.6 [...]

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BUSINESS IN BRIEF 20/10

October 20, 2009
BUSINESS IN BRIEF 20/10

Chinese products showcased in Vietnam; HCM City’s CPI rises by 0.15 percent in October; Demand for cement and steel to increase  Ho Chi Minh City’s consumer price index (CPI) rose by 0.15 percent in October over the previous month and 5.87 percent compared with the beginning of the year, according to the city’s Statistics Office. [...]

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Feature

Vietnam, Cuba foreign ministries to bolster ties

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Vietnam’s top diplomat has affirmed that the Foreign Ministry will closely cooperate with its Cuban counterpart to implement the agreements reached by the two...