The Ministry of Finance is conducting a
price inspection of several basic commodities, especially in big
cities, in a move to prevent unreasonable price rises.
The International Monetary Fund is
building a new credit mechanism for use in case of a global financial
crisis, IMF deputy managing director Naoyuki Shinohara said on March 12.
The G-20, which groups the world’s leading developed and developing
economies, pledged to triple IMF capacity of lending to 750 billion USD
to help the institution supply financial sources to the global economy
if another economic or financial crisis occurs.
The use of nuclear energy for peaceful
purposes as a way to combat climate change has emerged as a main topic
at an international conference that opened in Paris on March 8.
The Vietnam Water Supply and Sewerage
Association (VWSA) on March 9 held its 6th Steering Committee Meeting
in the southern province of Binh Duong to map out measures to reduce
water prices and improve water resources.
Tenants in Ho Chi Minh City can
register for electricity supply independent of their landlords under a
new regulation passed by the city to safeguard lessees from being
gouged by house owners.
Vietnam and Laos have agreed to
jointly conduct a feasibility study on construction of the Nammo
hydropower plant, a critical project to ensure local supply and energy
export to Vietnam.
More than 2,000 of the 2,300 households
in Yen Phong commune in northern Ninh Binh province now have access to
potable water thanks to loans provided by the Bank for Social Polices,
according to Pham Quoc Tuan, vice chairman of the commune People’s
Committee.
When being in a strange place halfway around the world from home, feeling the
icy coldness of a heavily snowy day when temperature falls 30-40 degrees Celsius
below zero, hearing a strange voice in your own language is just enough to warm
you up.
The Australia and New Zealand Banking
Group (ANZ) on March 2 announced a new strategy to become the leading
foreign bank in the Greater Mekong Sub-region (GMS) countries of
Vietnam , Cambodia and Laos .
The State Bank of Vietnam has removed
the interest-rate cap on medium- to long-term loans, a move expected to
end a two-year struggle by banks to maintain liquidity.
Vietnam always considers India a
strategic partner and an indispensable part of the world’s current
development as the country has actively participated in regional and
international forums.
The northern provinces need about 2
billion fish of various types for aquaculture cultivation this year,
but they are facing a shortage of supply because of cold weather.
Demand for retail space in Vietnam's
large cities is expected to soar in 2010 after the country officially
opened the door to international retailers and agreed to abide by WTO
commitments.
More international retailers, brands
and franchises would be present in Vietnam this year, said CB Richard
Ellis Co Vietnam (CBRE), a real estate consulting firm. In recent
months, international brands have scrambled to secure scarce retail
space in downtown commercial centres while restaurant chains are being
opened on major streets nationwide.
Job agencies in Hanoi are seeing an increasing demand for housekeepers from
families that have lost their aides after the year's biggest holiday break, Tet.
State President Nguyen Minh Triet has
urged the health sector to expand its grassroots network, providing
services to all people, including those in remote areas.
Exploration success is on the rise in Vietnam, with a growing number of
international oil companies (IOCs) teaming up with PetroVietnam and finding and
developing hydrocarbon resources, particularly gas.
The online job market continued to
recover with the rise in labour demand indexes in the fourth quarter of
2009, according to Vietnam’s largest online job services website
VietnamWorks.com.
VietnamWorks.com’s report said
that the online labour demand index in the fourth quarter of 2009 rose
by 5.2 percent against the previous period. Retail sales,
accounting/finance, administrative/secretarial, information
technology-software and marketing had the highest demand for employees,
said the report.
The HCM Stock Exchange on February 24 saw increased trading, but the VN-Index
nevertheless slid by another 0.34 percent to a close of 494.59 points, with over
60 percent of codes losing value over the course of the session. Meanwhile,
shares rebounded on the Hanoi market.
The State bank of Vietnam’s surprise move in the final days before the Tet
(lunar New Year) holidays to devalue the dong by another 3.3 percent has had a
positive effect in narrowing the gap between official and black market exchange
rates.
XIII National Congress of Communist Party of Vietnam
