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Prime Minister Nguyen Tan Dung has recently approved building plans for provinces that border Cambodia. The plans aim to develop the area into a nationally important economic region by 2020, and the world by 2030.
The Vietnamese economy has seen positive developments in the first six months of this year through the encouraging macro-economic indexes such as GDP growth rate, industrial production value growth, service growth and export-import balance. However, we should not be complacent with the results because...
Hundreds of billions of US dollars in stimulus have not yet been effective, National Finance Supervision Committee vice chairman Le Xuan Nghia told a finance crisis workshop in Ha Noi on Monday (29 June 2009).
A new telecom service provider will debut this month and two more have received licenses, making the competition in Vietnam, which already has six players, even more severe.
The Deputy Chairman of Vietnam’s National Finance Supervision Committee expressed confidence that the Vietnamese banking system is sound and that individual banks can ably manage bad loans averaging three percent of the total.
The ministries of Finance and Industry and Trade have accepted proposals submitted by petrol and oil traders to increase their retail prices.
Two-way trade between the European Union and Vietnam is growing and flourishing and the EU wants to boost its trade ties with Vietnam, said the Swedish ambassador to Vietnam, Rolf Bergman.
Domestic steel producers have been warned against raising sale prices, since price increases would pave the way for cheap imported steel products to flock into the domestic market.
As much as VND357 trillion (US$19.8 billion) has been lent to businesses through June 25, under the Government’s interest rate subsidy programme, according to the State Bank of Viet Nam (SBV).
Many companies in Vietnam have raised salaries and recruit more employees despite the impact of the global recession on the domestic economy, according to Navigos Group.
The list of Viet Nam Tourism Award 2008 winners has been released, with many familiar names like Saigontourist, Fiditourist, Ben Thanh – Rex Hotel and De Nhat – First Hotel.
Saigon South is confirming itself as HCM City’s new business and entertainment hub with the launching of the area’s first ever luxury shopping centre.
