 |
| Tin Tức |
|
 |
|
| |
|
|
[2009-09-01] Business as usual while HCMC waits for new property deeds
Business as usual while HCMC waits for new property deeds
(Listed Sept 01, 2009)
Nothing has been done yet in Ho Chi Minh City about the changes to house and land title laws approved by the National Assembly in June to take effect on August 1. According to the amendments, Vietnam will grant a single house and land ownership certificate paper instead of two different ownership titles, known as so do (red book) for the land and giay hong (pink paper) for the building on that land. But, HCMC gove... |
|
[2009-09-01] Ha Noi tackles student housing problems
Ha Noi tackles student housing problems
(Listed Sept 01, 2009)
The capital will launch projects to build dormitories for 100,000 students next month, according to Vice Chairman of the municipal People’s Committee Phi Thai Binh. More than VND600 billion (US$33 million) has been earmarked by Prime Minister Nguyen Tan Dung in 2009 for the projects. A total of 3.7ha in Thanh Tri District, and a similar same area in Tu Liem District, will be used for such constructions, which will break groun... |
|
[2009-09-01] Gold opens week on high price
Gold opens week on high price
(Listed Sept 01, 2009)
Gold in Vietnam surged by VND50,000 a tael (1.2 ounces) more than last week’s close August 31.
Bullion was bought at VND21.25 million a tael and sold at VND21.35 million.
Last weekend, the prices were almost steady as global prices ended with a slight rise.
Trading volume on bullion markets remained muted with most customers buying jewelries for weddings.
On the SBJ trading floor, trading was fairly high with nearly 343,000 taels c... |
|
[2009-09-01] Hanoi housing beyond the reach of many
Hanoi housing beyond the reach of many
(Listed Sept 01, 2009)
Housing prices are so steep in suburban Hanoi that few people will ever be able to buy a place of their own. The average income in the national capital is between VND10 million and VND15 million, while the cheapest dwelling of 50 square meters costs VND300 million, according to the Hanoi Socioeconomic Research and Development Institute. “That means a person would have to work for 25 to 30 years, and spend nothing in that time... |
|
[2009-09-01] Nearly US$1.8 billion for building roads in Hanoi, HCM City a year
Nearly US$1.8 billion for building roads in Hanoi, HCM City a year
(Listed Sept 01, 2009)
Vietnam’s two largest cities will need around 278.5 trillion, equivalent to US$15.4 billion, to develop urban roads from now to 2020, according to the National Plan for Road Transportation Development to 2020. Under this plan, Hanoi and HCM City will need around 23 trillion dong to develop their urban road systems annually. Hanoi will focus on upgrading belt road No.2 into an urban road of 4-8 lanes... |
|
[2009-08-31] Gasoline hiked by VND1,000
Gasoline hiked by VND1,000
(Listed Aug 31, 2009)
Retail gasoline and diesel prices have been increased by VND1,000 a liter, kerosene by VND850 per liter and mazut by VND350 per kilo, with effect from August 30. This is the second such rise in gasoline prices in the last three weeks.
The new prices of A95, A92 and A83 are VND16,200, VND15,700 and VND15,200, respectively. Diesel has risen to VND13,100 per liter and kerosene to VND14,000, while mazut costs VND11,800 per kilo. The chan... |
|
[2009-08-31] Bank leaders discusses two scenarios for VN’s economy
Bank leaders discusses two scenarios for VN’s economy
(Listed Aug 31, 2009)
Two scenarios will decide Vietnam’s economic growth and inflation in 2010, in which GDP is likely to grow by up to 6.5 percent or seven percent, the State Bank of Vietnam governor, Nguyen Van Giau, forecast.
The governor was speaking at a seminar on “the role of monetary policies in the Vietnamese economy in its port-recession” held in the central highland city of Da Lat August 28.
... |
|
[2009-08-31] Central bank, economists discuss interest rate subsidies
Central bank, economists discuss interest rate subsidies
(Listed Aug 31, 2009)
The Government’s loosening of monetary policies and interest rate subsidy program have proved effective, as they have helped the country climb out of recession.
