Funds shortage setback for HCMC traffic development plan
Shortage of capital created setbacks for the Traffic Development Plan in HCM City, which is now unable to maintain schedule, said the city Department of Transport.
US demands 'concrete results' in China trade talks
US officials demanded "concrete results" from trade talks with China on market access for American businesses.
HCM City’s November CPI rises 0.28%
HCM City’s consumer price index in November was estimated to have increased 0.28% driven by higher food prices.
Southeast Asia’s biggest river tunnel opens in HCM City
Thu Thiem tunnel, along with the entire Dong Tay Avenue in HCM City, officially opened to traffic on November 20.
SSC urges to restructure securities companies
The State Securities Commission admitted that 105 securities companies are too much for a fledgling stock market like Vietnam.
Viettel and EVN Telecom to merge
The Prime Minister has instructed the transfer of EVN Telecom to telecom group Viettel, an official said.
House buyers struggle to access mortgages
Despite the central bank having extended credit policies for real estate, house buyers are still struggling to access mortgage loans.
Cautious approach from couriers
Foreign express enterprises are not ready to set up wholly foreign-owned businesses in Vietnam.
High rate of software piracy in Vietnam
Vietnam ranked 16th among countries in the world in terms of software piracy rate in 2010, a study showed.
China pledges $10 billion loan for neighbours
Chinese Premier Wen Jiabao said Beijing would offer its Southeast Asian neighbours $10 billion in infrastructure loans, as he sought to deepen trade ties in the region.
Bank offers to buy troubled shipbuilder’s debts
A Vietnamese bank has offered to buy Vinashin’s debts at a value of 35% of its USD600 million principle debt.
Thai floods ripple through global supply chain
Thailand's worst floods in decades may gradually be subsiding but ripples will be felt by companies and consumers for months to come, analysts say.
Vietnam Airlines pursues equitisation plan
PM Nguyen Tan Dung will consider the establishment of the National Vietnam Airlines Group.
NGOs commit USD165.5 million to Vietnam by 2012
Ninety-five foreign non-governmental organisations (NGO) have committed 165.5 million USD in aid to Vietnam’s poverty reduction in 2012.
PM, two ministers asked about golf course projects
NA deputies focused their inquiries on the Prime Minister and two ministers about golf course development policies.
State firm loses VND174 billion in securities investment
The Saigon Trading Corporation has incurred losses of VND174 billion due to its poorly advised investment in the stock market.
Major airports experience overload
The capacity of major airports, such as those in Hanoi and Ho Chi Minh City, have recently been reaching their limits during peak hours.
Lax management fosters business registration abuse
A man in HCM City was recently discovered to have set up 37 enterprises with the same headquarters in just over one month.
Multi-billion dollar first solar project halts construction
First Solar's halt of the construction of a solar panel factory in HCM City triggered a worry that the US investor may stop investing in Vietnam.
Vietnam to have second budget carrier
Private airline VietJet Air said it would operate as a low-cost carrier with its first commercial flight next month.
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