Business

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Harnessing the spirit of enterprise

Harnessing the spirit of enterprise
In the five years since Vietnam’s accession to the World Trade Organisation, the country has reaped a bumper harvest. However, much work remains to done if the country is to become more competitive in the face of global challenges, writes Prof. Nguyen Mai, Vice Chairman of the former State ... ...more

More than VND 900 billion spent on reserving goods for Tet holiday

More than VND 900 billion spent on reserving goods for Tet holiday
Aiming to meet the demand of people in the capital city of Hanoi during the Lunar New Year 2012 (Tet holiday), the Hanoi Trade Corporation (Hapro) spent VND 905 billion stockpiling goods, a 15 ... ...more

Foreign investors eye Vietnam’s health

Foreign investors eye Vietnam’s health
With its large population, Vietnam is recognised as a potential market offering many opportunities for foreign investors in medicine and health care. The comment was made by Allan Yeo, Chief Executive of the Happy Hospital under Singapore’s Thomson Medical Centre, which ... ...more

Vietnam’s consumer confidence index drops sharply

Vietnam’s consumer confidence index drops sharply
Vietnam’s consumer confidence index fell sharply in the second half of this year, according to the results of a survey by MasterCard Worldwide released on August 1. Vietnam’s consumer confidence index fell sharply in the second half of this year The survey, ... ...more

July’s trade deficit at USD200 million

July’s trade deficit at USD200 million
Gold exports have helped Vietnam keep trade deficit in July at USD200 million, up just USD40 million in comparison with last month. Illustration photo According to the General Statistics office, Vietnam’s exports in July are estimated at USD8.4 billion while imports are ... ...more

Dung Quat oil refinery sells first batch of jet petrol

Dung Quat oil refinery sells first batch of jet petrol
The Dung Quat Oil Refinery on July 17 sold 3,000 cu.m of jet petrol (Jet A1) to the Vietnam Air Petrol Company Limited (Vinapco) to serve flights of the national flag carrier, Vietnam Airlines. General Director Nguyen Hoai Giang ... ...more

Vietnam wins WTO anti-dumping case against US

Vietnam wins WTO anti-dumping case against US
Vietnam scored a victory Monday in its first challenge at the World Trade Organization against the United States over anti-dumping measures imposed by Washington on frozen shrimps. The trade watchdog found that Washington's use of the so-called zeroing method to calculate dumping margins were "inconsistent" ... ...more

Vietnam urged to fix false commercial practice

Vietnam urged to fix false commercial practice
Large quantity and low quality of commercials have pushed the government to tighten control on the media, but there’s yet to have a measure agreed upon. The Authority of Broadcasting and Electronic Information at the Ministry of Information and Communication has recently sent a statement to radio and television stations ordering “urgent checking of commercials on the stations involved Happy Shopping products.”... ...more

WB commits to hydropower development in Vietnam

WB commits to hydropower development in Vietnam
The World Bank (WB) signed an agreement to fund $330 million for the first Vietnamese hydropower project to be built with their funding in the last decade. Victoria Kwakwa and Nguyen Van Giau at the signing ceremony. The agreement ... ...more

Government pledges strict monetary policies next year

Government pledges strict monetary policies next year
Tight monetary and fiscal policies will be prioritised in 2012 in order to continue taming inflation, stabilise the Vietnam dong and heighten foreign currency reserves, said Prime Minister Nguyen Tan Dung. Vietnam expects 6.5% GDP ... ...more
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