Vietnam Jan-Sep basic macro-economy indices

Date: 01/10/2011

Tuoitrenews briefs some basic macro-economy indices of Vietnam in the first three quarters of this year, with data from the General Statistics Office.

Business in brief 30 Sep 2011

Date: 01/10/2011

(Sourced from various news agencies)

Vietcombank ratings unaffected after Mizuho’s acquisition: S&P

Date: 01/10/2011

Standard & Poor’s Ratings Services said that its ratings – BB-/Negative/B – on Bank for Foreign Trade of Vietnam (Vietcombank) are unchanged following the bank’s capital and business alliance with Mizuho Corporate Bank Ltd.

EVN says to part company with Hiep Phuoc over huge loss

Date: 27/09/2011

Vietnam Electricity Group (EVN) has threatened to break ties with Hiep Phuoc Power Company, saying it has incurred losses of over VND100 billion a month since buying electricity from Hiep Phuoc for consumers in the vicinity.

Enterprises voice complaints against local tax-customs agencies

Date: 27/09/2011

Representatives of many enterprises voiced their complaints to a leader of the Ministry of Finance about the problems over the inaccurate implementation of tax and customs policies in localities, resulting in difficulties in their production and business activities.

Tan Thuan EPZ focuses more on hi-tech sectors

Date: 27/09/2011

Tan Thuan Industrial Promotion Ltd Co., the developer of Tan Thuan Export Processing Zone (EPZ) in District 7, said on Saturday it would focus on attracting hi-tech industries and high-added-value producers in the future.

Business in brief 27 Sep 2011

Date: 27/09/2011

(Sourced from various news agencies)

City’s GDP up 10 percent in nine months

Date: 27/09/2011

Ho Chi Minh City continued to maintain its socio-economic growth despite high inflation and challenges in the first nine months of the year.

FDI disbursement on the rise

Date: 27/09/2011

Disbursement of foreign direct investment (FDI) in the first nine months of this year surged by 1.9 per cent, hitting $8.2 billion, the General Statistics Office (GSO) has announced.

Ha Noi runs up trade deficit in 2011

Date: 22/09/2011

The capital experienced a trade deficit of US$11.23 billion during the first nine months of the year, according to the city’s Statistics Office.

HCM City’s FDI attraction touches nearly $2b in Jan-Sept

Date: 22/09/2011

In the first 15 days of September, HCM City has granted investment license for 239 FDI (foreign direct investment) projects capitalized at $1.778 billion and chartered capital of $456.4 million, decreasing 20 projects but increasing 6.3% in value from the same period last year, HCM City Statistics Bureau...

Vietnam’s secondhand car imports plummet after tax hike

Date: 22/09/2011

Only 199 used cars were imported into Vietnam in August following a sharp tax increase that has made used cars much less appealing to local consumers.

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