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Vietnam-Italy cooperate in footwear industry
Written by Dailynews.vn Saturday, 31 July 2010 09:45
A conference on improving the competitiveness of small and medium-sized enterprises was held in Ho Chi Minh City on July 30.
The conference was co-hosted by the Vietnamese Ministry of Industry and Trade, the UN Industry Development Organisation (UNIDO), the Italian Development Cooperation Agency and the Ho Chi Minh City Footwear Association.
Enterprises attending the conference were [...]
University implements Oracle software
Written by Dailynews.vn Saturday, 31 July 2010 07:45
Hoa Sen University has deployed US-based Oracles PeopleSoft Enterprise Campus Solutions 9.0 to enhance its operational efficiency.
The software is designed to help manage student administration, student records and student progress.
It also organises information resources and makes them available over the Net.
Hoa Sen University is the first organisation in Viet Nam to deploy the student system [...
Businesses struggle with IT security
Written by Dailynews.vn Saturday, 31 July 2010 07:45
Viet Nam is listed in the top 10 countries responsible for the spread of spam (junk mail) internationally, said Ngo Vi Dong, Chairman of the Association of Information Security in HCM City at a workshop on business security and safety.
The workshop was held by Da Nang City Peoples Committee in co-ordination with the Information Technology [...]
Piaggio secures $58.8m loan
Written by Dailynews.vn Saturday, 31 July 2010 07:45
The International Finance Corporation (IFC), a member of the World Bank, said it had given a loan of 45 million euros (US$58.8 million) to Italian vehicle maker Piaggio to expand its production in Viet Nam and India.
Piaggio will use the money to increase production of environmentally friendly scooters, motorcycles and light commercial vehicles in existing [...]
Handicraft show to open in Ha Noi
Written by Dailynews.vn Saturday, 31 July 2010 07:45
The Ha Noi handicraft 20103 expo will run from August 4 to 9 at the Ha Noi Culture Friendship Palace.
The annual fair aims to promote exports of handicraft products.
The expo is expected to attract 100 handicraft enterprises offering 500 products from traditional craft villages.
Viglacera builds in-house institute
Written by Dailynews.vn Saturday, 31 July 2010 07:45
Viet Nam Glass and Ceramics for Construction Corp (Viglacera) will today begin work on the Viglacera Development and Research Institute in Hoang Mai District of Ha Noi.
The project has a total investment capital of VND10 billion (US$520,830). The institute is expected to open early next year.
Swensens opens franchise in HCM City
Written by Dailynews.vn Saturday, 31 July 2010 07:45
The first franchise of Swensens opened in HCM City on Thursday through an agreement between Thai-based Swensens and Viet Nams An Minh Ice Cream Joint-Stock Co.
Swensens has stores in Asean, the Middle East, and the Americas. It owns more than 200 outlets in Thailand, Singapore and Cambodia.
Hoang Thi Hong Anh, director of An Minh Ice [...]
Steel pipe makers target US
Written by Dailynews.vn Saturday, 31 July 2010 07:45
Steel pipe makers have boosted exports to the US by improving the quality of their products.
During the first six months of the year, steel pipe exports earned US$33 million, with most heading to the US market, said the General Department of Taxation.
Steelmakers have a great opportunity to export more steel pipe to the US, according [...]
Viettel to cut mobile phone tariffs
Written by Dailynews.vn Saturday, 31 July 2010 07:45
The Ministry of Information and Communications (MIC) has approved a proposal from military-run mobile phone service provider Viettel to reduce phone tariffs by 10-15 per cent, starting a new charge reduction race among providers.
The reduction will be applied to its post-paid subscribers with charges set for a basic package of VND890 per minute for internal-network [...]
Site clearance issues delay urban rail plan
Written by Dailynews.vn Saturday, 31 July 2010 07:45
The slow clearance of land and a lack of consensus are likely to mean the Cat Linh Ha Dong urban railway is not built within the scheduled four years, reports project director Vu Quang Khoi.
The difficulties with the US$552.86 million project were focused at the site of its proposed depot in the villages of [...]
Banks brace for surge in M&A
Written by Dailynews.vn Saturday, 31 July 2010 07:45
A second-half surge in merger and acquisition activities is expected in the financial and banking sectors, local reports say.
Their prediction is based on the directive from the State Bank of Viet Nam asking small-scale banks to increase their charter capital from the current VND1 trillion (US$52.6 million) or VND1.5 trillion to VND3 trillion (US$157.9 million).
To [...]
Investment revives in Long An
Written by Dailynews.vn Saturday, 31 July 2010 07:45
Foreign direct investment is picking up again after the economic slump last year in the southern province of Long An.
In the first half of the year nearly US$105 million has been committed by investors in five projects, 18 per cent up from the same period last year, according to Phan Thanh Phi, head of the [...]
Five projects to be scrapped
Written by Dailynews.vn Saturday, 31 July 2010 07:45
Phu Thos Department of Investment and Planning and the peoples committee have withdrawn licences for five slow-moving projects.
Among the projects were Dong Thai Duong Co Ltds paper production plant that had a registered capital of US$4.5 million and Leosco Co Ltds $3 million teddy bear plant. The firms received their licences in 2006 and 2007 [...]
VN to encourage local firms to invest in Laos
Written by Dailynews.vn Saturday, 31 July 2010 07:45
The Vietnamese Government would continue to support the efforts of the countrys businesses to invest in Houaphan Province, Laos, Deputy Prime Minister Nguyen Sinh Hung said yesterday.
The focus would be agriculture, industry, tourism, trade and education, he told his Lao counterpart Somsavat Lengsavad and Houaphan Province Governor Dr Khamphanh Viphavanh.
The deputy prime minister, who is [...]
Vietnam Plastic Imports +38.5% to $2.03B in Jan-July
Written by Dailynews.vn Saturday, 31 July 2010 02:45
Vietnam is estimated to have spent $2.03 billion on importing plastic in the first seven months of this year, up 38.5% from a year earlier, according to the General Statistics Office (GSO).
The Southeast Asian country imported $300 million worth of the plastic in July, down 6.25% from the revised figure of $320 million, the office [...]
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