Vietnam Business News
Vietnam Business News |
- 50 richest women in 2010 on Vietnam’s stock market
- Vietnam’s knowledge economy index remains low despite rapid growth, experts
- Jewellery trade makes strong rise despite high gold price
- Less optimistic, Vietnamese firms still upbeat in 2011
- Real estate and high interest rates attract remittances
- Troubled shipbuilder’s default hinders Vietnamese bond sales
- Stricter standards for Ho Chi Minh City pharmacies
- Policies have key role in attracting investment
- NA agrees to issue VND45 trillion in gov’t bonds
- State Bank denies increased capital reserve ratio rumours after shares slide
50 richest women in 2010 on Vietnam’s stock market Posted: 07 Jan 2011 09:25 PM PST Holding the volume of shares worth 2,340 billion dong, Pham Thu Huong has topped the list of the 50 richest women on the stock market released by VnExpress newspaper for 2010, though Huong’s stock assets’ value remains to be lower than the 2009 richest woman’s. Huong is now holding 17.5 million VIC (Vincom) shares and 15 [...] |
Vietnam’s knowledge economy index remains low despite rapid growth, experts Posted: 07 Jan 2011 09:24 PM PST Vietnam has a high growth rate but not high quality amid its environmental pollution, complicated climate change, weak manpower, and low quality of life. A series of above factors are Vietnam’s disadvantages which experts, agencies and local governances upbeat at the third conference on national sustainable development held January 6. They are also reasons requiring Vietnam [...] |
Jewellery trade makes strong rise despite high gold price Posted: 07 Jan 2011 09:23 PM PST Major gold jewellery makers have reported strong business in 2010 though high gold prices have dragged the local purchasing power. Phu Nhuan Jewellery Co. (PNJ) said its 2010 revenue surged by one-third compared with its 2009 revenue of VND2.55 trillion, while its net profit also increased 19 percent. Jewellery trade made up more than 55 percent [...] |
Less optimistic, Vietnamese firms still upbeat in 2011 Posted: 07 Jan 2011 09:23 PM PST Though Vietnamese private firms are slightly less optimistic about business outlook in 2011, 62 percent compared to 72 percent a year ago, the country still ranked 16th in business optimism in a recent survey over 39 economies worldwide. This is significantly higher than the global average of +23 percent and higher than the Asia Pacific (excluding [...] |
Real estate and high interest rates attract remittances Posted: 07 Jan 2011 09:22 PM PST Vibrant real estate market and high US dollar saving rates made the remittances transferred into Vietnam in 2010 exceed nearly $2 billion against the year’s target. In 2010, the total inward remittance sent to Vietnam reached over $8 billion, up 25.6 percent from the previous year and exceeding the initial target of $6 billion. Almost commercial banks [...] |
Troubled shipbuilder’s default hinders Vietnamese bond sales Posted: 07 Jan 2011 09:21 PM PST State-owned Vietnamese firms have failed to sell overseas bonds after troubled Vietnam Shipbuilding Group (Vinashin) defaulted on foreign debt repayment, companies and economists said Thursday. Truong Huy Cuong, a spokesman for the PetroVietnam Group (PVN) said the company halted a 1 billion-dollar overseas bond sale planned for the fourth quarter in 2010. The company would try and [...] |
Stricter standards for Ho Chi Minh City pharmacies Posted: 07 Jan 2011 09:20 PM PST Pharmacies in Ho Chi Minh City that fail to meet with Good Pharmacy Practices (GPP) standards will no longer be allowed to sell prescription drugs in 2011. Deputy Minister of Health, Cao Minh Quang, made the statement at a recent meeting addressing the issue in Ho Chi Minh City on January 6. At the end of 2010 [...] |
Policies have key role in attracting investment Posted: 07 Jan 2011 09:18 PM PST Since the country began implementing the renewal process, policies encouraging investment in Vietnam have made great contributions to attracting Foreign Direct Investment (FDI). The remark was made at a seminar held in Hanoi on January 7 to evaluate the role of policies on investment encouragement, the influence of FDI on Vietnam's economy and future adjustment of [...] |
NA agrees to issue VND45 trillion in gov’t bonds Posted: 07 Jan 2011 09:18 PM PST The National Assembly (NA) has agreed on the issuance of government bonds worth VND45 trillion in 2011 to mobilise capital for the country's socio-economic development projects. This information was announced at the closing session of the NA Standing Committee's 37th meeting in Hanoi on January 7. This is the first year of the national socio-economic development plan [...] |
State Bank denies increased capital reserve ratio rumours after shares slide Posted: 07 Jan 2011 09:17 PM PST Shares retreated yesterday on the two national exchanges, as rumours circulated that the State Bank of Viet Nam was considering imposing higher capital reserve ratios on commercial banks as a measure that would help curb inflation by reducing the supply of currency in circulation. Both domestic and foreign investors were concerned about the rumours, said Au [...] |
You are subscribed to email updates from Vietnam Business News To stop receiving these emails, you may unsubscribe now. | Email delivery powered by Google |
Google Inc., 20 West Kinzie, Chicago IL USA 60610 |
0 Comments:
Post a Comment
Subscribe to Post Comments [Atom]
<< Home