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 [...]
Domestic businesses on October 30 surprisingly listed gold prices at VND33.45 million/tael, an increase of VND400,000/tael compared to the previous transaction day. At 8.25am, SJC gold stood at VND33.30-33.37 million/tael, VND350,000-370,000/tael more than October 29, it rose to VND33.35-33.40 million/tael at 11am. Thang Long Dragon gold at Bao Tin Minh Chau Company was transacted at [...]
Economists and managers forecasted the risks of re-inflation in the remaining months of this year and now it has become a reality. Many notable events took place in the last week of October including the hot issue of escalating prices at the National Assembly’s 9th session, problems with production and business operations of domestic enterprises [...]
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