Economic experts made the comment at a seminar on “the role of monetary policies in the Vietnamese economy in its post-recession period,” which was jointly held by the State Bank of Vietnam (SBV), Lam Dong Province’s People Committee... |
|
[2009-08-31] City to invest in transport infrastructure
City to invest in transport infrastructure
(Listed Aug 31, 2009)
HCM City will boost investment in construction and investment in transport infrastructure in the remaining months of the year, said leader of HCM City at a periodic meeting to assess the results of the performance of social-economic plans in for the last eight months. Chaired by chairman of the HCMC People’s Committee Le Hoang Quan, the meeting also outlined necessary tasks for September. Standing deputy chairman of the cit... |
|
[2009-08-31] Vietnam sees delays in foreign steel projects
Vietnam sees delays in foreign steel projects
(Listed Aug 31, 2009)
Multi-billion dollar foreign steel projects in Vietnam are likely to face delays because of the global economic slump, even though demand in the country is forecast to grow 20% this year and 10-15% next year. Foreign investors, including Taiwan’s Formosa, India’s Tata Steel, South Korea’s Posco and Malaysia’s Lion Industries, have pledged to invest nearly US$30 billion in steel projects with total capac... |
|
[2009-08-31] Domestic steel industry could be overwhelmed by FDI firms, warn analysts
Domestic steel industry could be overwhelmed by FDI firms, warn analysts
(Listed Aug 31, 2009)
Viet Steel Group will begin work on the second phase of a steel plant in the Phu My industrial zone in the southern province of Ba Ria -Vung Tau at the beginning of September. Once completed, it will take the group’s total annual output to one million tons, making it Vietnam’s largest domestic steel player, but an analyst called its move risky. The analyst, who wished to remain unnamed, s... |
|
[2009-08-31] Work starts on ‘green’ township
Work starts on ‘green’ township
(Listed Aug 31, 2009)
Viet Hung Urban Development and Investment Co broke ground on Saturday on a US$8 billion township just 12.8km from the heart of Ha Noi, across the Hong River.The project, in Hung Yen Province, is formally known as the Van Giang Commerce and Tourism Township but will go under the name of Eco-Park."Eco-park, being developed on a site of nearly 500ha, is currently the largest township development in northern Viet Nam," said Viet Hu... |
|
[2009-08-29] New Zealand July home-building approvals rise 5%
New Zealand July home-building approvals rise 5%
(Listed Aug 29, 2009)
New Zealand’s home-building approvals rose for the third time in four months in July as lower mortgage rates help kick-start demand for property. Permits increased 5 percent from June, Statistics New Zealand said in Wellington today, citing seasonally adjusted figures. Excluding apartments, approvals rose a second month, gaining 11.2 percent. Reserve Bank Governor Alan Bollard cut the benchmark interest rate to a re... |
|
[2009-08-29] Kiosk Banking Comes to Vietnam
Kiosk Banking Comes to Vietnam
(Listed Aug 28, 2009)
For the past more than 10 years, nearly 40 banks in Vietnam have issued about 16 million cards. In the past several years, the average growth rate of the Vietnamese card market was 300 percent a year.
However, existing ATMs (automated teller machines) and POS (points of sale) are not enough to serve card users and therefore ATMs and POS are often overloaded, making it inconvenient for customers. This is a common problem for all banks... |
|
[2009-08-29] Chevron, MOECO and PTTEP Partner with National Fund for Vietnamese Children
Chevron, MOECO and PTTEP Partner with National Fund for Vietnamese Children to Grant Education Scholarships in Mekong Delt
(Listed Aug 28, 2009)
Chevron Vietnam Ltd, Mitsui Oil Exploration Co., Ltd. (MOECO), and PTT Exploration and Production Company Plc (PTTEP) recently have granted scholarships to 470 schoolchildren in Can Tho City and Ca Mau Municipality, in partnership with the National Fund for Vietnamese Children (NFVC).
The initiative is part of a larger Chevron led program to pro... |
|
|
|
|
|
|
