IZ workers need roofs over their heads

Date: 28/06/2011

Greater investment incentives are needed to get more industrial zone workers into personal residences.

FDI hit $5b in H1, slightly down on 2010

Date: 28/06/2011

Foreign investors poured US$5.3 billion into the country in the first half of the year, down roughly 1.9 per cent against the same period last year, the Ministry of Planning and Investment’s Foreign Investment Agency reported.

Metro project looks to get back on track

Date: 23/06/2011

Ho Chi Minh City authorities are scaling up efforts to accelerate metro project pace.

State firms told to reduce non-core investment operations

Date: 23/06/2011

The Vietnamese government will require state-invested enterprises to reduce the percentage of capital they invest in non-core business activities under a draft regulation compiled by the Ministry of Finance (MoF).

Thailand’s higher rice price seen buoying Vietnam exports

Date: 23/06/2011

The recent Thai rice price hike may prompt importing countries to turn to Vietnam for the food staple, according to industry sources.

Vietnam aims to attract Japanese investors in support industry

Date: 23/06/2011

A seminar was held in Hanoi on June 22 to discuss measures to attract investment from Japanese small-and-medium-sized businesses in Vietnam’s support industry.

Intel seeks domestic suppliers

Date: 23/06/2011

Intel Products Viet Nam announced on Tuesday it was looking for Vietnamese companies to supply components, accessories and services to support its assembly and chip-testing plant in the Sai Gon High-tech Park located in HCM City.

Vietnam’s biggest urea plant back from maintenance

Date: 20/06/2011

PetroVietnam Fertilizer and Chemicals Corporation (PVFCCo) put its urea fertilizer plant Dam Phu My back into operation last Friday after a month of maintenance.

Governor says interest rate will fall in line with CPI

Date: 20/06/2011

Central bank governor Nguyen Van Giau, citing signals in the banking industry lately, iterated on Saturday that the interest rate will fall in the coming time in line with the consumer price index (CPI).

Business in brief 20th June 2011

Date: 20/06/2011

(Sourced from various news agencies)

Prime Minister sets growth target of 6.5pct in 2012

Date: 20/06/2011

The government will continue the flexibly tightening financial and monetary policies to tame inflation, stabilize the dong and increase the country’s foreign currency reserve.

Vietnam and America start to clean Agent Orange in Da Nang

Date: 18/06/2011

Viipip - Ministry of Defense yesterday began operations of disarming, picking up unexploded mines. That is the first step in the process of cooperation between Vietnam and the United States to remove the Agent Orange / dioxin in Da Nang from hot spots.

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