Electronics industrial clusters to be piloted Business

Electronics industrial clusters to be piloted

The Ministry of Planning and Investment has instructed localities to review and report on the development of industrial zones with investment projects in the electronics industry with a scale starting from 20 million USD.
Business

Stocks soar on blue chip gains

The VN-Index soared to a five-year high of 607.73 points on August 5, up 1.45 percent over the previous day. The rise was again due to rallies made by blue chips.
Business

VNPT restructuring for sustainable telecom development

The Ministry of Information and Communications is determined to restructure telecommunications businesses this year including splitting the mobile service provider MobiFone from the Vietnam Posts and Telecommunications Group (VNPT) and establishing a mobile information corporation, reported the online Vietnam Economic News.
Third TIFA meeting: progress in VN-US trade relations Business

Third TIFA meeting: progress in VN-US trade relations

A ministerial meeting of the Vietnam-US Trade and Investment Framework Agreement (TIFA) Council closed in Washington on May 23 with an agreement on access to each other’s market for several mutually-supplementary agricultural products.
Business

Software giant targets 1.2 billion USD in revenue

Software giant FPT has announced a revenue target for 2010 of nearly 23 trillion VND (1.2 billion USD) in 2010, an increase of 23 percent over 2009 totals, as well as a profit target of 2.1 trillion VND (110 million USD), representing an increase of 25 percent.