$13.6m deal signed for supervising maintenance of Dung Quat oil refinery

Binh Son Petrochemical Co on April 28 signed a $13.6 million deal with South Korea’s SK contractor on managing and supervising the first overall maintenance plan in Dung Quat oil refinery, Quang Ngai province, the VnExpress reported. Accordingly, SK was appointed to take responsibility for managing, watching maintenance contractors including Jcon, Dong-Il, Ubec, Deachang (South [...]

VinaPhone to re-launch low-cost international call packages

VinaPhone announced to re-provide the low cost packages of IDD 1715 for making international calls with time limit for all the pre-paid and post paid subscribers from May 1, 2011. In details, VinaPhone’s subscribers who make international calls to 23 countries in all over the world such as the US, Canada, China, Thailand, Singapore, Argentina [...]

Phong Phu and Song Da groups apply for upgrading National Highway No 6

Truong Tan Vien, deputy minister of transport has recently asked Hanoi City People’s Council to make reports about the implementation process of the expanding and upgrading the National Highway No 6, from Ba La to Xuan Mai, Hanoi under BT and BOT method. Song Da Group had been assigned for setting up the investment proposal. [...]

IMF cuts Vietnam’s inflation forecast to 9.5pct in 2011

International Monetary Fund (IMF) has cut its forecast on Vietnam’s inflation down to 9.5 percent in 2011, according to its regional economic outlook that has been released recently. Earlier, on April 11, the IMF stated in its world economic outlook that Vietnam’s inflation was forecast at 13.5 percent in 2011. According to IMF’s regional economic [...]

Vietnam tourism receipt poised to grow at a CAGR of 13pct

Tourism receipts in Vietnam is anticipated to reach around $ 5.6 Billion by 2014, growing at a CAGR of around 13 percent during 2010-2014, RNCOS acknowledged. With the presence of exquisite landscape, fast developing hospitality services, and a stable political environment, the tourism industry is one of the rapidly growing industries in Vietnam, encompassing the [...]

Base year for calculating GDP should be changed, expert says

Head of general Statistical Office (GSO), Do Thuc said that the agency is studying and collecting statistics to take 2010 as base year for calculating Gross Domestic Product (GDP) and some other economic indicators, instead of the base year 1994 like present, VnExpress reported. The change is essential to have accurate measures on real status [...]

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