Tougher rules for steel projects
Steel industry investment projects must meet certain requirements
issued by MoIT.
Can Tho calls for investment in industry, infrastructure
The Mekong Delta city of Can Tho is
calling upon domestic and foreign investors to get involved in 18
projects across five sectors, including industry, trade, transport,
urban infrastructure and tourism.
Declining blue chips torpedo gains
Continued mixed trading kept the VN-Index largely unchanged on Aug. 27,
ending the day’s session up just 0.21 percent at 527 points.
Vietnam increases its investment in Laos, Cambodia
By June 2009, Vietnamese businesses had invested in 186 projects in
Laos, the third highest amongst foreign investors in the country,
according to statistics provided by the Lao Ministry of Planning and
Chevron wants to be Vietnam’s reliable partner
Chevron Corporation, the second biggest US energy company, wants and
hopes to be a reliable partner of the Vietnamese Government and people,
affirmed General Director of Chevron Vietnam Hank Tomlinson.
Top 200 companies earn Golden Stars
Two hundred top companies will be recognised in the seventh annual
Vietnam Golden Star Awards in a ceremony in Hanoi next week, Vietnam
Young Business Association vice chairman and general secretary Nguyen
Manh Cuong announced in a press conference in Hanoi on Aug. 26.
Work starts on Vung Ang power plant
Construction of the 1.17 billion USD
Vung Ang No.1 thermo electric power plant began in the central province
of Ha Tinh on Aug. 27.
Ministry puts forward measures to boost exports
Organising trade promotion campaigns
and expanding the country’s markets to areas that have suffered less
from the global financial crisis are just two of the major initiatives
put forward by the Ministry of Industry and Trade (MoIT) to boost
exports from now to the end of the year.
Industrial production value continues to grow
Vietnam posted an increase of 5.6
percent in its industrial production value to top 443 trillion VND in
the past eight months of this year, according to the General Statistics
Transport development plan given the go-ahead
The Prime Minister has approved a
national master plan to develop the country’s road transport network by
2020 with a view towards 2030.
BNP Paribas up stake in local bank
The French bank BNP Paribas (BNPP) will
raise its stake in the Orient Commercial Bank (OCB) from 10 percent to
15 percent following a recently-signed agreement between the two sides.
August sees Hanoi attract many big projects
Hanoi attracted many huge projects in
August, with a total investment of 5.4 trillion VND (over 302 million
USD), the municipal statistics department has reported.
World asset manager views Vietnam as next Asian tiger
Following the footsteps of Japan, the
Republic of Korea and China, Vietnam may be the next Asian
tiger, said co-chief investment officer of Cogo Wolf Asset
New border bridge brings in waves of investors
Even though the inauguration of Kim
Thanh bridge, scheduled for Sept. 2, is still days away, as many as 50
investors have already registered to lease lots of land at the Kim
Thanh trade centre on the border with China
VN-Index off slightly on heavy trading
The VN-Index closed off 0.55 percent on
August 26 to 525.95, as profit-taking continued to keep a lid on gains
on the HCM Stock Exchange.
High credit ratings win awards for 20 companies
Twenty companies listed on the country’s two stock exchanges received awards on August 26 for achieving high credit ratings.
Trade exhibitions promote leather, shoes and building
Two international exhibitions, one on
shoes and leather and the other for construction, open at the Saigon
Exhibition and Convention Center (SECC) on August 27.
Dry seafood exports up in seven months
Dry seafood is the sole staple of the
seafood export mechanism that recorded a comprehensive growth rate in
both volume and value, reported the Vietnam Seafood Exporters and