Red tape bothers foreign firms

Date: 10/10/2009

Many businesses say that excessive bureaucracy wastes too much time and money.

Vinatex to build textile parks in Ninh Binh, Tra Vinh

Date: 10/10/2009

Vietnam National Textile and Garment Group (Vinatex) next year will build two industrial parks to accommodate dyeing and weaving factories, one in northern Ninh Binh Province and the other in the Mekong Delta province of Tra Vinh, said the chairman of Vinatex.

Bac Ninh’s logistics ICD to come online next month

Date: 10/10/2009

Bac Ky Joint Stock Investment Co. will put its Logistics-ICD Tien Son center into operation in the northern province of Bac Ninh next month.

CG urged to make good haven for foreign investors

Date: 09/10/2009

Foreign experts at a major forum in HCMC in 08 Oct underscored the importance of enhancing corporate governance to develop Vietnam into a safe haven for foreign investors, even in troubled times.

Foreign remittances to fall in 2009

Date: 09/10/2009

Financial analysts have predicted that overseas remittances to Vietnam will drop to 6 billion USD this year from last year’s 8 billion USD due to the global financial crisis, which resulted in overseas Vietnamese and guest workers abroad suffering wage cuts.

Vietnam Airlines unveils three new routes

Date: 09/10/2009

National flag carrier Vietnam Airlines will fly o­n o­ne new foreign route and two domestic routes starting October.

VNPT opens data centre in Ha Noi

Date: 09/10/2009

The inauguration of Thang Long data centre was held in 07 Oct at an industrial park of the same name in Dong Anh District o­n the outskirts of Ha Noi.

Sales of goods and services soar

Date: 09/10/2009

Total turnover for goods and services in the first nine months of the year surged by 18.6 per cent year-on-year to VND845.4 trillion (USD 47.2 billion) thanks to a series of Government stimulus measures and promotional programmes, according to the General Statistics Office (GSO).

Seven-star Plaza Complex to open in early 2010

Date: 09/10/2009

Charmvit Plaza – a seven star commercial and office centre – will open in Hanoi in the first quarter of 2010, CB Richard Ellis Vietnam (CBRE) has announced.

Domestic businesses worry about fake goods

Date: 09/10/2009

The campaign “Vietnamese people use Vietnamese goods” launched by the Political Bureau of the Party Central Committee has spread nationwide. However, the appearance of fake commodities in the market is one of the reasons that prevent Vietnamese people from using local goods.

HCMC: Motivating the domestic market and export development

Date: 09/10/2009

For the job creation, the technology transfer and the production of goods for domestic consumption and exports with high competition…

Business in brief 08/10

Date: 08/10/2009

(Sourced from various news agencies)

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