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Vietnam’s capital city of Hanoi needs between VND13 trillion and VND18 trillion (US$787.8 million - US$1 billion) to upgrade and build water drainage systems to protect it from flooding from now up to 2020
Private businesses in Vietnam are the world’s third most optimistic firms, despite global turmoil and high domestic inflation, a Grant Thornton survey has concluded.
The eighth Golden investment Dragon Awards will be grant to 80 foreign-invested companies for their excellent business performance.
At a meeting between the Vietnam Steel Association and the Ministry of Industry and Trade, domestic steel producers proposed raising the import tax in order to rescue domestic steel producers
The Vietnam National Oil and Gas Group (PetroVietnam) said it is preparing for a bad scenario when the crude oil price drops to $30/barrel, a decrease of $40/barrel from the initial estimated level.
Paradoxes exist in the foreign currency market: the dollar mobilization capital proves to be profuse, but loans remain low, and interest rates are still very high and even higher than those in the world market. Meanwhile, banks and businesses can hardly purchase dollars because the supply cannot meet...
The Vietnamese Trade Union and investors from the Republic of Korea held a meeting in Hanoi on Nov. 10 to discuss labour issues.
The first Lotte Mart opened today in HCM City with investment capital of US$75 million. This South Korean retailer plans to invest US$5 billion to open 30 supermarkets in big cities of Vietnam within the next 15 years.
Office rents in Viet Nam, particularly in HCMC, keep going down and have started to fall faster due to new developments in the city and as the global crisis deepens, according to Cushman & Wakefield.
Head of the Cultivation Agency under the Ministry of Agriculture and Rural Development Nguyen Tri Ngoc spoke about the inundation of Cambodian rice in the Mekong Delta, Vietnam’s rice granary.
In a year when monetary policies have changed many times, it is understandable why commercial banks have met many difficulties. Foreign banks were not an exception.
