Hydropower plants in the south and in the Central Highlands are facing some of the worst water shortages in 50 years – and the rainy season is expected to end this month. Rainfall for the season, which runs from May to October, is about 40 per cent less than last year in the Central Highlands [...]
Singapore real estate groups have signed co-operation agreements with Vietnamese partners to promote investment in the real estate market of Viet Nam. CapitaLand Limited, through its wholly owned subsidiary CapitaLand (Viet Nam) Holdings, on Thursday signed for the first time a joint venture agreement with Vietnamese partner No Va Land Investment Group Corporation to develop [...]
Vietnam Airlines on Saturday signed a deal to buy eight Boeing 787-9 Dreamliners in a ceremony witnessed by US Secretary of State Hillary Clinton. The national flag carrier will take delivery of the first aircraft in 2015, Vietnam Airlines president and chief executive Pham Ngoc Minh was quoted by Dow Jones Newswires as saying. He [...]
A well known hospital, the first international private healthcare provider in Vietnam, is planning to offer a dose of good medicine to the market. Paul Billion, president of French Hospital of Hanoi (HFH), said the investment would raise the number of bed at the hospital from 68 to 100. “HFH is now in the final [...]
Russian President Dmitry Medvedev will sign agreements to help build Vietnam’s first nuclear power plant and a hydroelectric power station during a visit to the Soviet-era ally starting on Saturday, Kremlin sources said. Bolstering economic cooperation has been Russia’s main focus in recent years in relations with Vietnam, site of a Cold War showdown with [...]
Vietnam has proposed the Free Trade Agreement with the Customs Union of Russia, Belarus and Kazakhstan, the country’s president Nguyen Minh Triet told reporters in the run- up to Dmitry Medvedev’s visit to Vietnam. He said the Agreement will bring economic and trade benefits to the parties. The President said that strategic relations between two [...]
An agreement on Economic Development Cooperation Fund of the Republic of Korea (EDCF) loans, worth US$76 million, for three projects in Vietnam was signed in Hanoi on October 29. The deal will provide for the construction of a southern coastal highway section with US$70 million, the supply of medical equipment for a provincial hospital in [...]
Economic Ministers of the ASEAN-China Free Trade Agreement (ACFTA) member countries on October 29 signed a Protocol to amend the Rule of Operational Certification and Origin Check Procedures under the Goods Trade Agreement, on the occasion of the 17th ASEAN-China Summit in Hanoi. The amendment was finalised at the session of the Working group of [...]
From early October until the present, the price of gas has been controlled to increase four times, each time rising VND5,000-15,000 per 12kg cannister. At the beginning of this month, the price averaged VND275,000-285,000 per canister, but in mid-October, it rose to VND280,000-290,000 and on October 29, it was VND300,000-340,000 per cannister. The fluctuation of [...]
The Dak Lak Honey Bee Joint Stock Company in the highland province of Dak Lak is striving to bring its total export turnover for 2010 to 10,000 tonnes of honey, valued at more than US$20 million, doubling last year’s figure. By late October, the company had collected 11,000 tonnes of honey and exported over 8,000 [...]
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