Cost estimates skyrocket for HCMC-Can Tho railway

Date: 27/10/2009

Cost estimates for the first Ho Chi Minh City-Can Tho railway project has been increased to USD9.63 billion from the original USD4 billion, according to the project consultant.

Vietnam’s lack of dollars causes problems

Date: 27/10/2009

Issues surrounding the shortage of US dollars were behind the fall of Vietnam in recent international ratings, said the Vice chairman of the National Financial Supervision Committee Le Xuan Nghia.

Capital to get four waste-treatment centres

Date: 27/10/2009

The capital’s 19 suburban districts will all have access to rubbish dumps by 2015.

Foreign and domestic bankers pursue VIP clients

Date: 27/10/2009

Targeting VIP clients with high incomes and attempts to attract them with high grade banking services has been a growing trend.

Broader tax breaks for foreign experts

Date: 27/10/2009

The prime minister signed Decision No 119/2009/QD-TTg on October 1, containing regulations on foreign experts implementing programmes and projects in Vietnam using official development assistance (ODA).

HCMC seeks stricter measures against illegal foreign workers

Date: 27/10/2009

The Ho Chi Minh City administration will ask the government to increase fines imposed on firms that employ illegal workers by ten times.

Binh Phuoc Pledges to Give Favourable Conditions to Investors

Date: 27/10/2009

Binh Phuoc is a peacful land and a suitable place for investors to make interests and do their duties to the society, Truong Tan Thieu, chairman of the Binh Phuoc People’s Committee told a reporter.

Vietnam, Sri Lanka sign cooperation deals

Date: 26/10/2009

Vietnam and Sri Lanka on Thursday (22 Oct) signed a number of cooperation deals during Sri Lankan President Mahinda Rajapaksa’s first official visit to Vietnam.

NA deputies fear high gov’t debt

Date: 26/10/2009

National Assembly deputies at the ongoing NA sitting have expressed concern about the economic situation this year and 2010 outlook as the government debt and State budget deficit are rising sharply.

RoK to grant loan for VN’s infrastructure development

Date: 26/10/2009

The Republic of Korea (RoK) has decided to provide a loan package worth around USD46 million to help Vietnam implement a series of projects on infrastructure development.

Delta provinces push 17% growth rate

Date: 26/10/2009

Broader access to official development assistance (ODA) from foreign donors, more investment in infrastructure, and improved investor promotion were among the recommendations made in a joint report submitted by the 13 provinces of the Cuu Long (Mekong) Delta to the Government.

Fuel traders seek higher pump prices

Date: 26/10/2009

Three Vietnamese fuel traders are seeking approval from the government to raise retail fuel prices by VND500-700 per liter, following price cuts three weeks ago, local media reported Thursday (22 Oct).

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