Many enterprises to receive first Vietnam Golden FDI awards this August

Date: 06/06/2009

The first Vietnam Golden FDI awards will be granted to outstanding enterprises at the Hanoi Opera House this August, the Vietnam Association for Foreign Investment Enterprises (VAFIE) announced on June 5.

PM approves rubber development strategy through 2015

Date: 06/06/2009

Vietnam will invest some VND30 trillion to develop the rubber industry sustainably based on market demand, exploiting and building on the country’s advantages in terms of land and other natural conditions in various regions.

Central bank urged to take proactive policy measures

Date: 05/06/2009

Two ministries have suggested the central bank take drastic policy measures to help keep the economy running given the continued uncertainties about a recovery of exportation and foreign investment.

Forex risk haunts local enterprises

Date: 05/06/2009

Two out of every three enterprises in Vietnam deem the risks of fluctuating foreign exchange rates are the biggest challenge for developing the country’s cross-border trade within the next three months, according to a survey released by HSBC on Wednesday (03 June 2009).

Local mobile networks in race to lower call charges

Date: 04/06/2009

MobiFone yesterday reduced call charges by an average of 16 percent for all subscribers, the state-run mobile network provider announced Tuesday (02 June 2009).

Saigon Newport puts new sea port into operation

Date: 04/06/2009

Saigon Newport Company, Vietnam’s biggest container port operator, put a new sea port into operation yesterday in Ba Ria-Vung Tau Province, 120 kilometers from Ho Chi Minh City.

Japanese enterprises seek investment opportunities

Date: 04/06/2009

The Overseas Investment Department in HCM City held a talk with more than 30 enterprises from Japan’s Aichi province on June 2.

Optimists should not play up stabilization

Date: 04/06/2009

Vietnam still needs to watch its economy for more signs of a turnaround, said finance minister Vu Van Ninh in an interview granted to VOV on the sidelines of the National Assembly’s sitting in Hanoi.

VEC, Korean partner to jointly build expressway to highlands

Date: 03/06/2009

Vietnam Expressway Corporation (VEC) has got the green light from the Ministry of Transport to team up with South Korea’s Incheon Urban Development Corporation to develop an expressway linking Dau Giay T-junction in the southern province of Dong Nai to Lien Khuong Airport in the Central Highlands province...

Investors commit to invest into 31 projects in Tra Vinh

Date: 03/06/2009

Twelve foreign and local investors late last week positively responded to a call from Tra Vinh Province, pledging to invest thousands of billions of dong in 31 projects in infrastructure and new urban development and industrial sectors in the Mekong Delta province.

Commercial loans for Ca Mau 2 thermal power project

Date: 03/06/2009

The Prime Minister has approved the content of the appendix to the guarantee letter for commercial loans by KfW Bank, Calyon Bank and Fortis Banque France S.A Bank for Ca Mau 2 thermal power project.

Garment and textiles industry sees sign of stabilizing

Date: 03/06/2009

The garment and textiles industries witnessed a monthly increase of 8 percent and 3 percent respectively in May.

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