Foreign investment surges to $45 billion

Date: 25/04/2009

The foreign direct investment (FDI) committed so far this year is over US$45 billion, four times last year’s figure. The Foreign Investment Agency said of 654 projects announced by July end, the largest are the Taiwanese Formosa Group’s $7.9 billion steel plant in the central province of Ha Tinh and...

Experts urge policies to keep economy afloat

Date: 25/04/2009

Viet Nam should act immediately to minimise the impact of the ongoing world economic crisis and to stay afloat in 2009, a seminar on Viet Nam’s economy heard yesterday.

Companies offering high dividends – at their own peril

Date: 25/04/2009

The national economy has been facing great challenges, the stock market has been witnessing stock prices decrease dramatically. However, these things have not dissuaded some enterprises from offering shockingly high dividends.

Border economic zone attracts 16.5 billion USD in investment

Date: 25/04/2009

Bo Y International Border Gate Economic Zone in Central Highlands Kon Tum province has so far drawn 24 investment projects with a total registered capital of 282 trillion VND (16.5 billion USD), according to the zone’s Management Board.

US concludes review of Vietnam’s apparel products

Date: 25/04/2009

The US Department of Commerce (DOC) has officially announced that there is insufficient evidence to warrant self-initiating an antidumping investigation into Vietnam’s certain textile and apparel products.

Vinacomin to build Khe Ga Seaport in Binh Thuan

Date: 25/04/2009

Viet Nam National Coal Mineral Industries Group (Vinacomin) is ironing out a plan to build a deep-water seaport at Khe Ga Cape of Ham Thuan Nam District in the southern province of Binh Thuan, said a senior leader of the group.

PM approves hiring of foreign experts for Long Thanh Airport project

Date: 25/04/2009

The Prime Minister has approved in principle on the hiring of foreign organisations to be the experts providing assistance in the process of working out a detailed plan for the Long Thanh International Airport project in the southern province of Dong Nai.

DOC announcement reflects the truth: official

Date: 25/04/2009

The Ministry of Industry and Trade said the recent announcement by the US Department of Commerce (DOC) regarding clothing imports from Vietnam “reflects the truth”.

IT, telecoms expo opens in HCM City

Date: 25/04/2009

An international exhibition on telecommunications, information technology and electronic products opens today at the HCM City International Exhibition Centre.

City to scrutinize agencies for urban project resettlement bungle

Date: 25/04/2009

The HCM City government is set to appraise the responsibilities of several public agencies in the wrongful relocation of residents in a major urban projects.

Inflation rate continues to fall

Date: 25/04/2009

While measures are helping curb inflation, export revenues are also flagging

US Moody’s representative: Vietnam still attractive to investors

Date: 25/04/2009

Moody’s Investors Service highly appreciates and believes that Vietnam remains attractive to foreign investors, said the US company’s representative.

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