Vietnam Business News

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• More employed through job centres
• 2nd Annual Vietnam Telecoms Growth Forum 14 Sep 2010
• Alcatel-Lucent to Deploy First End-to-end IMS Network in Vietnam
• Korean group wishes to invest in thermo power plant in Vietnam
• Ground-breaking ceremony held for Trung Quan bridge project
• HUD Holdings unveils Anh Duong complex work in Da Nang
• Two bourses suddenly slump in last session of this week
• Low demand prompts airlines to cut fares, drop service
• Footwear, apparel turn to high-value orders
• Joint venture plan for Phu Bai Airport

More employed through job centres Posted: 10 Sep 2010 12:51 AM PDT About 224,000 people have been employed through job placement centres each year during the 2006-2010 period, a rise of five percent compared with 2005, reported the Ministry of Labour, Invalids and Social Affairs (MoLISA). At a seminar to assess the effectiveness of job centres on Sept. 9, MoLISA's Deputy Minister Nguyen Thanh Hoa said that information [...]

2nd Annual Vietnam Telecoms Growth Forum 14 Sep 2010 Posted: 10 Sep 2010 12:47 AM PDT The National Institute of Information and Communications Strategy (NIICS) along with Frost & Sullivan will be once again hosting the – 2nd Annual Vietnam Telecoms Growth Forum. Held at the Sofital Plaza Hanoi, the summit will be in session from 9am – 5pm on 14 September 2010. Themed, "Maximizing Growth Opportunities in Vietnam", the conference will [...]

Alcatel-Lucent to Deploy First End-to-end IMS Network in Vietnam Posted: 10 Sep 2010 12:47 AM PDT Alcatel-Lucent says that it has signed a contract with Vietnam Posts & Telecommunications Corporation Group (VNPT) and its subsidiary Vietnam Telecom National (VTN), to deliver its end-to-end IP Multimedia Subsystem (IMS) solution. This is the first IMS project to be deployed in Vietnam. “VNPT/VTN is entering a major network transformation era. We are investing in our [...]

Korean group wishes to invest in thermo power plant in Vietnam Posted: 10 Sep 2010 12:45 AM PDT Early this week, Lee Daebong, chair of the South Korea-based Charmvit Group revealed that his group was planning to invest in a thermo power plant in Vietnam. “We were waiting for adjustment in power selling mechanism from Vietnam’s ministry of industry and trade that allows the power generators to adjust the sales price for distributors [...]

Ground-breaking ceremony held for Trung Quan bridge project Posted: 10 Sep 2010 12:45 AM PDT Quang Binh province department of transport has started construction on Trung Quan Bridge over Kien Giang River. The bridge is situated in two communes of Duy Ninh and Tan Ninh, Quang Ninh Dist, Quang Binh province. The total investment capital is estimated at 90 billion dong. Railway Construction Joint Stock Co and Tuong Minh Construction and [...]

HUD Holdings unveils Anh Duong complex work in Da Nang Posted: 10 Sep 2010 12:44 AM PDT The Vietnam Housing and Urban Development Holdings Group (HUD Holdings) held a meeting of appraisal for Anh Duong complex work’s planning in Da Nang province. The 21,800 square metre work will have 40 storeys with about one thousand high standard apartments, and a five star hotel, next to Son Tra – Dien Ngoc Sea. Aedas, a Global [...]

Two bourses suddenly slump in last session of this week Posted: 10 Sep 2010 12:41 AM PDT The two indexes suddenly dropped by the end of the session because of offloading pressure. The VN Index returned to threshold of 450 points. After the first trading session, the index of Hochiminh Stock Exchange (STC) dipped 0.2 point or 0.04 percent to 463.48 points with total trading volume of over 3.3 million shares worth 79 [...]

Low demand prompts airlines to cut fares, drop service Posted: 10 Sep 2010 12:36 AM PDT Decreasing demand for air travel after the summer rush has forced Vietnam Airlines to slash its fares and Jetstar Pacific to suspend its daily service between Hanoi and Nha Trang which was launched in early June. Vietnam Airlines on Monday announced that it would knock more than 50 percent off the fares for many domestic flights [...]

Footwear, apparel turn to high-value orders Posted: 10 Sep 2010 12:35 AM PDT Many local footwear and garment exporters have begun to go for orders for high-value items given a growing shortage of labour. “Many enterprises are facing labour shortages, so they are choosing orders for products of high quality and value,” Diep Thanh Kiet, vice chair of the Vietnam Leather and Footwear Association (Lefaso), told the Saigon Times. Kiet [...]

Joint venture plan for Phu Bai Airport Posted: 10 Sep 2010 12:35 AM PDT The government has told the Ministry of Transport to submit a joint venture plan involving foreign investment in developing Phu Bai International Airport in Thua Thien-Hue Province. Last month, the province wrote to prime minister Nguyen Tan Dung, asking him to urge the ministry to finalise the joint venture plan for the 527-hectare airport in the [...]

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