In the clothing market, domestic brands struggle

Date: 16/07/2009

Back in the 1990’s, it seemed that some domestic garment manufacturers were on the verge of developing strong brand names, based on their experience and ability to produce quality goods. Up to now, however, companies like Legafashion, Mot, Viet Tien, Ninomaxx and Nha Be have not been able to wrest signficant...

Phu Quoc likely has special status for development

Date: 16/07/2009

Phu Quoc Island off southern Kien Giang Province will likely gain a special status that will allow for the remote district to develop special business facilities, including a huge casino complex to better woo international visitors, heard a meeting on Sunday (12 July 2009).

VNR500 Summit 2009 to discuss life in ‘finance storm’

Date: 15/07/2009

Enterprises well understand that they need to restructure their businesses, be well prepared for uncertainties in the global financial storm and get ready to grab opportunities in the post-crisis period. But how can businesses find opportunities in crisis? Answers will be offered up at VNR500 Summit...

Lam Dong halts call for investment into privately-funded projects

Date: 15/07/2009

The Lam Dong Province People’s Committee said Tuesday it had stopped calling for investment in most projects funded by private capital due to the sluggish progress made on several major works.

Vietnam to lead the world in entertainment &media growth

Date: 14/07/2009

Viet Nam is projected to take the lead in the expansion of its entertainment and media market in the next five years, with the overall compound annual growth rate to be the highest in the world at 16.7%, said a global business advisory firm.

Vietnam, Italy strengthen trade ties

Date: 14/07/2009

Viet Nam always likes to have more Italian investors doing business in Vietnam as Italy has great potential for science and technology development, said President Nguyen Minh Triet at a reception for the general director of Piaggio Viet Nam Co,Ltd (PVN), Costantino Sambuy, in Hanoi on July 13.

Recycled ‘cemetery goods’ flood Vietnam

Date: 14/07/2009

A huge volume of used goods from the ‘rich countries’ seeps into Vietnam across its border with Cambodia. The trade in seconds, irregulars and second-hand clothing, fabrics and electronic gear, unsanctioned but clearly tolerated, has flourished since the early days of ‘doi moi.’

HCM City tries to avoid budget losses

Date: 14/07/2009

The HCM City People’s Council is considering several measures to prevent the further delay of investment projects, which is causing huge losses to the city budget.

Hanoi and HCM in list of 100 most expensive cities in the world

Date: 14/07/2009

The latest Mercer’s survey about living standards in 143 cities in the world on July 9 stated that Hanoi and HCM City retained in the top list of 100 most expensive cities in the world, with their position of 58 and 69 respectively.

PM gives nod to Dung Quat economic zone master plan

Date: 14/07/2009

Prime Minister Nguyen Tan Dung has just signed a decision on adjusting the master plan for developing the Dung Quat Economic Zone into a complex for various industries from now through 2025.

Certificates of Origin needed for Vietnamese fruits

Date: 13/07/2009

Starting on July 1, Vietnam’s fresh fruits like watermelon, longan, lychee, banana and dragon fruit slated for export to China will need certificates of origin (COs) from the orchards.

Dung Quat oil refinery delivers first batch of gasoline

Date: 13/07/2009

The Dung Quat oil refinery on July 11 delivered its first batch of 5,500 cu.m of Mogas A92 gasoline to the PetroVietnam Oil Corporation (PV Oil).

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