Business in brief in 3 May

Date: 04/05/2012

(Sourced from various news agencies)

Binh Duong New City welcomes a new Singaporean investment wave

Date: 04/05/2012

The visit of Singapore’s President Tony Tan Keng Yam to Binh Duong province last week gave the province a valuable opportunity to highlight a call for more investment into its Binh Duong New City project, a launching pad to promote the locality.

Just 5 pct renewable energy exploited in Vietnam

Date: 04/05/2012

Vietnam only exploited 5 per cent of its renewable energy potential and the Government sets the target to increase to figure to 11 per cent by 2050.

Vinabico to merge with KDC

Date: 24/04/2012

Kinh Do Corp. (KDC) plans to merge with Vinabico and release over 34.11 million shares, the confectioner announced last weekend at its annual general meeting to inform future production activities.

Vietnam’s first wind power plant inaugurated

Date: 24/04/2012

Vietnam Renewable Energy Joint Stock Company (REVN) on Wednesday started operating 20 turbines of its wind power plant with a capacity of 30MW in Binh Thuan Province’s Tuy Phong District, said the provincial Department of Industry and Trade.

Hanoi’s export revenue up 4.4 per cent in April

Date: 24/04/2012

Domestic and overseas businesses operating in Hanoi have recorded a total export revenue of $780.4 million in April this year, up 4.4 per cent against last month and 10.4 per cent compared with the same period last year.

VimpelCom announced to withdraw from GTel

Date: 24/04/2012

VimpelCom, a leading global provider of telecommunications services, announced yesterday that it has signed an agreement to sell the company’s entire indirect 49 per cent stake in GTEL Mobile Joint Stock Company in Vietnam and give up operational control of GTEL Mobile.

Foreign cash flows promising for textile-dyeing industry

Date: 24/04/2012

Many groups of foreign enterprises from South Korea, Japan and Taiwan have come to Vietnam to explore investment opportunities in the textile and dyeing sector, the Vietnam Textile and Apparel Association (VITAS) said.

Business in brief in 23 April

Date: 24/04/2012

(Sourced from various news agencies)

April CPI inches up 0.05pct: GSO

Date: 24/04/2012

The consumer price index (CPI) of Vietnam in April edged up 0.05 percent against March, according to the Vietnam General Statistics Office (GSO).

Investment Mission to Vietnam of Korean Delegation.Mission in search of opportunity in Infra development and Manufacturing.

Date: 20/04/2012

They will visit in Hochiminh City on Sunday, 22 April and staying for 4 days (the schedule attachment)

Hanoi seeks VND161 trillion for trade development

Date: 16/04/2012

Hanoi is seeking over VND161 trillion of investment to convert itself into a national and regional big trade center.

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