10 percent growth set for HCM City

Date: 13/07/2009

HCM City legislators and leaders set the growth target at a minimum of 10% for the second half of the year at a three-day People’s Council meeting that wrapped up on Thursday (09 July 2009).

Chinese road construction firm wins bidding package of building HCM City-Long Thanh-Dau Giay expressway

Date: 13/07/2009

Vietnamese Ministry of Traffic and Transportation has signed Decision No 1865/QD-BGTVT approving the result of bidding package 1A of HCM City-Long Thanh-Dau Giay expressway project invested by Vietnam Expressway Co (VEC).

Developing the technology market

Date: 13/07/2009

Although there is an urgent need for small and medium-sized enterprises (SMEs) to upgrade their technical facilities, many of them are still finding it difficult to choose and apply new technology.

Construction work begins on Cai Cui port in Can Tho

Date: 13/07/2009

Prime Minister Nguyen Tan Dung on July 11 inaugurated the second phase of the Cai Cui seaport project in Can Tho city, emphasizing its important role in the socio-economic development of the Mekong Delta.

US Maryland opens trade, investment office in Vietnam

Date: 13/07/2009

The US’s Maryland has reached a deal to establish a new economic development office in Vietnam , bringing the state’s total number of global locations to 13.

Government moving to deter destruction of riceland

Date: 13/07/2009

A draft decree circulated by the Ministry of Agriculture and Rural Development (MARD) would commit the Government to protect wet rice-growing land against arbitrary conversion into industrial parks and golf courses.

Business confidence index rises

Date: 12/07/2009

Viet Nam’s business confidence index (BCI) in the second quarter increased 31 points over the first quarter, reaching 130 points, according to a recent survey.

Ho Chi Minh city hungry for workers

Date: 11/07/2009

Le Thanh Tam, director of the HCM City Department of Labour, War Invalids and Social Affairs, told that an enterprise in District 12 had asked him to help them recruit 500 labourers in the apparel sector. Tam could not help as the department’s job placement centre is also facing a labour crisis.

New investment tendency on insurance market

Date: 11/07/2009

Bancassurance (the selling of insurance and banking products through the same channel, most commonly bank branches selling insurance) entered Vietnam from 1980s and actually to date just some enterprises have specialised in doing business with such a new kind of product, and this could be the new investment...

Wood processors seek support

Date: 11/07/2009

The domestic wood processing industry, the country’s fifth largest hard currency earner, needs more support from the government, industry associations and companies to reach its export value target for 2009-10, industry insiders have said.

Vietnam boosts cooperation and investment in Laos

Date: 11/07/2009

Investment programmes and projects between Vietnam and Laos should be sped up to bring practical benefits to both countries, said participants at the plenary session of the National Assembly (NA) Committee for External Affairs in Ho Chi Minh City on July 9.

MoIT makes moves to reduce trade deficit

Date: 11/07/2009

June is the third consecutive month this year that Vietnam has run a trade deficit, totalling US$2.1 billion. The Ministry of Trade (MoIT) is taking great pains to boost exports and reduce imports in order to minimise the deficit.

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