Business in brief 7 Oct 2011

Date: 07/10/2011

(Sourced from various news agencies)

PPP projects await private investors: ministry

Date: 07/10/2011

Several public-private partnership (PPP) projects out of a tentative list of 24 ones will be put forth soon to call for private investors, local and foreign alike, the Ministry of Planning and Investment said at a conference here in HCMC yesterday.

Five banks to trade gold bars to ‘stabilise market

Date: 07/10/2011

Asia Commercial Bank, Techcombank, Eximbank, Sacombank and DongA Bank have been authorised alongside Sai Gon Jewelry Co (SJC) to trade in gold bars at quoted global prices in an effort to stabilise the chaotic domestic market for gold.

Indonesia imports 700,000 tonnes more of Vietnamese rice

Date: 05/10/2011

Indonesia has just signed an agreement to import an additional 700,000 tonnes of rice from Vietnam, bringing the total imported volume to 1.2 million tonnes so far this year.

Business in brief 5 Oct 2011

Date: 05/10/2011

(Sourced from various news agencies)

Taiwan investors plan to move to Vietnam

Date: 05/10/2011

A number of Taiwanese enterprises plan to shift their investment to Vietnam, especially the north, said a Taiwanese delegation at the 18th Vietnam-Taiwan trade development conference organized in HCMC yesterday.

Report Provides FDI-domestic Industrial Investment Comparison

Date: 05/10/2011

The figures were announced this month in a preliminary report over the results of a survey on last year’s investment into Vietnam’s industrial sector. The announcement was made by the Foreign Investment Agency, the General Statistical Office under the MPI and the United Nations Industrial Development...

Over 20% of HCMC’s area would be flooded when sea level rising 1 m

Date: 02/10/2011

Viipip.com - In 1st Oct, Institute of Meteorology, Hydrology and Environment (Ministry of Natural Resources and Environment) said it has completed a construction update scenario of climate change and sea level rise in Vietnam.

Socio-economic development focuses on three breakthroughs

Date: 01/10/2011

The five-year socio-economic development plan will focus on achieving breakthroughs three specific areas: completing institutions for a socialist-oriented market economy, training high quality human resources, and improving the transport system and urban infrastructure.

Vietnam urged to step up export of aqua-products, coffee to Germany

Date: 01/10/2011

Vietnam’s export sector holds great potential of meeting high German demand for quality aqua-products and coffee, said the State Secretary at Germany’s Federal Ministry of Food, Agriculture and Consumer Protection.

Cap of 6% imposed on interest rate of one-month deposits

Date: 01/10/2011

The State Bank of Vietnam on Wednesday (28 Sep) issued Circular No. 30/2011, stipulating a maximum interest rate of no more than 6% a year for call deposits or deposits in Vietnam dong with terms less than a month at credit institutions as well as branches of foreign banks effective from tomorrow.

Industrial park boom causes social and environmental problems

Date: 01/10/2011

Many cities and provinces in Vietnam have been racing to build industrial parks (IPs), ignoring land use and environmental issues.

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