Vietnamese stocks closed a disappointed August with a surge as both foreign and local investors rushed to buy shares on hopes of better September, extending the gaining track to 4 days in a row. The benchmark VN Index jumped 10.53 points or 2.36% to 455.08 on August 31. Volume soared 60.68% to 55.6 million shares [...]
The country’s export turnover has reached more than US$44.5 billion over the past eight months, up 19.7 percent against the same period last year, according to the Vietnam General Department of Customs. Of this figure, foreign-invested businesses earned over US$17.6 billion, up 40 percent. Many groups of export items posted a high growth such as [...]
The 2010 Hanoi International Expo opened in Hanoi on August 30, with a total of 800 stands put up by 400 Vietnamese and foreign organisations and businesses from industrial, agricultural, cosmetics and electronics sectors. Present at the opening ceremony were Vice Chairman of the National Assembly, Uong Chu Luu, Deputy Prime Minister Pham Gia Khiem, [...]
Vietnam’s is one of the fastest developing beer markets in Southeast Asia with 1.6 billion liters sold in 2009, 56 percent more than 2004. Vietnam now ranks second after Cambodia in beer consumption in Southeast Asia. According to a global market research company, Euromonitor International, the Vietnamese beer market will continue to grow at 5.6 [...]
The Ministry of Transport has urged ADB, Australia and South Korea to fund construction of Mekong delta centre-linking highway at total cost of $1.2 billion. The proposal was discussed last week at a conference between Vietnam government Agencies and the investors in Hanoi. According to Duong Tuan Minh, director manager of My Thuan project management, [...]
Ninh Thuan province Department of Planning and Investment has lately sought for approval from Ministry of Construction for establishing the Polo Beach International Co Ltd. After consideration, ministry of construction has issued document No 1588/BXD-HDXD in which the ministry agreed to grant the investment license for Mui Dinh high-class tourism area project. The new tourism [...]
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