cg meeting to focus on stabilisation

CG Meeting to focus on stabilisation

Vietnam’s macroeconomic stabilisation will top the agenda of the mid-term Consultative Group Meeting this week in central Ha Tinh province.
a smaller world also brings big challenges

A smaller world also brings big challenges

Vietnam is increasingly attracting world attention as one of the fastest growing economies in Asia. It was recently ranked 34th in an Ernst & Young report into the globalisation of major economies around the world.
imports now a luxury

Imports now a luxury

The import of so-called inessential luxury goods is on the cards due to a favourable low foreign exchange rate.
local industrial machine set to run out of steam in q2

Local industrial machine set to run out of steam in Q2

Expensive fuel, materials and high interest rates will slow Vietnam’s industrial production during the second quarter of this year.
nissan achieves record european market share for april

Nissan achieves record European market share for April

Nissan today announced a 35 per cent year-on-year leap in European sales for the first four months of 2011 and record market share for April.
loan drought dries up project ambitions

Loan drought dries up project ambitions

A dearth of commercial loans has forced state-run Electricity of Vietnam to cut one-fifth of its planned investment for power generation and transmission projects this year.
power investor gets a shock

Power investor gets a shock

Korean Teakwang Vina Industrial is getting a grilling over high costs, fuel supply and waste treatment for its $2.48 billion Nam Dinh 1 coal-fired power project.
india spices up links with vietnam

India spices up links with Vietnam

Indian companies are checking out Vietnam to identify investment opportunities and boost a bilateral trade relationship worth $2.75 billion last year.
steel projects bent out of shape by land woes

Steel projects bent out of shape by land woes

Site clearance woes are proving thorns in the side of billion-dollar foreign-invested steel projects.
nation continues to fight power shortfall

Nation continues to fight power shortfall

China is continuing to be tapped to help solve Vietnam’s power crisis.
now or never for tata

Now or never for Tata

“Unless both sides can reach an agreement on the issues, an investment certificate will be impossible”
singapore voices confidence

Singapore voices confidence

Singapore is now the top foreign investor in Vietnam with more than $4 billion in registered capital last year and $1.06 billion in registered capital in the first two months of 2011.
steel giant heads abroad for forex

Steel giant heads abroad for forex

Formosa Ha Tinh Steel Corp has set its sights on increasing exports as a way of maintaining its much-needed foreign exchange balance.
adbs 540 million loan for vietnams urban mass rapid transit line

ADB’s $540 million loan for Vietnam’s urban mass rapid transit line

The Asian Development Bank on March 11 signed a $540 million loan agreement with the Vietnamese government for construction of an urban mass rapid transit line to reduce traffic congestion in Ho Chi Minh City.
diplomats upbeat about 2011 outlook

Diplomats upbeat about 2011 outlook

The Vietnamese economy will still prosper in 2011 despite difficulties regarding the government’s macroeconomy management and infrastructure development.