Vietnam Business News
Vietnam Business News |
- Vietnam commits to implement nuclear safety
- PetroVietnam sets up too many third-grade companies
- Vietnam M&A alters business terrain
- Prime Minister appoints new EVN chairman
- Smartphone sales in Vietnam to rise 5pct y-o-y
- Egypt night in Hanoi
- Trading remains sluggish
- Vietnam eyes higher US exports after stimulus plan
- The ASEAN Foundation and Microsoft expand partnership
- Staggering housing inventory draws ministry into inspections
Vietnam commits to implement nuclear safety Posted: 18 Sep 2012 04:13 AM PDT Vietnam always attaches importance to cooperation with the International Atomic Energy Agency (IAEA) and other international oganisations in all nuclear energy related issues for peaceful purposes, Minister of Science and Technology Nguyen Quan has said. In his presentation at the 56 th annual session of the IAEA General Assembly which opened in Vienna , Austria [...] |
PetroVietnam sets up too many third-grade companies Posted: 18 Sep 2012 04:12 AM PDT The Vietnam Oil and Gas Group (PetroVietnam) faces many difficulties in operation and it operates inefficiently because of scattered investment in many third-grade firms, according to a government report. PetroVietnam has retained the role of a powerful economic group, which has highly contributed to the state budget, the development of the oil and gas industry. [...] |
Vietnam M&A alters business terrain Posted: 18 Sep 2012 04:11 AM PDT Vietnam is emerging as a promising market for merger and acquisition (M&A) deals that target Vietnamese companies. This year's M&A activities in the country's consumer goods sector should happen more strongly than last year, said Tran Phuong Lan, head of the Competition Policy Board, Vietnam Competition Authority. "First, this is a very potent market thanks [...] |
Prime Minister appoints new EVN chairman Posted: 18 Sep 2012 04:09 AM PDT Prime Minister Nguyen Tan Dung has signed a fiat to transfer Hoang Quoc Vuong from his position as Deputy Minister of Industry and Trade to the chair of the board of members of the Electricity Group of Vietnam, commonly known as EVN. The erstwhile chairman, Dao Van Hung, was removed from the post on February 1, and [...] |
Smartphone sales in Vietnam to rise 5pct y-o-y Posted: 18 Sep 2012 04:08 AM PDT Smartphone sales in Vietnam are forecast to increase 5 percent year on year to 21 percent of total mobile phone sales in 2012, said an expert. Smartphone sales accounted for 16 percent of total mobile phone sales last year, said John Stefanac, president of Qualcomm Asia-Pacific. The Qualcomm representative also confirmed that smartphones are expected [...] |
Posted: 18 Sep 2012 04:06 AM PDT A special programme featuring traditional Egyptian culture was held in Hanoi on September 17. The show featured drum performances, folk songs and dances by the Nuba Drums art troupe from the capital city of Cairo. Attendants enjoyed the lovely sound of music from some unique instruments such as pans and sandals and the 30-minute non-stop [...] |
Posted: 18 Sep 2012 04:06 AM PDT Shares continued to rise on the HCM City Stock Exchange this morning. However, the rally was modest. The benchmark VN-Index ended flat, inching up only 0.04 per cent to 401.90 points. Market sentiment was quite bleak, with 50 gainers, 55 losers and 149 listed stocks closing unchanged. The increase of the index was mainly thanks [...] |
Vietnam eyes higher US exports after stimulus plan Posted: 18 Sep 2012 04:05 AM PDT Many local manufacturers and exporters are happy to embrace the news of a new stimulus plan launched last week in the US, which they see as a chance to boost exports to the country at a time when trade with other markets is slowing down. The US remains the largest export market of Vietnam, with [...] |
The ASEAN Foundation and Microsoft expand partnership Posted: 18 Sep 2012 04:04 AM PDT The ASEAN Foundation today announced that it would implement a new ICT training programme for small and medium enterprises (SMEs), funded by a $300,000 grant from Microsoft. The programme will target young entrepreneurs aged 16-25, and focus on the latest ICT applications for SME development. Over the next 24 months, the pilot project is expected [...] |
Staggering housing inventory draws ministry into inspections Posted: 18 Sep 2012 04:04 AM PDT The Ministry of Construction will launch an overall inspection at real estate firms in 10 provinces and cities nationwide next month due to staggering statistics on unsold housing stock in Vietnam's two biggest cities. The inspection aims at classifying and gathering data on both ongoing and suspended realty projects, the national broadcaster Vietnam Television (VTV) [...] |
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