Petrolimex sets up a subsidiary company in Singapore

Date: 20/11/2009

Vietnam National Petroleum Corporation (Petrolimex) officially inaugurated its single-member liability-limited company Petrolimex Singapore o­n November 16, marking an important leap forward of Petrolimex in overseas operations.

Business in brief 18/11

Date: 18/11/2009

(Sourced from various news agencies)

Air pollution reaches alarming level

Date: 18/11/2009

Air pollution in HCMC is at an alarming level as most air quality measurements recently taken at nine monitoring stations around the city show levels of dust, nitrogen dioxide, benzene and other substances exceed the acceptable standards by several times.

Investors show positive outlook on Vietnams economy

Date: 18/11/2009

Fifty-nine percent of more than 200 investors and investment consultants in Vietnam have a positive outlook on the country’s economy in the next 12 months, said the consultancy firm, Grant Thornton Vietnam, on Nov. 17.

Vietnam uses energy resources effectively

Date: 17/11/2009

On the theme “Energy and sustainable development”, the eighth meeting of the Vietnam-France Economic and Financial Forum is being held in Quang Ninh province on November 17-18.

Bye, bye, open sky? A bad week for Jetstar and Indochina Air

Date: 17/11/2009

Jetstar Pacific has been accused of ignoring safety regulations. Indochina Airlines, deep in debt, faces loss of its license. This past week, says Nguoi Lao Dong, passengers were flocking back to Vietnam Airlines.

Protection of Phu Quoc fish sauce trademark

Date: 17/11/2009

Phu Quoc fish sauce trademark, which is very famous in Vietnam and many countries in the world, is being undercut by imitators, despite being a protected geographic indication and appellation of origin since 2001.

Business in brief 17/11

Date: 17/11/2009

(Sourced from various news agencies)

Vietnam, France sign 18 cooperation deals

Date: 17/11/2009

French Prime Minister Francois Fillon and Vietnamese Deputy Prime Minister Nguyen Sinh Hung witnessed the signing of 18 agreements with a total value of USD9.5 billion at a forum of business leaders from the two countries on Friday (14 Nov 2009).

Vietnam sets up fund to support pro-poor business projects

Date: 12/11/2009

The Vietnam Challenge Fund to lend to business start-ups that will directly benefit the poor was launched in Hanoi November 10 with a corpus of USD3 million.

New Hanoi-HCMC air route not practicable: officials

Date: 12/11/2009

Civil and military aviation officials are lukewarm about a plan for aircraft to fly in a straight line between Hanoi and Ho Chi Minh City over neighboring countries.

Bottleneck to block growth

Date: 12/11/2009

Weak infrastructure will continue to be o­ne of the biggest bottlenecks for Vietnam’s economic growth and investment attraction in 2010.

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