News in brief 11/08/2009

Date: 12/08/2009

Deputy PM praises role of Viet kieu business people

Date: 12/08/2009

Businesses owned by overseas Vietnamese, also known as Viet kieu, are playing a leading role in Viet Nam’s socio-economic development and integration into the international arena, said Deputy Prime Minister and Foreign Minister Pham Gia Khiem in 10 August 2009.

VNPT, Intel cooperate in integrated services

Date: 12/08/2009

Intel Semiconductor Vietnam Co. Ltd. and the Vietnam Post and Telecommunications Group (VNPT) on Thursday (06 Aug 2009) signed a memorandum of understanding (MoU) in research and development (R&D) for new technologies in integrated services between personal computers (PCs) and the internet.

City takes actions to cope with impacts of climate change

Date: 12/08/2009

The HCMC Department of Natural Resources and Environment has just submitted to the city’s government for final approval a project to coordinate actions to cope with the bad impacts caused by the climate change in the city.

Binh Duong conducts large-scale check on environment protection

Date: 11/08/2009

An environment inspection teamfrom the Vietnam Environment Administration, worked with the Binh Duong Province People’s Committee on August 6th to outline a large-scale check on local industrial zones and business compliance with environment regulations.

Economy grows despite difficulties

Date: 11/08/2009

Though the economy was mired in difficulties in the last seven months, it continued to grow, the Ministry of Planning and Investment reported at a regular Government meeting on August 4.

Local businesses reach out to rural market

Date: 11/08/2009

Vietnamese businesses in the past few years have heavily focused on exporting and forgotten the domestic market. In the current economic climate, such businesses have turned to the domestic market but found neighboring countries had flooded the country with products. As such, they have found an untapped...

Overseas Vietnamese Business Association set up

Date: 11/08/2009

The Overseas Vietnamese Business Association was officially established in Hanoi on August 10 to link up and assist overseas Vietnamese to do business in both Vietnam and abroad.

VSIP - a specialist integrated township developer

Date: 11/08/2009

The Vietnam-Singapore Industrial Park is a model development in the Southern Key Economic Region. Anthony Tan, deputy general director of the VSIP Joint Venture Company Ltd about VSIP’s investment attraction in the time to come.

Business in brief 10/08/2009

Date: 11/08/2009

(Sourced from various agencies)

MOIT proposes 20% reduction in morning peak hour electricity price

Date: 11/08/2009

The Ministry of Industry and Trade (MOIT) has decided to submit to the Prime Minister a plan on morning peak hour electricity pricing, suggesting a 20 percent decrease in the morning peak hour price for enterprises. The suggested application time is September 1, 2009.

City mulls over increased vehicle taxes and annual fees

Date: 10/08/2009

The municipal People’s Committee has proposed increasing the vehicle registration fee and charging car drivers an annual fee to reduce traffic congestion.

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