Vietnam needs 1.3m sqm of new housing till 2020

Date: 07/10/2009

Vietnam Report Joint Stock Co in a report on Vietnam’s real estate market for 2009 and 2010 has said that from now to 2020, the country needs about 1.3 billion square metres of new housing, which is really a big opportunity for investors.

Vietnam cautioned about new wave of anti-dumping lawsuits

Date: 07/10/2009

According to the Vietnam Chamber of Commerce and Industry (VCCI), there have been 35 anti-dumping lawsuits against Vietnam so far, including two against Vietnam’s seafood export products, the tra and basa lawsuit in 2001 and the shrimp lawsuit in 2003.

Better infrastructure a prime condition for Japanese investors

Date: 06/10/2009

The vice chairman of the Japan Association of Corporate Executives, better known as Keizai Doyukai, has called for Vietnam to boost infrastructure development in order to attract more Japanese investors.

Minister emphasizes positive view of Vietnam’s export growth

Date: 06/10/2009

Minister of Industry and Trade Vu Huy Hoang, while admitting the possible minus export growth for 2009, points out that Vietnam’s achievements are still much better than that of many other countries and plans for increasing exports should show results in early 2010.

Foreign ODA consultants exempt from personal income tax

Date: 06/10/2009

Foreign experts on official development assistance projects in Vietnam will soon be exempt from paying personal income taxes, according a recently-issued government statute to take effect November 20.

Car owners may have to pay road maintenance fee

Date: 06/10/2009

Owners of automobiles would pay an annual operator’s fee deposited in a road maintenance fund under a draft proposal by the Ministry of Transport.

PM turns first sod on highway construction

Date: 06/10/2009

Prime Minister Nguyen Tan Dung turned the first sod on construction of the North-South Expressway’s HCM City-Long Thanh-Dau Giay section on Saturday (03 Oct 2009).

First natural disaster channel to debut next year

Date: 06/10/2009

Early next year, Vietnam is set to open up its first television channel that is solely dedicated to helping prevent natural disasters.

Nha Trang’s Twin Towers­­ project licenced

Date: 05/10/2009

On October 4, the south central province of Khanh Hoa granted a licence to the Nha Trang Lighthouse Complex project.

Indochinese nations mull over common visa

Date: 05/10/2009

Vietnam, Laos, and Cambodia have agreed that a common visa to enter the three countries is an important goal in future.

Business in brief 05/10

Date: 05/10/2009

(Sourced from various news agencies)

Government’s price tracker predicts 2009 CPI increase of seven percent

Date: 05/10/2009

Although some economists expressed concern when consumer prices climbed six-tenths of a percent in September, the official in charge of trade and price statistics says its just a cyclical thing.

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