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Deputy Prime Minister Nguyen Sinh Hung has called on governments and international organisations to get together and address regional and global challenges arising from the global economic recession.
PetroVietnam Fertilizer and Chemicals Corporation (PVFCCo) is striving to reach a urea fertilizer output of over 1.7 million tons a year within the next three years to meet 100% of local demand, said a representative of PVFCCo.
On Sept. 28 Deputy Prime Minister Hoang Trung Hai sent an urgent message asking Quang Binh, Quang Tri, Thua Thien-Hue, Da Nang and Quang Nam to move local people out of danger areas by midnight the same day as the tropical storm Ketsana is forecast to make landfall at noon on September 29.
Investors rushed to lock in profit after a long rising streak since early last week until this Wednesday (23 Sep 2009), offloading huge volumes of shares, forcing the market down despite the demand was still strong. Ending the session on Thursday (24 Sep 2009), the VN-Index lost 7.33 points, or 1.25%,...
Vietnamese Prime Minister Nguyen Tan Dung and his Hungarian counterpart Bajnai Gordon affirmed their pledge to develop a stable, long-term and mutually beneficial relationship during talks in Budapest on Friday (18 Sep 2009), before Dung wrapped up his European tour the day after.
The Pomina Steel Joint Stock Company, the Vietnam Industrial and Commerical Bank (VietinBank) and Concast the equipment supplier have signed an investment contract for the biggest forged and rolled steel project in Vietnam.
Urban areas across the country need 37.5 million square meters of housing every year, costing 562 trillion dong (USD 31.2 billion), deputy minister of Construction Bui Pham Khanh said.
The Vietnam Oil and Gas Group (PetroVietnam) said that the export turnover of crude oil is expected to reach USD6.9 billion this year, down by 40 percent compared to last year.
Foreign direct investment pledged in the first nine months of the year was worth USD12.54 billion, a mere fifth of the amount recorded in the same period last year.
Van Phong international transit port is scheduled to be kicked off by the end of October, said Le Trieu Thanh, vice general director of Vinalines Shipping Co (Vinalines), investor of Van Phong port.
The property market in Ho Chi Minh City is at a near stand still as investors have halted purchasing in the face of a new capital gains tax effective today.
