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Growth 6.5% next year forecast
20/06/2011 05:00Viet Nam’s economy is set to grow by 6.5 per cent during 2012, according to Directive No 922/CT-TTg, released yesterday, June 19. Containers await pickup after being unloaded at the Tan Cang-Cai Mep Port in Ba Ria-Vung tau...
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Agencies warn against FDI virtual capital in real estate projects
20/06/2011 05:00Experts have pointed out that while the registered foreign direct investment (FDI) in the real estate sector is relatively high, the implemented capital remains modest, which means a high proportion of “virtual capital”. The statistics released by the Ministry of...
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Overfishing affects seafood exports
19/06/2011 05:00Sea cooking processors are facing a severe shortage of raw materials and have called on the Ministry of Agriculture and Rural Development to make concrete plans to resolve this. Speaking at a seminar held in HCM City on Tuesday, Nguyen Thi Thu Sac, head of the Viet Nam...
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Vietnamese consumers, business leaders turn cautious: survey
18/06/2011 05:00Many consumers said they would be trading down to less expensive products The first half of 2011 brought a decline in Vietnam’s consumer confidence levels, according to the latest Nielsen survey. Vietnam’s economy was virtually...
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Coal import could have been delayed for tens of years
18/06/2011 05:00Experts believe that if Vietnam had applied a more reasonable policy on coal exploitation and export, it could have delayed the time of importing coal for tens of years. Coal export country now has to import coal The ship carrying 9570 tons of coal has docked at...
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Vietnam telcos must relook business and organisational models
18/06/2011 05:00Vietnam’s telco industry has experienced tremendous growth over the last two years, but growth is expected to slow as the telco industry begins to mature. This brings added challenges to an already competitive telco market, according to a new PwC publication...
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Capital dearth blunts local contractors
18/06/2011 05:00The ongoing capital crunch has had a significant impact on the construction industry, reducing further the competitiveness of local contractors in the domestic market. With most infrastructure projects using foreign capital...
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