The Business Times: ODA – an important source for development

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• ODA – an important source for development
• Vietnam to spend $8 billion to build four airports
• HNX publishes names of 145 listed tickers not eligible for margin trading
• Exports of vegetables, fruits in end 2013: many potential and opportunity
• Salt output jumps 30%yoy to 952.2 thousand tons in 9m/2013: MARD
• Cement prices to remain solid
• Rubber sales fall in tough year
• Oct 26 auction: 14,500 gold taels sold
• State audit releases 2012 audit results & audit plan for 2013
• Vietnam SHB gets nod to raise credit growth limit to 20%

ODA – an important source for development Posted: 17 Oct 2013 12:54 AM PDT The effective use of official development assistance (ODA) over the past 20 years has helped Vietnam make great socio-economic strides in the comprehensive renewal process. Prime Minister Nguyen Tan Dung affirmed this at a meeting in Hanoi on October 17 to mark the 20th anniversary of development cooperation between Vietnam and donors. PM Dung highly appreciated [...] The post ODA – an important source for development appeared first on Vietnam Business News.

Vietnam to spend $8 billion to build four airports Posted: 17 Oct 2013 12:52 AM PDT The Civil Aviation Administration of Vietnam (CAAV) has announced the list of infrastructure projects in the field of aviation. In which, the construction of four airports will cost more than VND170 trillion (about $8.1 billion). The four airports listed in the plan are Long Thanh International Airport, Chu Lai International Airport, Quang Ninh Airport and [...] The post Vietnam to spend $8 billion to build four airports appeared first on Vietnam Business News.

HNX publishes names of 145 listed tickers not eligible for margin trading Posted: 17 Oct 2013 12:49 AM PDT The Hanoi Stock Exchange (HNX) has announced a list of 145 stock tickers which are not eligible for margin trading as of September 30, 2013, mostly due to accumulated losses . Among 145 companies, 114 firms posted losses in the first 6 months of 2013 including big names such as PVX and VCG , PVR [...] The post HNX publishes names of 145 listed tickers not eligible for margin trading appeared first on Vietnam Business News.

Exports of vegetables, fruits in end 2013: many potential and opportunity Posted: 17 Oct 2013 12:49 AM PDT Vietnam's Exports of vegetables, fruits have recorded positive results so far this year and is believed to have more potential and opportunity in the year end, the local newswire Danviet.vn reported. In the first 9 months of this year, Vietnam shipped total of $780 million worth of vegetables, fruits , making a year on year [...] The post Exports of vegetables, fruits in end 2013: many potential and opportunity appeared first on Vietnam Business News.

Salt output jumps 30%yoy to 952.2 thousand tons in 9m/2013: MARD Posted: 17 Oct 2013 12:40 AM PDT Vietnam's salt output was estimated to increase by 28.8% year on year to 952,224 tons in the first 9 months of this year, the local newswire Tuoitre.vn reported, citing data from the Ministry of Agriculture and Rural Development (MARD). Of the sum, industrial produced salt is 246,940 tons, increasing 12.8% on year and manual produced [...] The post Salt output jumps 30%yoy to 952.2 thousand tons in 9m/2013: MARD appeared first on Vietnam Business News.

Cement prices to remain solid Posted: 16 Oct 2013 08:52 PM PDT HA NOI (VNS)— The Ministry of Finance’s Pricing Management Department expected the price of cement to remain stable this month after increasing last month. Some member enterprises of the Viet Nam Cement Industrial Corporation (Vicem) raised prices by 5 to 9 per cent one month ago to VND1.3 million – VND1.5 million per tonne in [...] The post Cement prices to remain solid appeared first on Vietnam Business News.

Rubber sales fall in tough year Posted: 16 Oct 2013 08:50 PM PDT HA NOI (VNS) — The export value of rubber and products made from rubber trees is expected to reach US$4 billion this year, $26 million lower than last year, including $2.4 billion from rubber exports. According to Nguyen Thi Thuy Hoa, Viet Nam Rubber Association (VRA) general secretary, rubber sales this year would likely decline [...] The post Rubber sales fall in tough year appeared first on Vietnam Business News.

Oct 26 auction: 14,500 gold taels sold Posted: 16 Oct 2013 08:43 PM PDT 14,500 taels of gold bars were sold out of 15,000 taels offered in an auction held by the State Bank of Vietnam (SBV) on October 16, 2013. Fifteen licensed gold firms and banks have bought the gold bars at VND37.15 -37.18 million per tael. During the period from March 28 to date, the SBV has held 65 [...] The post Oct 26 auction: 14,500 gold taels sold appeared first on Vietnam Business News.

State audit releases 2012 audit results & audit plan for 2013 Posted: 16 Oct 2013 08:23 PM PDT The State Audit of Vietnam assessed the central bank had implemented prudent, flexible monetary policies in 2012 to ensure liquidity of the banking system and keep the exchange rates stable. The management of interest rate was considered as more flexible with many downward adjustments, contributing to curbing inflation at 6.81%, versus a target of 7-8%. [...] The post State audit releases 2012 audit results & audit plan for 2013 appeared first on Vietnam Business News.

Vietnam SHB gets nod to raise credit growth limit to 20% Posted: 16 Oct 2013 08:15 PM PDT The Saigon-Hanoi Bank (SHB) has received the State Bank of Vietnam (SBV)'s approval to increase their credit growth limit to 20% for the whole year of 2013. The HNX-listed lender was earlier allowed to expand lending by 12% by the monetary authority. The bank posted a credit growth of 8.7% by the end of September, [...] The post Vietnam SHB gets nod to raise credit growth limit to 20% appeared first on Vietnam Business News.

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