The Business Times: Vietnam needs effective land-use planning

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• Vietnam needs effective land-use planning
• PVX faces financial problems
• Power group found deceitful for a long time
• Airlines spent big money to upgrade fleets
• Vietnam’s fabric imports rise 18.97% in Jan-July’13
• Tourism progression continues in Vietnam
• Khanh Hoa rides high export turnover to surpass plan
• Customer ID required for large value transactions
• Oct 11: Vietnam gold extend losses to vnd37.35mln/tael, dollar stable
• Shares falter as City slips past magic 500 mark

Vietnam needs effective land-use planning Posted: 11 Oct 2013 12:40 AM PDT Seminar on "Land-use planning and long-term land resource management strategy building in Vietnam" in Hanoi on October 1, 2013…. The Institute of Strategy and Policy on Natural Resources and Environment (Isponre) under the Ministry of Natural Resources and Environment hosted a seminar entitled "Land-use planning and long-term land resource management strategy building in Vietnam" in [...] The post Vietnam needs effective land-use planning appeared first on Vietnam Business News.

PVX faces financial problems Posted: 11 Oct 2013 12:40 AM PDT PetroVietnam Construction Joint Stock Corporation (PVX) has been facing financial difficulties, the local newswire Vnexpress.net reported, citing information from the PVX's document sent to The Hanoi Stock Exchange (HNX) on Oct 9, 2013. In details, PVX suffered a consolidated loss of VND2,541 billion ($120.28 million) in the first half of this year, including VND1,226 billion [...] The post PVX faces financial problems appeared first on Vietnam Business News.

Power group found deceitful for a long time Posted: 11 Oct 2013 12:36 AM PDT  Big violations of principles made by the Electricity of Vietnam (EVN) have been found by the government inspectors. Economists believe the power group connived together with others to pocket people's money. The government inspectors have released a report showing that EVN not only made wrong investment deals in non-core business fields that caused big losses [...] The post Power group found deceitful for a long time appeared first on Vietnam Business News.

Airlines spent big money to upgrade fleets Posted: 11 Oct 2013 12:34 AM PDT VietjetAir has decided to spend more than $9 billion to buy 100 Airbuses. Prior to that, other carriers also spent big sums of money to expand their fleets. In May 2011, the national flag air carrier Vietnam Airlines got the loans worth $457 million to buy 8 Airbus 321-315s. These included the package worth $400 [...] The post Airlines spent big money to upgrade fleets appeared first on Vietnam Business News.

Vietnam’s fabric imports rise 18.97% in Jan-July’13 Posted: 11 Oct 2013 12:32 AM PDT The imports of fabric by Vietnam during the first seven months of the current year increased by 18.97 percent year-on-year to US$ 4.7 billion, according to Vietnam Customs statistics, Sinotex.net Network reported. China, South Korea, Japan and Thailand were the main countries that supplied fabric to Vietnam during the seven-month period. These four countries together [...] The post Vietnam's fabric imports rise 18.97% in Jan-July'13 appeared first on Vietnam Business News.

Tourism progression continues in Vietnam Posted: 11 Oct 2013 12:30 AM PDT International arrivals to Vietnam continues to show a strong growth, predicting a historical high for the destination in 2013, as growth reached almost 10 % over the first three quarters of 2013. Vietnam tourism continues to show strong progression with road arrivals and air arrivals booming. Road traffic grew by 31 %, representing a market [...] The post Tourism progression continues in Vietnam appeared first on Vietnam Business News.

Khanh Hoa rides high export turnover to surpass plan Posted: 11 Oct 2013 12:28 AM PDT KHANH HOA (VNS) — The central coastal province of Khanh Hoa posted export turnover of more than US$860 million in the first nine months, exceeding its yearly plan by 8 per cent. The foreign-invested sector took the lead with export value of $430 million. It was followed by the private economic sector with nearly $360 [...] The post Khanh Hoa rides high export turnover to surpass plan appeared first on Vietnam Business News.

Customer ID required for large value transactions Posted: 10 Oct 2013 09:36 PM PDT HA NOI (VNS) —Customers who make transactions of precious metals and stones valued at VND300 million (US$13,636) or more in a day must provide identification to credit institutions. According to a newly issued decree relating to the Law on Anti-Money Laundering, credit institutions are also required to demand customer identification from customers making irregular large [...] The post Customer ID required for large value transactions appeared first on Vietnam Business News.

Oct 11: Vietnam gold extend losses to vnd37.35mln/tael, dollar stable Posted: 10 Oct 2013 09:34 PM PDT This morning Vietnam extended losses after falling VND265,000/tael for bid and VND90,000/tael for ask versus yesterday close. World gold tumbled in New York trade last night but rebounded some gains this morning in Asia trade. Hochiminh was traded at VND37.15 million/tael for bid and VND37.35 million/tael for ask respectively as of 10:15 am, Hanoi time. [...] The post Oct 11: Vietnam gold extend losses to vnd37.35mln/tael, dollar stable appeared first on Vietnam Business News.

Shares falter as City slips past magic 500 mark Posted: 10 Oct 2013 09:33 PM PDT HA NOI (VNS) — Shares continued their downward trend from Wednesday, tumbling on both national stock exchanges yesterday. On the HCM City Stock Exchange, the VN-Index slid 1.17 per cent, falling out of the above-500-point level to close at 494.81 points yesterday afternoon with losers doubling gainers by 142-75. From the beginning of this year, [...] The post Shares falter as City slips past magic 500 mark appeared first on Vietnam Business News.

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