Vietnam wishes to double two-way trade with India
Vietnam wants to double its bilateral
trade with India to 5 billion USD in the next three years, said a
RoK - potential market for Vietnam’s cuttlefish
The Republic of Korea (RoK) has emerged
as one of the largest importers of Vietnamese cuttlefish and octopus
despite the tough import requirements.
Ben Tre clam fishery receives Stewardship certification
The clam fishery in the Mekong Delta
province of Ben Tre has received Marine Stewardship Council (MSC)
certification for meeting the organisation’s sustainability and
Moc Chau dairy company insures cow, milk prices
The Moc Chau Dairy Cow Breeding Joint
Stock Company is deploying a programme to insure milk and milk-cows in
the northern province of Son La to help local farmers stabilise
Japan lends VN 120 billion JPY during 2009 fiscal year
Japan has pledged to provide official
development assistance (ODA) loans worth nearly 120 billion JPY (1.3
billion USD) in total for Vietnam during the 2009 fiscal year.
Vietnam Challenge Fund officially debuts
The Vietnam Challenge Fund (VCF) officially got underway in Hanoi on November 10 with a total capital of 3 million USD.
Exhibition of electrical equipment opens in Hanoi
The second international exhibition of electrical technology and equipment (Vietnam Ete 2009) opened in Hanoi Nov. 10.
Global gold price rise power domestic high
Domestic gold continued smashing its
record value, registering a high of 26.85 million VND per
tael, buoyed by speculation and the fast increase of gold prices on the
UK opposes EC anti-dumping duties extension on Vietnam shoes
Extending anti-dumping duties against
footwear from China and Vietnam puts Europe's long-term commercial
relations with both countries at risk, UK business secretary Peter
Mandelson has warned.
Stock market limps into new week
The VN-Index lost 3.75 percent in Nov.
9’s trading on the HCM Stock Exchange, shedding 20.79 points from the
previous Friday’s close to end the day at 534.09.
NA scrutinises State corporations
The country’s 90 State-owned groups and
corporations contributed 40 percent of the national GDP from
2006-08, but inefficient management of capital and State assets has
reduced their productive potential.
Domestic garment makers turn to home customers
A series of high-grade products pinned
with the Viet Tien, Garment 10 and An Phuoc trademarks for export are
now being showcased at stores in the Vinatex chain to lure domestic
The Viet Tien Company has hired out the
entire first floor, thousands of sq.m. large, of the Vinatex outlet at
No. 25 Ba Trieu street , Hanoi , to display its products.
Sacombank securities opens in Singapore
The Saigon Thuong Tin Commercial Bank
Securities Company (Sacombank-SBS) has opened an affiliate in Singapore, the first ever for a Vietnam ’s securities company in a foreign
Ben Tre revokes two RoK licences
Chairman of the southern Ben Tre
provincial People’s Committee Nguyen Thai Xay on November 5 signed a
decision to revoke the investment licences of two Republic of Korea
(RoK) companies because they have not yet implemented their projects as
Credit growth slows as year ends
There will not be a surge in credit
growth from now through year’s end as commercial banks are facing
difficulties in mobilising capital, Deputy General Director of Lien
Viet Commercial Joint Stock Bank Doan Van Thang has said.
Spanish businesses keen on HCM City’s metro project
Spanish businesses are interested in
the underground and urban railway construction projects in Ho Chi Minh
City , said Vice President of the Confederation of Employers and
Spanish Industries (CEOE) Jesus Banegas.
Contract signed to maintain Dung Quat’s pumping facility
Almost 4.8 million USD will be spent on
the maintenance of the SPM, an off-shore facility used to pump crude
oil from tankers to Dung Quat Oil refinery in the central province of
Quang Ngai .
Thailand, Vietnam forge stronger ties in rice exports
The Thai government is preparing to
organise a ministerial meeting between Thailand and Vietnam at the
beginning of next year to forge stronger ties in the rice market, local
media reported on November 8.