Some are skeptical about MOIT’s strategic car project

Date: 21/11/2009

Just a few days after the outlines of Ministry of Industry and Trade’s plan for development of a “strategic car” – a true ‘made-in-Vietnam’ vehicle – became public, critics have opened fire.

Bank’s “asset management fee” unreasonable says customer

Date: 21/11/2009

Businesses are complaining that they have been required by Asia Commercial Bank (ACB) to pay fees equal to 2.5 percent of the value of loans.

HCM City’s CPI in November increases by 0.55 pct

Date: 21/11/2009

Ho Chi Minh City’s consumer price index (CPI) rose by 0.55 percent in November against last month, according to the municipal statistics office.

Vietnam strives to meet goals for 2010

Date: 21/11/2009

Prime Minister Nguyen Tan Dung has asked the planning and investment sector to weigh up the pros and cons of the domestic and global situation to formulate appropriate plans for socio-economic development in 2010.

Business in brief 19/11

Date: 21/11/2009

(Sourced from various news agencies)

Foreign telecoms keen on long-term cooperation in Vietnam

Date: 21/11/2009

Ericsson Vietnam’s Deputy General Director, Denis Brunetti, has recognised the country as a promising market, citing an increasing influx of foreign investors in the industry as evidence, in an interview with the press.

Dairy producers may be forced to register sale prices

Date: 20/11/2009

As debate rages surrounding the cost of milk, National Assembly deputies have been demanding answers.

Vietnam facilitates entry of investors into its market

Date: 20/11/2009

Vietnam is ready and willing to receive investors and businesses into its market and provide an optimal climate for their operations, stressed Deputy Prime Minister Truong Vinh Trong at the Vietnam Investment Forum held in San Francisco on Nov. 16.

Fuel, tobacco to attract environment tax from 2012

Date: 20/11/2009

Fuel and tobacco are among eight products that will be taxed under the Environment Tax Law expected to take effect on January 1, 2012.

Vietnam, Finland target USD1 billion in two-way trade

Date: 20/11/2009

Vietnam and Finland have agreed to step up cooperation in trade and investment to increase bilateral trade turnover to USD1 billion within the next few years.

Petrolimex sets up a subsidiary company in Singapore

Date: 20/11/2009

Vietnam National Petroleum Corporation (Petrolimex) officially inaugurated its single-member liability-limited company Petrolimex Singapore o­n November 16, marking an important leap forward of Petrolimex in overseas operations.

Business in brief 18/11

Date: 18/11/2009

(Sourced from various news agencies)

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