Restructuring banking system

Date: 12/11/2011

This is one of the three key tasks in the process of restructuring the national economy.

Vietnam loss-making shipbuilding giant sued in London

Date: 12/11/2011

A Dutch company has filed a lawsuit in a London court, against Vietnam state-owned shipping giant Vinashin, and 21 of its Vietnamese subsidiaries.

Automakers compete in small-car segment

Date: 12/11/2011

Automakers in the country are competing harshly with each other on the small-car market as this segment is contributing a large portion to their sales volumes given the rising trend in compact vehicle consumption in big cities.

School time, work time adjusted to reduce traffic jam in Hanoi

Date: 12/11/2011

The Ha Noi City’s Party Committee has approved a submit from the city People’s Committee to adjust school time as well as work time to reduce traffic jams in the city.

Business in brief 12/11

Date: 12/11/2011

(Source from Agencies)

When airports become golf courses

Date: 12/11/2011

At the time traffic jams and traffic accidents are getting serious in Hanoi and HCM City, the public is surprised when the transport sector announces to building golf courses in the HCM City’s Tan Son Nhat International Airport and in Hanoi’s Gia Lam Airport.

J&J shampoo still sold despite U.S. warning

Date: 08/11/2011

Johnson & Johnson’s baby care products are still displayed on the shelves and consumed at many supermarkets and grocery stores despite the unfavorable information about this producer.

First Solar plan is no shooting star

Date: 08/11/2011

US-backed First Solar’s factory in Ho Chi Minh City will not see the light of day just yet after the firm said it was putting the facility under wraps for the time being.

Kumho Tires mulls US$100 million for expansion

Date: 08/11/2011

Kumho Tires mulls US$100 million for expansion

Business in brief 08 Nov 2011

Date: 08/11/2011

(Sourced from various news agencies)

Income tax to be cut 30% for small business

Date: 08/11/2011

The Government has offered income tax cuts and exemptions in aid of reducing obstacles in production and business activities resulting from the local economic crisis.

Nestle to build $16-million factory

Date: 08/11/2011

Nestle Vietnam has received an investment licence to build a factory in southern Dong Nai province’s Amata Industrial Zone.

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