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The dollar price surging to VND17,400/US$1 has created the fear among importers that this will make import products more expensive.
Another roadside station opened its doors to travellers on National Highway 1A in the northern province of Ninh Binh on March 18.
The Kian Joo Canpack Vietnam Co, Ltd, a joint venture between Malaysia and Japan, on March 13 put into operation a canned beverage factory with an annual capacity of 8 million boxes of products in southern Binh Duong province.
Nine Vietnamese companies are showcasing their handicraft and textile products at the 28th India International Trade Fair (IITF) in New Delhi.
Exports to the Middle East will earn Viet Nam US$2.3 billion by 2010, under a new Ministry of Industry and Trade (MoIT) plan.
Premier Oil Plc, a UK explorer with projects in Asia and Africa, said it plans to more than double investment next year to take advantage of lower costs as it develops a project in Vietnam.
The southern coastal province of Ba Ria-Vung Tau has licensed a record high number of investment projects in 2008, but many investors will have to wait for a long time before the land for these projects can be handed over.
HA NOI — HSBC, a leading foreign bank in Viet Nam, has partnered with the country’s largest domestic finance insurance group and its strategic insurance partner, Bao Viet, to introduce property and keyman insurance products to Viet Nam.
The Dung Quat Oil Refinery is expected to be putting out the first made-in-Vietnam commercial oil flow in two months, according to Deputy General Director of Dung Quat Oil Refinery Dinh Van Ngoc.
An Indian trade expert has forecast a boom in the flow of Indian investment into Vietnam in the years to come as a result of the efforts by the Southeast Asian nation to improve its business environment.
A conference co-hosted by the Rhône-Alpes’ Chamber of Commerce and Industry (CCI) and the Movement of the French Enterprises (MEDEF) has been held in Lyon to discuss about the investment opportunities in Vietnam.
