HCM City queries pricing of Tamiflu

The municipal Department of Health will carry out inspections of all pharmacies to check the pricing and quality of the anti-viral drug Tamiflu next week, according to officials.

Complex tasks to cut losses from grid

Electricity of Vietnam says the goal to reduce annual transmission losses to 8 percent by next year is not feasible because of lack of funds and the complicated nature of the country’s power grid.
Commercial banks racing to pool capital Business

Commercial banks racing to pool capital

Vietnamese commercial banks have, since late July, lifted interest rates on deposits in VND, especially short-term ones, in a bid to mobilise more capital in the remaining months of the year.

New rules made for usage of land

The Ministry of Natural Resources and Environment announced new regulations on August 20 on land usage, land price determination, revoking of land use rights, compensation and support for resettlement.

Shoe exports run short of yearly target

The leather and footwear sector is estimated to earn 4.59 billion USD from export this year, equal to last year’s figure but down 10 percent from its yearly target.

Cham ethnic people to hold Muslim festival

Muslims of the Cham ethnic group in the southern province of Ninh Thuan will celebrate the grand Ramadan festival of the 1430th year of the Muslim calendar from August 19-21.

Vissan to build 39mln USD food processing factory

Vissan Ltd. Co will develop a food processing complex worth 700 billion VND (39 million USD) in the southern province of Long An, pursuant to an investment licence granted by the provincial People’s Committee on August 13.

Thai-invested joint venture to develop townhouses

Thailand’s second largest residential developer, Preuksa Real Estate (PS), is expected to sign a memorandum of understanding this week with the Vietnamese automobile producer Hoang Huy Group to set up a joint-venture to develop town houses in the northern port city of Hai Phong.

Vietnam’s bond market association debuts

The Vietnam Bond Market Association (VBMA) made its debut in Hanoi on August 14, setting the stage to further spur the development of the bond market and other financial tools in the country.

Coffee export volume up, value falls

Coffee export volumes increased in the first seven months of this year but the total value declined, the Ministry of Agriculture and Rural Development has said.

Vietnam’s labour market shows signs of recovery

The labour market is showing signs of recovery as online demand for human resources increased considerably in the second quarter of this year, said Vietnam’s largest job placement website,

Cheap school PC plan starts

The Ministry of Education and Training, in co-operation with information-technology suppliers, on August 6 announced the start of a national programme to supply one million computers at favourable prices to Vietnamese schools by 2011.