Vietnamese firms invest in Airbus planes

Date: 25/06/2013

The national flag carrier Vietnam Airlines and the Vietnam Aircraft Leasing Company (VALC) signed a contract in Ha Noi on Friday to buy 30 Airbus planes.

Textile Industry Ready for New Master Plan

Date: 24/06/2013

ietnam now has 5,982 textile enterprises with an abundant labour force with good skills and workmanship. This is a key export industry of Vietnam, contributing 8 percent to the GDP. However, the imbalance in planning is leading to low competitiveness of this industry. With the majority of businesses...

Binh Duong succeeds in boosting exports

Date: 24/06/2013

The southern province of Binh Duong raked in about five billion USD in export revenue in the first five months of this year, a year-on-year rise of 16 percent.

Central bank to slash USD interest rate, raise confidence on VND

Date: 21/06/2013

The State Bank of Vietnam (SBV) said it will slash the deposit dollar interest rates sharply. However, it would keep cautious steps when deciding when and how much to slash the interest rates in order to ensure the liquidity for the banking system.

Chinese plug into local power

Date: 21/06/2013

Chinese investors are getting active in Vietnam’s power sector investment.

Breach of competition law seen in drug market

Date: 20/06/2013

Signs of violation of the Competition Law have emerged in the pharmaceutical market of Vietnam, said Nguyen Phuong Nam, deputy director general of the Vietnam Competition Authority under the Ministry of Industry and Trade.

Viettel to invest in the U.S.

Date: 19/06/2013

This is the first time the Military Telecom Corporation (Viettel) to invest in a developed country.

Vietnam, Italy step up financial ties

Date: 19/06/2013

Vietnamese Deputy Finance Minister Do Hoang Anh Tuan is on a visit to Italy from June 15-20 to seek stronger ties with Italy’s Ministry of Economy and Finance.

Dong/dollar exchange rate to cool down in July

Date: 18/06/2013

The dollar price has been increasing these days because of the slight demand increase. However, the dong/dollar exchange rate is believed to get stabilized by early July 2013.

MOIT to allow more petroleum distributors to join the market

Date: 18/06/2013

Four enterprises, which are private businesses and joint stock companies, have got the licenses from the Ministry of Industry and Trade to operate as the petroleum distributors in the domestic market. The number of the distributors would still be rising.

Red River Delta Focusing on Intensive Industrial Development

Date: 17/06/2013

The Red River Delta region holds a particularly important position and role in national development. Building the Red River Delta region into the country’s economic growth driver of the country is the region’s development objective through 2020.

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