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Quang Tri to host mid-year consultative meeting
Written by Dailynews.vn Thursday, 17 May 2012 17:43
The Consultative Group (CG) for Vietnam will hold its mid-year meeting
in Dong Ha city, the central province of Quang Tri on June 4-5.
The World Bank Vietnam announced on May 16 that the meeting will focus
on three topics: a macro-economic update for Vietnam ; breakthroughs
and challenges in poverty reduction and major challenges in the
application of poverty reduction...
Public debt management talks at conference
Written by Dailynews.vn Thursday, 17 May 2012 17:43
An international conference on public debt management took place in Hanoi on May 16.
Jointly held by Vietnam ’s Ministry of Finance, World Bank (WB) and
International Monetary Fund (IMF), the conference drew the attention of
leaders of ministries, sectors, people’s committees of cities, provinces
nationwide and local financial departments, together with experts on
de...
Blue chips send shares tumbling
Written by Dailynews.vn Wednesday, 16 May 2012 22:43
Profit-taking continued during May 15 session, with shares ending in the red at lower trading value.
On the HCM Stock Exchange, the VN-Index shed 3 percent, finishing at 455.65 points.
Market value decreased by 20 percent compared to May 14's level,
totalling nearly 1.6 trillion VND (76.1 million USD) on a volume of
nearly 97.2 million shares.
Only Sacombank (STB) amongst
...
Hai Phong industrial zones enjoy healthy FDI injection
Written by Dailynews.vn Wednesday, 16 May 2012 22:43
Industrial zones in northern Hai Phong City attracted nearly
908 million USD in foreign direct investment (FDI) by the end of April, a
20-time increase on last year, according to the Hai Phong Economic Zone
Authority (Heza).
Since the beginning of this year,
large investments have been poured into the city's industrial zones,
affirmed Heza's Deputy Director Mai Xuan Hoa...
Vietnam successfully launches second satellite
Written by Dailynews.vn Wednesday, 16 May 2012 22:43
Vietnam ’s second satellite, the VINASAT-2, was successfully sent into
orbit from Kourou in Guyana , South America, at 5:13 am on May 16 (
Vietnam time).
After just over 30 minutes, the satellite separated from the Ariane 5 rocket and went into orbit at 131.8 degrees east.
Along with VINASAT-2, a Japanese satellite, the JCSAT-13, was also launched.
Watching the...
China keen to cooperate in Thailand’s high speed rail projects
Written by Dailynews.vn Wednesday, 16 May 2012 02:43
China has expressed enthusiasm to cooperate with Thailand in the
construction of the Bangkok-Chiang Mai and Bangkok-Nong Khai high speed
rail projects, said the Thai Ministry of Transport.
Thai Deputy
Transport Minister Chatchart Sithipan said that Wang Shengwen,
Director-General of the Department of Outward Investment and Economic
Cooperation under the Commerce Ministry of ...
UNESCAP: Populism pushes Thai food prices up by 5 percent
Written by Dailynews.vn Wednesday, 16 May 2012 02:43
A United Nations agency has estimated that food prices in Thailand
will skyrocket by 5 percent this year as a result of the country's
populist policy and natural disaster.
The United
Nations Economic and Social Commission for Asia and the Pacific
(UNESCAP) indicated that the rising food prices, which Thailand and
other Asia-Pacific countries are currently facing, have...
Rice farmers enjoy benefits government
Written by Dailynews.vn Wednesday, 16 May 2012 02:43
From July 1 this year, the Government will provide subsidies to rice
farmers if their crops are damaged due to natural disasters, in addition
to their regular annual subsidies.
This is regulated in Government Decree No 42/2012 ND-CP signed by Prime Minister Nguyen Tan Dung on May 11.
Under the decree, the Government will subsidise 70 percent of the cost
of fertiliser and pesti...
Da Nang to call for tourism investment
Written by Dailynews.vn Wednesday, 16 May 2012 02:43
Da Nang has been soliciting the investments of Italian businessmen,
Chairman of the city's People's Committee Van Huu Chien said in a
meeting on May 14 with Italian ambassador to Vietnam Lorenzo Angeloni.
"We expect to see more Italian enterprises invest in the city in coming
years. Our six industrial zones and a hi-tech park have already
welcomed 210 projects worth 3 billion U...
Mobile phone, accessory exports hit new highs
Written by Dailynews.vn Wednesday, 16 May 2012 02:43
Exports of mobile phones and spare-parts topped 3 billion USD in the
first four months, a 161.5 percent increase year-on-year to place the
industry second after garments and textiles in Vietnam's top 10 in
export value.
Customs statistics show that mobile phone
and spare-parts exports previously reached 300-400 million USD a month
but since July last year they have risen strongl...
An Giang fair boosts trade ties with Cambodia
Written by Dailynews.vn Wednesday, 16 May 2012 02:43
The 2012 Mekong Delta Trade-Tourism and Investment Trade Fair at the
Xuan To Industrial Zone in Tinh Bien District, in the Mekong delta
province of An Giang ended on May 14 after six days.
As part of the trade promotions programme in border areas, the fair is
the foremost trade promotion in An Giang province in 2012.
It
has also created many opportunities for busine...
PTSC subsidiary wins contract for drilling rigs
Written by Dailynews.vn Wednesday, 16 May 2012 02:43
The PTSC Mechanical and Construction Company limited (PTSC M&C), a
subsidiary of Vietnam’s Petroleum Technical Services Corporation (PTSC)
has won a contract worth 113 million USD to build the topside
structure for Thang Long and Dong Do drilling rigs.
The contract was awarded to PTSC M&C on May 14, by the Lam Son Joint
Operating Company ( LSJOC) , a joint ...
More Russian tourists visit Da Nang by air
Written by Dailynews.vn Wednesday, 16 May 2012 02:43
The second chartered flight from Russia with 150 tourists onboard arrived in the central Da Nang city on May 15.
Earlier, on May 12, the first chartered flight from Novosibirsk city of Russia landed in Da Nang international airport, carrying 140 Russian visitors on board.
The third flight will arrive in Da Nang on May 16.
Apart from tourists to Da Nang, Hoi A...
EU approves PCA signing with Vietnam
Written by Dailynews.vn Wednesday, 16 May 2012 02:43
Representatives from 27 member countries of the European Union (EU)
approved the signing of a partnership and cooperation agreement (PCA)
with Vietnam at the EU Foreign Ministers Meeting, on May 14 in
Brussels , Belgium .
Consisting of 8 chapters and
65 articles, the PCA defines basic principles in Vietnam-EU
relationships, while specifying a comprehensive cooperation fr...
Malaysia helps develop VN wind energy sector
Written by Dailynews.vn Tuesday, 15 May 2012 07:43
Timar Wind Solar Energy Malaysia and Ninh Thuan provincial People’s Committee signed a memorandum of understanding (MoU) on investment cooperation in the central province on May 14.
Under the MoU, Timar will invest in development of new technology in the renewable energy sector in Ninh Thuan, with a total capital of 800 million USD. It is expected to finish all procedures and start ...
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