Business

Vietnam 2010 export reaches USD 71 billions

Vietnam 2010 export reaches USD 71 billions

Exports are likely to be worth $71 billion this year, a 23 percent year-on-year rise, the Ministry of Industry and Trade’s Planning Department said. Thirteen of 35 export items saw prices increase — cashew was up 21 percent; tea, 11... (Continue reading)

Vietnam November 2010 car imports up 16 pct

Vietnam November 2010 car imports up 16 pct

Vietnam’s auto trading companies imported 5,499 fully built cars worth of US$92.7 million in November, a rise of 16.4 percent from October, according to the General Department of Customs. Between January and November, the country imported 46,940 complete-built cars worth... (Continue reading)

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Dung Quat Oil Refinery to be inaugurated on December 24

Dung Quat Oil Refinery to be inaugurated on December 24

The Vietnam Oil and Gas Group will hold the inauguration ceremony of Dung Quat Oil Refinery at 8am on December 24. This was confirmed on December 14 by Dang Hong Son, Head of the Office of Binh Son Oil Refinery... (Continue reading)

KPMG to advise Vinashin on debt settlement

KPMG to advise Vinashin on debt settlement

Global accounting and consultancy firm KPMG said it has been hired by the Vietnam Shipbuilding Industry Group (Vinashin) to advise on the restructuring of its $600 million debt. The state-run shipbuilding group came close to collapse after amassing debts of... (Continue reading)

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Vietnam and the US renew bilateral air transport agreement

Vietnam and the US renew bilateral air transport agreement

Vietnam and the US signed a deal Tuesday to extend the Bilateral Air Transport Agreement which expired last year. The five-year agreement, which came into effect in March 2004, has been extended until March 31, 2012. Its regulations on passenger... (Continue reading)

Vietsovpetro to exploit 6.2 million tons of crude oil in 2010

Vietsovpetro to exploit 6.2 million tons of crude oil in 2010

By  December 31, 2009, the Oil and Gas joint venture Company of Vietsovpetro exploited in excess of 300,888 tons of crude oil compared to same period in 2009, reaching 6,500,888 tons of crude oil, by 104.85% of the plan. Vietsovpetro... (Continue reading)

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Businesses from the Staffordshire United Kingdom visit Vietnam

Businesses from the Staffordshire United Kingdom visit Vietnam

Businesses in ceramics production equipment and construction sectors from Stafforshire region (UK) has surveyed the  market from November 30 to December 4, 2009. The business delegation to Vietnam  is lead by Mr. Bill Almen, International Trade Adviser (Office International Trade... (Continue reading)

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Hard Rock Café officially franchise in Vietnam

Hard Rock Café, with more than 157 branches in over 52 countries around the world will officially be a franchise in Vietnam by Vietnamese Thai company. With the core brand Hard Rock Café in association with the desire to bring... (Continue reading)

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Additional 15 foreign businesses operating franchise in Vietnam

Additional 15 foreign businesses operating franchise in Vietnam

According to information from the Ministry of Industry and Trade, in the first 6 months this year Vietnam has licensed 15 foreign companies for franchise operations. Most of these enterprises from the U.S., Belgium, Canada and work mainly in the... (Continue reading)

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Vinashin explanation to the press

Vinashin explanation to the press

One Vinashin senior officer told Vietnam News  today that the text of six pages signed by managing director of General Tran Quang Vu sent to the Central Department of Propaganda, Ministry of Information and Communications , Association of Journalists of... (Continue reading)

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