Vietnam Business News

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• EU and Vietnam sign aviation agreement, removing nationality restrictions
• Murata manufacturing establishes affiliates in India and Vietnam
• Vietgazprom hits gas flow at second well in Vietnam
• EIB loan for Hanoi Metro
• Vietnam interbank trading rises, O/N rates down 0.71%
• Lao Cai cement plant to increase output
• Energy conservation expo to be held in City
• Work begins on $61m trade centre
• Agroviet 2010 to open in Dong Nai
• High gold price fails to deter shoppers

EU and Vietnam sign aviation agreement, removing nationality restrictions Posted: 04 Oct 2010 09:54 PM PDT The European Union (EU) on Monday announced that it signed an aviation agreement with Vietnamese authorities which will remove nationality restrictions in the bilateral air services agreements between EU Member States and Vietnam. The European Union (EU) on Monday announced that it signed an aviation agreement with Vietnamese authorities which will remove nationality restrictions in the [...]

Murata manufacturing establishes affiliates in India and Vietnam Posted: 04 Oct 2010 09:53 PM PDT Murata Manufacturing has established Murata Electronics (India) Private Limited, a sales company in India, and a sales agent company, Murata Electronics Vietnam Co., Ltd. Both companies begin operation on October 1, 2010. Murata Manufacturing has established Murata Electronics (India) Private Limited, a sales company in India, and a sales agent company, Murata Electronics Vietnam Co., Ltd. [...]

Vietgazprom hits gas flow at second well in Vietnam Posted: 04 Oct 2010 09:52 PM PDT The joint operating company Vietgazprom has completed tests on the second site of test well VGP-113-BV-3X at the Bao Wang structure, Gazprom Zarubezhneftegaz reported in a news release. The joint operating company Vietgazprom has completed tests on the second site of test well VGP-113-BV-3X at the Bao Wang structure, Gazprom Zarubezhneftegaz reported in a news release. According [...]

EIB loan for Hanoi Metro Posted: 04 Oct 2010 09:51 PM PDT The European Investment Bank (EIB) granted, on 4 October, a €73 million loan to the Socialist Republic of Vietnam to finance the construction of a metro line project in Hanoi. The European Investment Bank (EIB) granted, on 4 October, a €73 million loan to the Socialist Republic of Vietnam to finance the construction of a metro [...]

Vietnam interbank trading rises, O/N rates down 0.71% Posted: 04 Oct 2010 09:50 PM PDT Total itrading value of dong and dollar on the interbank market in the week ending September 23 rose by VND10.620trillion to VND93.578 trillion and by $698million to $2,661million, respectively. The State Bank of Vietnam (SBV), the country central bank, on October 4 said that the total trading value of dong and dollar on the interbank market [...]

Lao Cai cement plant to increase output Posted: 04 Oct 2010 09:37 PM PDT The Ministry of Construction (MoC) has approved Lao Cai Cement Factory’s application to increase its capacity from 350,000 tonnes to 450,000 tonnes per year. MoC is mulling a development programme for the Viet Nam cement industry by 2020 and its orientation by 2030, which includes Lao Cai Cement Factory to submit the Government for approval. Viet Nam [...]

Energy conservation expo to be held in City Posted: 04 Oct 2010 09:37 PM PDT The second energy conservation exhibition 2010 (Encon Expo 2010) will take place in HCM City from November 25-28. The exhibition will house 400 stalls featuring 40 foreign enterprises and 200 domestic enterprises showcasing energy-efficient products and renewable energy technologies. The exhibition offers the opportunity for enterprises to promote exchanges, co-operation, find partners and sign business deals.

Work begins on $61m trade centre Posted: 04 Oct 2010 09:36 PM PDT Nguyen Kim Trading Joint Stock Co started construction on a trade centre in Da Nang last week at a cost of VND1.2 trillion (US$61.53 million). The project, covering an area of 155,000sq.m, includes the Da Nang Market, the Nguyen Kim shopping centre and a trade centre complex. The project is expected to be completed before 2014.

Agroviet 2010 to open in Dong Nai Posted: 04 Oct 2010 09:36 PM PDT The Viet Nam International Agriculture Trade Fair will be held in the southern province of Dong Nai from November 3-8. The fair will house 28 stalls showcasing the products, inventions and initiatives of farmers and businesses. It will introduce high-tech equipment and cultivation techniques, help popularise trade names and provide a forum for exchanging experiences and expanding [...]

High gold price fails to deter shoppers Posted: 04 Oct 2010 09:35 PM PDT Demand for gold jewellery on the domestic market has not significantly changed despite the fact that the cost of gold has climbed to its highest ever level, according to industry experts. “In recent days, we have had a large number of customers across the country, ” said General Director of Bao Tin Minh Chau Joint Stock [...]

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