An economic complex to be founded in central region

Date: 02/10/2009

Seven districts and towns in the southern part of Thanh Hoa and the northern part of Nghe An, two central provinces, will be converted into an economic complex with many sea-borne industries, which is the driving force for the development of North Central Vietnam.

Foreign inflows into Vietnam’s industrial zones decreased sharply this year

Date: 02/10/2009

In a worrying sign for Vietnam’s export driven and low-end manufacturing economy, foreign inflows into Vietnam’s industrial zones decreased sharply this year, according to a Ministry of Planning and Investment meeting.

‘Try really hard’ to meet national growth target, PM says

Date: 02/10/2009

Vietnam’s economy needs to expand by more than 6.8 percent in the fourth quarter to realize the annual growth target of more than five percent, Prime Minister Nguyen Tan Dung said in a statement Thursday (01 Oct 2009).

Opportunity for domestic enterprises to occupy domestic market

Date: 02/10/2009

The ‘Vietnamese people give priority to consuming Vietnam-made goods’ campaign launched by the Politburo is a favourable opportunity for the domestic enterprises to occupy the domestic market which has been encroached already by the foreign goods. However, what do the domestic enterprises need to do...

VAMA says car import fraud is rife

Date: 02/10/2009

The Vietnam Automobile Manufacturers’ Association (VAMA) has requested ministries clamp down onwidespread import frauds.

Finance Ministry researcher warns that exports don’t always pay

Date: 02/10/2009

When Vietnam increases its exports, it must import more materials to make exports, an expert warns. He says attention needs to be paid to the structure of imports and exports with a view to holding down the bill for imported inputs, according to a report.

Vietnam elected to WIPO’s coordinating committee

Date: 01/10/2009

Deputy Minister of Science and Technology Nguyen Quan is attending at the 47th session of the World Intellectual Property Organisation (WIPO) General Assembly in Switzerland from September 22 to October 2.

Domestic investment to drive real estate market

Date: 01/10/2009

Vietnamese investors will dominate the domestic real estate market for the immediate foreseeable future, experts said at a seminar on property trends in 29th Sep 2009, September 29, held in HCM City.

Petrol, oil prices to fall today

Date: 01/10/2009

The ministries of Finance and Industry and Trade yesterday approved a cut in the retail price of petrol from today, October 1.

Vietnam may soon get market-economy status

Date: 01/10/2009

India is all set to recognize Vietnam as a market economy—a system where prices of goods are determined in the market and not by the government. This clears the last hurdle in the way of India’s free trade agreement (FTA) with all ASEAN members.

Manufacturers shun supermarkets in favor of shops, markets

Date: 01/10/2009

Some manufacturers are finding it cheaper and less hassle to sell their goods through markets and street-front shops rather than supermarkets and shopping-center stores.

Business in brief 30/09

Date: 01/10/2009

(Sourced from various news agencies)

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