Home » Archive for August, 2014

Archive for August, 2014

Banks’ settlement of debts hindered by asset regulations

Banks’ settlement of debts hindered by asset regulations

Aug. 13 | Nguyen Quoc Hung, chair of the Vietnam Asset Management Company (VAMC), an arm of the State Bank in charge of buying debts from banks to help liberalize banks from bad debts, said VAMC bought VND11.414 trillion worth of principal in the first half of...

Vietnam’s first ETF lures investor interest

Vietnam’s first ETF lures investor interest

Aug. 13 | Managed by Vietfund Management Company, the fund had a minimum initial capital of VND50 billion (US$2.35 million). However, Pham Khanh Lynh, deputy general director of the company, believed VFMVN30 could raise VND100 billion (US$4.7 million) as soon as...

Hanoi hosts dialogue with former WTO Director-General

Hanoi hosts dialogue with former WTO Director-General

Aug. 13 | At a dialogue with the Vietnamese business community in Hanoi on August 11, Lamy specifically applauded the progress the Southeast Asian nation has made in comprehensive institution and legal reform since its induction into the WTO nearly eight years...

Hanoi steps up Ebola preventative measures

Hanoi steps up Ebola preventative measures

Aug. 7 | The Hanoi Health Department is strictly monitoring the highly aggressive and infectious Ebola Virus Disease (EVD) to prevent it from entering and spreading widely in Vietnam. Director of the Department Dr. Nguyen Khac Hien also said medical centres should...

Positive signal for Vietnamese handicraft exports

Positive signal for Vietnamese handicraft exports

Aug. 7 | The US, the EU and Japan remained traditional markets, accounting for a large share of total handicraft export turnover. In addition, enterprises in the handicraft sector were focusing on exploiting new markets such as Brazil, Russia, India, China and...

US firms ratchet up investment

US firms ratchet up investment

Aug. 7 | The number of foreign trade representative visits to Vietnam during the first half of the year are an auspicious sign US investment in the country is not about to wane anytime soon, economic experts say. Paving way for small US businesses Early this year,...

Vietnam ascending to world’s largest coffee exporter

Vietnam ascending to world’s largest coffee exporter

Aug. 4 | High competitiveness The Ministry of Agriculture and Rural Development (MARD) reports Vietnamese coffee exports in the seven months leading up to August jumped 26.9% in volume and 21.9% in value on-year. The country shipped a total of 1.12 million tonnes...

Khanh Hoa, Japan cooperate in tuna fishing

Khanh Hoa, Japan cooperate in tuna fishing

Aug. 4 | A modernized fishing boat made of composite materials was inaugurated at a shipyard in the coastal city of Nha Trang on August 2 in central Khanh Hoa province. The composite VND6 billion boat is the result of a cooperation project between Japanese Yanmar...