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Vietnamese porcelain products dislodge Chinese from the market

With good designs, high quality and reasonable prices, Vietnamese porcelain products have gradually regained the home market which was once dominated by Chinese products. Yen, a housewife in Tan Mai district in Hanoi, said that several years ago, she only bought porcelain products from Japan and South Korea for the use on Tet days, because [...]

Vinaconex signs deal with US fund

Vinaconex Investment and Tourism Development Joint Stock Company (Vinaconex – ITC) has signed a strategic partnership with Dr John William Snow, chairman of Cerberus Capital Management Firm, a leading American investment fund. Dr Snow will help the company introduce investors to the company’s Cat Ba Amatina Project in northern Hai Phong port city and other [...]

Foreign made home decoration products flooding domestic market

Home decoration products have been available everywhere these days, from traditional markets, supermarkets to “pavement markets.” However, most of them are imports. Foreign made products dominating the market “Most of the home decoration products are imported from foreign countries, especially from China. Therefore, the characteristics of Vietnamese culture blur,” Tran Viet Tien, Director of Gia [...]

Vietnam PM says State construction projects require better planning

Vietnamese Prime Minister Nguyen Tan Dung yesterday urged the Ministry of Construction to pay special attention to improving the efficiency of State construction planning. In a meeting with the ministry to discuss the tasks set for the construction sector this year, Dung highly appreciated the efforts of the sector to overcome the challenges posed by [...]

Vietnam leads ASEAN timber exporters

Vietnam tops ASEAN in timber exports worth US$3.9 billion in 2011, followed by Thailand with US$1.1 billion. Dhanakorn Kasetruwan, Vice President of the ASEAN Furniture Industries Council (AFIC), said Thailand has proposed establishing a timber production zone in the region to improve efficiency, productivity and competitiveness for ASEAN producers before the ASEAN Economic Community is [...]

IKEA helps develop rattan products in Thua Thien-Hue

The Thua Thien-Hue provincial People’s Committee on January 3 approved the second phase of a project to manufacture rattan products, which is sponsored by IKEA Company. The project, with total capital of US$56,539 and channeled through the World Wildlife Fund (WWF), will be carried out in Nam Dong and A Luoi districts. It aims to [...]

Hanoi to kick off construction on 47 key projects in 2012

As planned, in 2012, Hanoi will start construction on 47 key projects and strive to fully complete 33 projects, according to director of Hanoi Department of Transport, Nguyen Quoc Hung, on December 30. To find funds for transportation projects of the capital city, together with the city budget, the Hanoi Department of Transport will try [...]

HCMC increases water price by 10% from Jan 1, 2012: Sawaco

Ho Chi Minh City (HCMC) raised price of clean water by 10% from 201 price ( Valued added tax –VAT excluded) since January 1st, 2012, the Sai Gon Water Company (Sawaco) said. The price of the first 4 m3/person for households was increased by VND400 to VND4,800/m3. The price of water from 4m3-6m3 would be [...]

200 businesses attend ConBuild Vietnam 2011

Nearly 200 businesses from 22 countries are taking part in an international construction fair, being held in Ho Chi Minh City from December 7-10. The 5th International Trade Fair for Construction, Building and Mining-Machinery, Equipment, Materials, Vehicles, Technology and Services (ConBuild Vietnam 2011) showcases most modern technologies and machinary in these sectors from domestic businesses [...]

The doors for wooden furniture exports to open widely once FLEGT is settled

Vietnam and the EU have entered the final negotiation stage, so that the granting of FLEGT certificate in accordance with the EU’s rules to Vietnamese exporters may be started prior to March 3, 2013, the time when FLEGT takes valid. No need to have sub-licenses Vietnam and the EU late last week successfully finished the [...]

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  • Hope for gold, silver springs eternal at Sprott
  • Gold futures fell from a six-week closing high, silver slipped 0.1%
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  • Sylvania Platinum reports record production of 25,179 oz for 6 months to Dec 2011
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  • Central banks buy gold; ETF demand slower: World Gold Council

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  • Gold, Silver may come under pressure today: Angel
  • $58-60 silver price by September says Dubai silver trader
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  • Silver moved up by 1.23 per cent to Rs 56,260 per kg

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