Vietnam Business News
Vietnam Business News |
- Medicine mark-up
- Vietnam Airlines gains US maintenance certificate
- Cold ruins peach blossom harvest
- No changing frequency
- Travel firms offer Tet tours for tourists
- Banks set realistic targets for 2011
- Tourism properties under scrutiny
- Vietnam invests in Cambodia power plant
- Chile rolls out red carpet for Vietnamese firms
- Mai Linh makes taxi fare payment via SMS available
| Posted: 22 Jan 2011 09:31 AM PST The price of pharmaceutical products in Vietnam are expected to rise slightly in 2011 due to volatile input material prices and the Vietnam dong-US dollar exchange rate, according to the Vietnam Drug Administration. Deputy chairman of Vietnam Pharmaceutical Companies Association Pham Van Quan said upward adjustment of drug prices had already taken place from late 2010 [...]
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| Vietnam Airlines gains US maintenance certificate Posted: 22 Jan 2011 09:31 AM PST The Federal Aviation Administration of the United States has awarded a FAR-145 certificate to Vietnam Airlines Engineering Company (VAECO). The FAR-145 is an international standard on aircraft maintenance services under US aviation regulations. Addressing the awarding ceremony in Hanoi on January 21, Pham Ngoc Minh, Vietnam Airlines general director, said VAECO – the sole unit for aircraft [...]
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| Cold ruins peach blossom harvest Posted: 22 Jan 2011 09:30 AM PST Horticulturalist Tran Tien Dung feels sad as he looks around his garden of 500 peach-blossom trees. More than half show no sign of being able to open their gorgeous red or pink flowers for Tet. It is a poignant reminder for Dung, and all Hanoians, of the remarkable cold spell that is hovering over the north. [...]
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| Posted: 22 Jan 2011 09:30 AM PST Current mobile operators will face stricter rules if they want to transfer their licences to others under a newly drafted prime ministerial decision on bidding and transferring radio frequency usage rights. The decision will be issued in the second quarter this year. Accordingly, companies will only be allowed to transfer their frequency to the other firms [...]
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| Travel firms offer Tet tours for tourists Posted: 22 Jan 2011 09:29 AM PST As the Tet (Lunar New Year) Festival is approaching, tourist companies are eagerly preparing to launch tours to serve not only local holidaymakers but also tens of thousands of foreign visitors. Doan Thi Thanh Tra, Head of the Saigontourist Travel Service Corporation's Marketing Department, said that as of January 26 (the 23rd day of the 12th [...]
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| Banks set realistic targets for 2011 Posted: 22 Jan 2011 09:29 AM PST Domestic commercial banks with increased chartered capital have presented cautious outlooks regarding profit targets in 2011. Chairman of Ocean Commercial Joint Stock Bank (OceanBank), Ha Van Tham has announced his bank plans to raise its chartered capital to VND5 trillion ($250 million) and set 2011 pre-tax profit rate at VND1 trillion ($50 million) against 2010's VND700 [...]
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| Tourism properties under scrutiny Posted: 22 Jan 2011 09:28 AM PST Massive investments into tourism property development have brought a number of locations onto the inspection radar for investment authorities this year. Six locations – Thua Thien Hue, Khanh Hoa, Quang Ninh, Lam Dong, Binh Thuan and Danang – were listed in 2011's inspection plan by the Ministry of Planning and Investment (MPI) due to "careless investment [...]
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| Vietnam invests in Cambodia power plant Posted: 22 Jan 2011 09:26 AM PST Vietnam Ministry of Planning and Investment has licensed the $800 million hydro-electric power plant to be constructed in Cambodia, according to the ministry’s Foreign Investment Agency. This project by state-owned Vietnam Electricity Group (EVN) is solely invested by its joint-stock subsidiary EVN International, whose shareholders include major state companies and corporations, such as PetroVietnam, EVN, and [...]
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| Chile rolls out red carpet for Vietnamese firms Posted: 22 Jan 2011 09:25 AM PST Chile is now moving to encourage Vietnamese businesses to invest and explore the consumption trend in the Latin American country, Vietnam ’s trade mission in Chile said. In return, an increasing number of Chilean investors are eagerly seeking business opportunities in Vietnam, especially in mining, oil exploitation, seafood and fruit processing, and wine production. The Chilean business [...]
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| Mai Linh makes taxi fare payment via SMS available Posted: 22 Jan 2011 09:25 AM PST Mai Linh Group on Monday officially launched three solutions for passengers to pay taxi fares via SMS for passengers using the company’s cabs in the city, after six months of trial application. The common principle of the three solutions allows passengers to send one SMS with a simple syntax to MobiVi’s SMS gateway to make a [...]
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