The Business Times: Transport inspectors discover highway project irregularities

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• Transport inspectors discover highway project irregularities
• Rice firm offers shares to its farmers
• Ca Mau hosts seafood trade fair
• Vietnam steel and iron output sees monthly increase in october: GSO
• Vietnam cement output increases 13%yoy in october: GSO
• Shares stagnate on stimulus lack
• Economist calls for debt trading market
• Oct 31: Vietnam central bank keeps dollar exchange at vnd21,036, Vietinbank rate up
• Vietnam’s state budget deficit hits vnd147tln by october 15: GSO
• Interbank market hot, no pressure on exchange rate: NFSC report

Transport inspectors discover highway project irregularities Posted: 30 Oct 2013 07:38 PM PDT Tranport inspectors are criticising the execution of a build-operate-transfer (BOT) model highway upgrade in northern Thai Binh. The first of their critiques is the project's slow progress. According to the Ministry of Transport (Mot) inspectors' final report, by September this year the upgrade of 5.5km of road between the La Uyen and Tan De bridges [...] The post Transport inspectors discover highway project irregularities appeared first on Vietnam Business News.

Rice firm offers shares to its farmers Posted: 30 Oct 2013 07:36 PM PDT Besides strongly supporting rice growers with seeds, fertilizers and modern cultivation practices, a multi-sector agricultural company in the Mekong Delta province of An Giang also launched a special program to allow farmers to be its shareholders. An Giang Plant Protection Service JSC (AGPPS) has officially implemented its plan to issue 2.48 million shares at preferential [...] The post Rice firm offers shares to its farmers appeared first on Vietnam Business News.

Ca Mau hosts seafood trade fair Posted: 30 Oct 2013 07:34 PM PDT Nearly 200 domestic businesses are showcasing their products at the 2013 Mekong Seafood Trade Fair in Ca Mau city as part of the national trade promotion programme. The event, the largest of its kind in the southernmost province of Ca Mau, is organised by the Vietnam Association of Seafood Exporters and Producers (VASEP) and the [...] The post Ca Mau hosts seafood trade fair appeared first on Vietnam Business News.

Vietnam steel and iron output sees monthly increase in october: GSO Posted: 30 Oct 2013 07:32 PM PDT Vietnam's steel and iron output in October posted both monthly and yearly increases in October,the General Statistics Office (GSO) said in its website. In details, output of raw steel and iron was estimated to reach 223,300 tons this month, up 0.9% on year but the 10 months' figure dropped by 9.5% from a year ago; [...] The post Vietnam steel and iron output sees monthly increase in october: GSO appeared first on Vietnam Business News.

Vietnam cement output increases 13%yoy in october: GSO Posted: 30 Oct 2013 07:31 PM PDT Vietnam was estimated to produce 5.2 million tons of cement in October, increasing 11% on month and 13% on year, the General Statistics Office (GSO) said in its website. In Jan-Oct period, the country was estimated to produce 46.4 million tons , making a year on year rise of 5%, the data showed. Source StoxPlus. The post Vietnam cement output increases 13%yoy in october: GSO appeared first on Vietnam Business News.

Shares stagnate on stimulus lack Posted: 30 Oct 2013 07:29 PM PDT HA NOI (VNS)— Shares slightly rose during yesterday’s session on both stock exchanges, as liquidity improved, but remained lower than previous trading days. “The market still lacks a strong stimulus, so investors remain cautious in their transactions,” ACB Securities Co analyst Hoang Huy noted. Although there was some encouraging information – such as better movements [...] The post Shares stagnate on stimulus lack appeared first on Vietnam Business News.

Economist calls for debt trading market Posted: 30 Oct 2013 07:26 PM PDT Resolving bad debts is central in banking restructuring. Deputy head of Central Institute for Economic Management Vo Tri Thanh highlights the need to swiftly form a debt trading market to spur the process of tackling bad debts and curtail losses. In light of the decree on the setup, organisation and management of the Vietnam Asset [...] The post Economist calls for debt trading market appeared first on Vietnam Business News.

Oct 31: Vietnam central bank keeps dollar exchange at vnd21,036, Vietinbank rate up Posted: 30 Oct 2013 07:24 PM PDT Vietnam’s Central bank set the U.S. dollar’s exchange rate at VND21,036 on Thursday, unchanged for more than 4 months. Commercial banks are allowed to apply effective exchange rate +-1% from the official exchange rate set by the central bank, accordingly, the ceiling price for a dollar today was VND21,246. Today, Vietinbank raised dollar prices by [...] The post Oct 31: Vietnam central bank keeps dollar exchange at vnd21,036, Vietinbank rate up appeared first on Vietnam Business News.

Vietnam’s state budget deficit hits vnd147tln by october 15: GSO Posted: 30 Oct 2013 07:23 PM PDT Vietnam's state budget deficit is estimated at VND146.7trillion ($6.95 billion) in Jan 1-Oct 15 this year, accounting for 90.56% of the whole year plan (VND162 trillion), the General Statistics Office (GSO) said in its website. In details, as of October 15, the state budget revenues reached VND572.1 trillion ($27.1 billion) or 70.1% the whole year [...] The post Vietnam's state budget deficit hits vnd147tln by october 15: GSO appeared first on Vietnam Business News.

Interbank market hot, no pressure on exchange rate: NFSC report Posted: 30 Oct 2013 07:20 PM PDT In its latest report about the macro economy, the National Finance Supervision Council highlighted the heat in the interbank market, where the trading value reached the highest peak so far this year. The October report by the national council shows a picture of the stable monetary and foreign currency market. The agency believes that the [...] The post Interbank market hot, no pressure on exchange rate: NFSC report appeared first on Vietnam Business News.

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