The Business Times: Mythbusting green building costs

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• Mythbusting green building costs
• Samsung to Build $1Bln Factory in Ho Chi Minh City
• Central bank urged to lower interest rates on business loans
• Power sector needs over VND17 trillion every year
• Vietnam’s stock exchanges included in FTSE ASEAN Index
• Experts urge gov’t to set up new Ministry for marine resources
• VietinBank allowed to pilot dynamic currency conversion service
• Sacombank provides more than VND21.5 Tln and USD110 Mln preferential loans in 5 months
• June 6: Vietnam Gold Increases to VND36.15Mln/Tael
• First Lamborghini showroom to be opened next month

Mythbusting green building costs Posted: 06 Jun 2014 01:52 AM PDT Despite being one of the most rapidly-urbanising countries on the planet, Vietnam still boasts a woefully small number of buildings that meet green standards. Whether a building is rated based on its energy-saving solutions, use of green materials, smart building management or environmentally-friendly design, the truth is that the country has failed to embrace these […] The post Mythbusting green building costs appeared first on Vietnam Business News.

Samsung to Build $1Bln Factory in Ho Chi Minh City Posted: 06 Jun 2014 01:48 AM PDT Ho Chi Minh City (HCMC)'s people committee has approved the South Korean mobile-phone group of Samsung to build its factory worth more than $1 billion at the Hi-Tech Industrial Zone in HCMC, thoibaonganhang.vn reported. The factory will produce electronic products, it said. Currently, Samsung has invested two production complexes of mobile phones and electronic products […] The post Samsung to Build $1Bln Factory in Ho Chi Minh City appeared first on Vietnam Business News.

Central bank urged to lower interest rates on business loans Posted: 06 Jun 2014 01:45 AM PDT Most Vietnamese businesses have to take out bank loans at an annual interest rate of 10-13 percent, while companies in neighboring countries can access loans at a 5-6 percent rate and, those in developed economies, at a 2-3 percent rate. Dr. Luu Duc Hai, a senior researcher from the Ministry of Planning and Investment's Development […] The post Central bank urged to lower interest rates on business loans appeared first on Vietnam Business News.

Power sector needs over VND17 trillion every year Posted: 06 Jun 2014 01:44 AM PDT Vietnam will need more than VND17 trillion (some US$805 million) each year from now to until 2020 to invest in electricity projects as envisioned in the national power zoning plan. Deputy Prime Minister Hoang Trung Hai mentioned the huge investment in his speech at a ceremony for the 20th anniversary of the 500kV north-south power […] The post Power sector needs over VND17 trillion every year appeared first on Vietnam Business News.

Vietnam’s stock exchanges included in FTSE ASEAN Index Posted: 06 Jun 2014 01:42 AM PDT The Hanoi and Ho Chi Minh City Stock Exchanges have been included in the FTSE ASEAN Index series, the Ho Chi Minh City Stock Exchange announced on June 3. Previously, the FTSE ASEAN Index only represented stocks from financial markets of Thailand, Malaysia, Singapore, Indonesia and the Philippines. The inclusion of Vietnam's two stock exchanges […] The post Vietnam's stock exchanges included in FTSE ASEAN Index appeared first on Vietnam Business News.

Experts urge gov’t to set up new Ministry for marine resources Posted: 06 Jun 2014 01:40 AM PDT Fishery agencies, aquaculture associations and farmers all believe that Vietnam need to establish a ministry to be in charge of exploiting and developing marine resources. Three quarters of Vietnamese territory is water, but Vietnam does not have an agency in charge of sea economy management. There are more than 10 ministries and agencies that take […] The post Experts urge gov't to set up new Ministry for marine resources appeared first on Vietnam Business News.

VietinBank allowed to pilot dynamic currency conversion service Posted: 05 Jun 2014 03:49 PM PDT On June 02, 2014, the State Bank of Vietnam (SBV) had document 3722/NHNN-TT allowing Vietnam Joint Stock Commercial Bank for Industry and Trade (VietinBank) to deploy Dynamic Currency Conversion (DCC) service. According to this document, the central bank approved VietinBank's deployment of DCC service to customers who own international cards issued abroad and use them […] The post VietinBank allowed to pilot dynamic currency conversion service appeared first on Vietnam Business News.

Sacombank provides more than VND21.5 Tln and USD110 Mln preferential loans in 5 months Posted: 05 Jun 2014 03:49 PM PDT On May 5, Sacombank, together with 5 banks (Vietinbank, Agribank, ABBank, BIDV, NCB) signed credit contracts totaling VND584 billion to support 53 businesses and individuals in Thu Duc, Ho Chi Minh City, local newswire Tri Thuc Tre reported. In which, Saigon Thuong Tin Commercial Joint Stock Bank (Sacombank) provides VND48 billion to 12 businesses with […] The post Sacombank provides more than VND21.5 Tln and USD110 Mln preferential loans in 5 months appeared first on Vietnam Business News.

June 6: Vietnam Gold Increases to VND36.15Mln/Tael Posted: 05 Jun 2014 10:46 AM PDT This morning, Vietnam gold rose for the first time after 5 straight days of losses to VND36.15 million a tael, following the world suit. As of 09:45 am today, Hanoi time, SJC Hochiminh was traded at VND36.00 million/tael for bid and VND36.15 million/tael for ask, respectively. SJC in the North quoted at VND36.00 million/tael for […] The post June 6: Vietnam Gold Increases to VND36.15Mln/Tael appeared first on Vietnam Business News.

First Lamborghini showroom to be opened next month Posted: 05 Jun 2014 08:22 AM PDT CT-Wearnes Vietnam Co. Ltd. has been chosen as the first distributor of Lamborghini cars in the local market, with a showroom for this luxury car brand to be opened at Interserco Trade Center in Hanoi this month. In addition to distribution, Automobili Lamborghini SpA has also authorized CT-Wearnes Vietnam to provide maintenance service for the […] The post First Lamborghini showroom to be opened next month appeared first on Vietnam Business News.

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