Business

Drug industry targets growth

The pharmaceutical industry wants to meet 60 percent of market demand by 2010 by producing specialised medicine and improving its distribution network, according to the Drug Administration Department.

Most drugs produced locally are low-priced generic products, the department said.
Business

EU vote bodes well for Vietnamese shoes

The European Union (EU)’s anti-dumping advisory committee did not agree on a proposal to extend anti-dumping duties on Vietnamese leather-capped shoes, with 15 countries voting against it.
Culture - Sports

Music festival to welcome home Vietnamese expats

A musical festival entitled Vietnam, Que Huong Toi (Vietnam, My Homeland) will be held in Hanoi between November 22 and 24 at the National Convention Centre to celebrate the first conference of overseas Vietnamese taking place on November 21.
Business

VietinBank launches new online payments service

The Vietnam Joint Stock Commercial Bank for Industry and Trade (VietinBank) in coordination with OnePay, a distributor of online payment services, has launched a trial run of online payment services by E-partner cards.
Business

Economic recovery begins, caution still key: experts

Experts have recognised signs of recovery in Vietnam’s economy but are still warning the country to remain cautious in executing economic policies to ensure growth will not cause an imbalance in the macro-economy.
Business

VN-Index falls on uncertainty

Unfavourable moves in global markets and uncertainty over the second Government stimulus package drove the VN-Index down 3.06 percent or 18.37 points to 581.49 points, after a slight rebound on October 28.
Business

Sacombank Securities prepares for IPO

Sacombank Securities, an affiliate of the HCM Stock Exchange-listed Sacombank, will make its initial public offering (IPO) next month, offering 38.3 million shares.
Politics

Vietnam attends 121st IPU Assembly in Geneva

The 121st meeting of the Inter-Parliamentary Union (IPU) Assembly opened in Geneva, Switzerland, on October 19, bringing together around 1,000 delegates from 153 member and associated nations.