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Ketsana claims 92 Vietnamese lives

Society

Ketsana claims 92 Vietnamese lives

By October 1, the death toll from typhoon Ketsana in Vietnam’s central and Central Highlands provinces had risen to 92 people, with 19 people still missing and 199 injured.

Storm claims 26 lives in central region

Society

Storm claims 26 lives in central region

At least 26 people in central provinces have died in severe flooding caused by typhoon Ketsana, the ninth tropical storm to hit Vietnam this season, according to preliminary estimates.

Vietnam, Kuwait centre cooperation on energy

Politics

Vietnam, Kuwait centre cooperation on energy

Vietnam will be a partner in which Kuwait can trust, to boost cooperation centring on energy, said President Nguyen Minh Triet while receiving Kuwaiti Minister of Oil and Minister of Information Ahmad Al-Abdulla Al-Ahmad Al-Sabah in Hanoi on Sept. 21.

ADB revises up Vietnam’s GDP projection to 4.7%

Business

ADB revises up Vietnam’s GDP projection to 4.7%

The Asian Development Bank (ADB) on September 22 revised up its GDP growth forecast for Vietnam for 2009 from 4.5 percent projected in March this year to 4.7 percent and maintained its projected growth of 6.5 percent for 2010.

The projections are part of the Asian Development Outlook Update 2009 which lowered its 2009 growth forecast for Southeast Asia to 0.1 percent from 0.7 percent and upgraded its economic growth forecast for 2009 in East Asia and South Asia to 4.4 percent and 5.6 percent respectively.

Hanoi exchange launches bonds market

Business

Hanoi exchange launches bonds market

The Hanoi Stock Exchange on Sept. 24 will inaugurate a new bond market for Government bond trading, in an effort to promote transparency and gradually develop it as an effective investing channel.

Russia’s Lukoil fuels Petrolimex

Business

Russia’s Lukoil fuels Petrolimex

Russia’s largest non-State oil company Lukoil will fuel the Vietnam Petroleum Import-Export Corporation (Petrolimex) with 500,000-600,000 tonnes of diesel oil every year under a long-term contract beginning in 2010.