Economist: Necessary to learn why businesses are hoarding dollars

Date: 21/05/2009

Dr Tran Du Lich, former head of the HCM City Economics Institute, now deputy head of the HCM City Delegation of National Assembly Deputies, said that it is necessary to find out why businesses are reluctant to part with dollars in order to fix the dollar shortage problem at the roots.

Counterfeit Honda scooters attacking domestic market

Date: 21/05/2009

Counterfeit Honda scooter models are being sold openly in both Hanoi and HCM City for an average of VND16 million. The surprisingly low prices have lured customers, even though they know they are counterfeit.

Indochina Land starts offering tourism properties

Date: 20/05/2009

Indochina Land, a real estate division of the financial services firm Indochina Capital, has launched a sale of condominiums and villas at its beachfront resort and residential complex in the central city of Danang.

Vietnam-Chile business forum talks trade promotion

Date: 20/05/2009

A business forum was held in Santiago, Chile, on May 15 by the Vietnam Chamber of Commerce and Industry (VCCI) and the Chilean Industrial Society (SOFOFA).

Vietnamese PM to be major speaker at “Asia Future” in Japan

Date: 20/05/2009

Prime Minister Nguyen Tan Dung will pay a working visit to Japan from May 21-23, according to a communiqué released by the Ministry of Foreign Affairs on May 17.

National Assembly said to back bauxite-mining policy

Date: 20/05/2009

The National Assembly (NA) completely supports the policy of developing bauxite mining in the Central Highlands, said Tran Dinh Dan, head of the NA’s office, at a press conference on the upcoming NA session in Hanoi on May 18. Following is the text of his responses to questions from reporters.

Dragon fruit exported to US by air

Date: 20/05/2009

The first container of Vietnamese dragon fruit will be radiated by the Son Son Joint Stock Company in HCM City before being exported to the US.

Export management needs to be professional

Date: 20/05/2009

Better export management is considered an effective way of promoting the image of Vietnamese businesses and their products around the globe.

Sparton Corp. increases business in Vietnam

Date: 19/05/2009

The U.S.-based Sparton Corporation is increasing business in its Vietnamese subsidiary, Spartronics Vietnam, through new market growth and installation of more equipment to boost production, the corporation’s top executive said on Thursday (14 May 2009).

Vietnam Airlines ready for new passenger service system

Date: 19/05/2009

Vietnam Airlines has announced that passengers should arrive at the airport two hours before departure for domestic flights and three hours before departure of international flights from May 16 to May 20 as the national flag carrier will be introducing a new technologically advanced passenger service...

Vietnam to Audit Japanese ODA Projects This Year

Date: 19/05/2009

Viet Nam will audit projects ODA funded by Japan this year in an effort to fight corruption and raise ODA efficiency, said an official from the Ministry of Planning and Investment (MPI) said.

Vietnam’s biggest glass factory ready to upgrade

Date: 19/05/2009

The Chu Lai glass factory in central Quang Nam province is now putting the finishing touches to its production line and is to start operations after a year of construction work.

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