ASEAN Secretary General Surin Pitsuwan
has assured Thailand’s readiness to host the upcoming 15th ASEAN
(Association of Southeast Asian Nations) Summit and related meetings.
The Song Hong Corporation under the
Ministry of Construction will make an initial public offering (IPO) of
30 million shares via the Hanoi Stock Exchange (HNX) on November 5.
Vietnam’s exports are on track to
bounce back, not just only because of the government’s management
policy, but also due to the efforts of various state run enterprises,
said an official from the European Chamber of Commerce (EuroCham).
The Director of EuroCham’s Hanoi Office, Matthias Duehn, said at a
seminar to promote exports in Hanoi on Oct. 12, that despite having
faced many difficulties resulting from the global economic crisis,
particularly in exports, Vietnam is likely to post a GDP growth rate of
5 percent this year.
PM Nguyen Tan Dung pledged
to pay special attention to encouraging international IT and its
applications, to create a dynamic IT market before a forum in
Hanoi.
Officials from several agencies of the
member countries of the Greater Mekong Sub-region (GMS) are gathering
in Phnom Penh, Cambodia, to discuss the development of energy in the
sub region.
Janakuasa Company, a leading investor
in Malaysia in the energy sector, has granted a check of 100,000 USD to
the southern province of Tra Vinh, where the company is scheduled to
invest in a 1.5-billion-USD power plant.
Vietnam will continue to be a priority recipient of Canada ’s
official development assistance (ODA) and Canada will send a delegation
to Vietnam early next year to help ODA projects get going.
The Ho Chi Minh City People’s Committee has endorsed a 200
billion VND budget for its climate change response plan.The Ho Chi Minh City People’s Committee has endorsed a 200
billion VND budget for its climate change response plan.
Vietnam disbursed 1.7 billion USD of
ODA in the first nine months of 2009, meeting 90 percent of the year’s
target, according to the Ministry of Planning and Investment (MPI).
The Ministry of Industry and Trade
forecasts that export earnings from farm-forestry-aquatic products will
face a slight decrease of 6 percent to stand at 12.4 billion USD for
the whole year.
The Vietnamese economy has stabilised and is now on track to recover
from the global financial crisis, said Asian Development Bank President
Haruhiko Kuroda.
He made the remarks at a conference entitled “The Impact of the Global
Economic Slowdown on Poverty and Sustainable Development in Asia and
the Pacific”, the first of its kind in the region, in Hanoi on
September 28.
Website iStockAnalyst.com, the flagship
product of Oregon based corporation Wall Street Tools LLC, has advised
US investors to consider Market Vectors Vietnam (VNM) as the best
option out of the five recently launched international exchange traded
funds (ETFs).
Vietnam follows a consistent policy
that protests against arms race and supports for multilateral
cooperation, especially the United Nations’ role, in solving the
existing global issues.
A Communist Party of Vietnam (CPV)
delegation led by its External Affairs Commission’s Permanent Deputy
Head, Pham Xuan Son, attended a recent International Conference of
Asian Political Parties (ICAPP).
XIII National Congress of Communist Party of Vietnam
