Business

Deputies endorse budget spending

More than 80 percent of National Assembly deputies accepted forecast Government overspending equal to 5.3 percent of Gross Domestic Product when they endorsed next year's budget estimates on Nov. 10.
Society

Hanoi hospital upgrades get approval

The Hanoi People's Committee has approved the spending of almost 41 billion VND (2.09 million USD) to upgrade medical equipment at the Son Tay General Hospital.
Health

NA health seminar held in Central Highlands

The National Assembly (NA) Committee for Social Affairs on September 20 jointly held with the Kom Tum provincial People’s Council a seminar on health care and policies in the central region and the Central Highlands.
Business

Weaker dong sends shares down on both bourses

The State Bank of Vietnam's Aug. 18 decision to depreciate the dong by another 2 percent accelerated the downward slide of shares on both national stock exchanges on the same day, with nearly 80 percent of codes shedding value despite an overnight rise on Wall Street.
PM requests control over price hikes Business

PM requests control over price hikes

Ministries, sectors and localities must take comprehensive measures to control price hikes and closely monitor growing prices of land and houses, said Prime Minister Nguyen Tan Dung.
Business

Techcombank to raise charter capital

Techcombank will offer about additional 149 million shares to existing shareholders in June at a ratio of 27.6 percent, and an additional 4 million shares will be offered to staff, at a price of 10,000 VND per share.
State leader praises Treasury’s performance Business

State leader praises Treasury’s performance

The State Treasury has made important contributions to helping the country overcome the economic crisis last year, said State President Nguyen Minh Triet while lauding the agency’s performance over the past years.
 Gov’t bonds worth 600 billion VND auctioned Business

Gov’t bonds worth 600 billion VND auctioned

The Hanoi Securities Trading Centre announced on Mar. 18 that its bidding session for government bonds worth 1 trillion VND, issued by the State Treasury, has been successful with 600 billion VND being sold.
Business

Work begins on river bridge

Construction on the Ben Thuy II Bridge across the Lam river, linking the two central provinces of Nghe An and Ha Tinh, kicked off on March 14.
Business

Vietnam to aunction 1 trillion VND government bond

Vietnam 's State Treasury will sell government bonds of two-year and three-year government bonds terms and combined value of 1 trillion dong (around 52.4 million USD) on March 18, the Hanoi Stock Exchange (HNX) has announced.
Business

Hanoi Exchange grows to 2 bln USD in market capitalisation

From its humble beginnings five years ago as the Hanoi Securities Trading Centre, the Hanoi Stock Exchange has increased from just six listed shares to a total of 266, representing current market capitalisation of 37.5 trillion VND (2 billion USD).
Society

236.8 mln USD for upgrading and building schools

The government has decided to spend 4,500 billion VND (236.8 million USD) on a project to upgrade and build schools in the country this year, according to a report prepared by the Ministry of Education and Training (MOET).
Society

New school built in Cham ethnic region

Work on the construction of La Chu elementary school kicked off in the Cham-populated Phuoc Huu commune in the central Ninh Thuan province’s Ninh Phuoc district on March 3.
Business

Auditors asked to focus on State budget spending

National Assembly Vice Chairman Uong Chu Luu called on the State audit to scrutinise the efficiency of State budget spending and the use of State property at a conference on the State Audit’s 2010 targets.
Economy bounces back, but faces challenges Business

Economy bounces back, but faces challenges

Vietnam’s economy has recovered, but still faced numerous challenges and difficulties requiring greater efforts to deal with, such as a big trade deficit, high inflation and low budget collection, said a government official.