Real estate, building materials looking good for investors

Ngày: 29/09/2009

Real estate and construction material businesses are set to reward investors as business picks up in the second half of this year.

Real estate requires real reform

Ngày: 29/09/2009

Middle-class families in Vietnam use up to 80 percent of their income to purchase homes, an overly high level that can easily cause debt crisis, according to research by Vietnam Report on Vietnam’s real estate sector in 2009-2010.

A greater effort needed to ride out crisis

Ngày: 29/09/2009

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 to satisfy domestic urea demand

Ngày: 29/09/2009

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.

Country faces with powerful storm of the year

Ngày: 29/09/2009

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.

Market falls as investors fret about correction

Ngày: 29/09/2009

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%,...

Vietnam and Hungary prioritize trade, investment ties

Ngày: 28/09/2009

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.

USD300 million for forged and rolled steel project in Ba Ria-Vung Tau

Ngày: 28/09/2009

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.

Vietnam needs USD 31b for real-estate development: Deputy Minister

Ngày: 28/09/2009

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.

PetroVietnam targets 15 million tonnes of crude oil by 2010

Ngày: 28/09/2009

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 investment dives in crisis

Ngày: 28/09/2009

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.

Business in brief 25/9

Ngày: 26/09/2009

(Sourced from various news agencies)

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