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Farmers who live near urban residential areas will be compensated at a higher rate when the state reclaims their land, according to a new decision by the HCM City People’s Committee.
Vietnam will open up a number of services markets to foreign companies earlier than scheduled in its commitments to the World Trade Organization (WTO) to make it an attractive place for business and investment.
Vietnamese woodwork producers have ignored the Russian market, though they are well-aware that this is a market with great potential.
Vietnam is going to pip India in the world apparel trade, as Vietnamese exporters are projected to surpass the share of the Indian competitors in the global market in 2009, said The Economic Times.
The government on Tuesday (14 March 2009) admitted it was to blame for slow financial compensation to residents displaced by the Son La Hydroelectric Plant project, which started construction in 2005 in three northwestern provinces
No investment channel now, not real estate, gold, securities, bank deposits nor foreign currencies, can promise attractive profit for those who have idle capital.
Vietnam is ranked third in a list of countries showing promise for Japanese foreign direct investment (FDI) success in the medium term, according to a survey conducted by the Japan Bank for International Cooperation (JBIC).
The US Department of Commerce (DOC) has decided not to revoke its imposition of antidumping duty on certain catfish products imported from Vietnam , according to the Vietnamese Association of Seafood Exporters and Producers (VASEP).
2008 is considered to have been a year full of uncertainties regarding the VND/US$ exchange rate, and many experts believe that this lamentable phenomenon will continue next year.
Leaders of 150 multinational companies will converge in the capital city of Hanoi in mid-March to attend a conference on Vietnam’s future positioning.
The fact that the Japanese yen has been appreciating against other currencies, like the greenback, euro and VND, has prompted people to keep non-dollar hard currencies, with a hope that the currencies will revalue, like they did in mid-2008.
