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Moon cakes rise in price as festival nears

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Moon cakes rise in price as festival nears Moon cake producers have begun early sales for the mid-autumn festival season, increasing both price by an average of 10 percent, and output by 10 to 20 percent. Kinh Do, the largest producer, said it would provide the market with 1,900 tonnes of product 100 tonnes more than last season, with prices 10 percent higher than last year, although raw material prices have gone up...
 
 

Largest brewery in Southeast Asia launched

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Largest brewery in Southeast Asia launched The Hanoi Beer-Alcohol & Beverage Corporation (Habeco) inaugurated the Hanoi - Me Linh brewery on August 15 in the presence of Deputy Prime Minister Nguyen Sinh Hung. The 2.2 trillion VND (114.4 million USD) brewery, with a designed annual capacity of 200 million litres, is equipped with modern equipment from Germany’s Krones AG and is expected to be one of the la...
 
 

Banned goods list to expand

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Banned goods list to expand The Ministry of Industry and Trade is drafting a proposal to ban the sale of sky lanterns, antiques that have significant heritage value and several other goods and services. The proposal would increase the list of banned goods and services from 92 to 101. New additions to the list include services which have already been banned recently, such as gold trading floors at banks....
 
 

Local firms lack human resource strategies

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Local firms lack human resource strategies Vietnam lacks long-term human resource development strategies to maintain a high-quality workforce, according to a new report from the Vietnam Marketing and Management Institute. Phan An, a consultant to the institute who wrote the report, said many businesses focused on conforming to national law on salaries, insurance and other personnel policies, and neglected the import...
 
 

Vietnam Airlines launches online check-in service

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Vietnam Airlines launches online check-in service The national flag carrier Vietnam Airlines on August 16 officially launched a web check-in service for its outbound flights. Accordingly, passengers who take departure from Hanoi and Ho Chi Minh City as well as from Vientiane of Laos, Phnom Penh and Siem Reap of Cambodia, Seoul and Pusan of the Republic of Korea, Kuala Lumpur of Malaysia to Vietnam can chec...
 
 

US consultant wins Da Nang contract

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US consultant wins Da Nang contract The HCM City-based Trung Nam Construction Investment JSC (Trung Nam Group) on August 14 signed a design-consultancy contract for the Quan Nam – Thuy Tu Ecological Urban Area with the US-headquartered design firm Skidmore Owings and Merrill LLP (SOM). Trung Nam Group will invest a total of over 1.6 billion USD in the Quan Nam Thuy Tu Eco-Area project, which is located on 3,4...
 
 

Cambodia pledges to facilitate VN's investments

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Cambodia pledges to facilitate VN's investments Officials from Vietnam and Cambodia have agreed to increase bilateral meetings to remove arising obstacles and create favourable conditions for Vietnamese companies to invest in the neighbouring country. Deputy Minister of Planning and Investment Dang Huy Dong and Secretary General of the Council for Development of Cambodia Sok Chan Da reached consensus on the issue d...
 
 

Cambodia pledges to facilitate VN's investments

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Cambodia pledges to facilitate VN's investments Officials from Vietnam and Cambodia have agreed to increase bilateral meetings to remove arising obstacles and create favourable conditions for Vietnamese companies to invest in the neighbouring country.
 
 

Gov’t resolve to recover shipbuilder Vinashin

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Gov’t resolve to recover shipbuilder Vinashin Permanent Deputy Prime Minister Nguyen Sinh Hung has reiterated the Government’s policy to restructure Vinashin on the verge of bankrupcy and make shipbuilding core of the national sea strategy for 2020 and more. Hung made the statement at a working session between the steering board of the Vinashin Group Restructuring and several members of the group on August 14, emphasisi...
 
 

Japan helps improve investment climate

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Japan helps improve investment climate The Japanese Government has decided to provide 120 million USD for a project in Vinh Phuc province to help the northern midland province improve the investment climate. The ODA funding, channelled through the Japan Bank for International Cooperation (JBIC), will help build a key road in the heart of a new metropolis in Me Linh district and expand the systems of water supply, s...
 
 

Japan helps improve investment climate

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Japan helps improve investment climate The Japanese Government has decided to provide 120 million USD for a project in Vinh Phuc province to help the northern midland province improve the investment climate. The ODA funding, channelled through the Japan Bank for International Cooperation (JBIC), will help build a key road in the heart of a new metropolis in Me Linh district and expand the systems of water supply, s...
 
 

Cooperatives’ alliance urged to improve operation

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Cooperatives’ alliance urged to improve operation The Vietnam Cooperatives’ Alliance needs to improve its capacity and effectiveness of operation in the 2010-2015 term. Truong Tan Sang, Party politburo member and standing member of the Party Central Committee’s Secretariat, made the remarks while attending the 4th National Congress of the Vietnam Cooperatives’ Alliance (VCA) in Hanoi on Aug. 13. He stressed that d...
 
 

Vinafood 2 to export rice to Bangladesh

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Vinafood 2 to export rice to Bangladesh The Vietnam Southern Food Corporation (Vinafood 2) has signed a contract to export 100,000 tonnes of 15 percent broken rice to Bangladesh at the price of 389 USD per tonne. At present, Bangladesh is seen as a potential growing market for Vietnam with a recent import of 178,000 tonnes of rice. As a competitive supplier, in the near future Vietnam will negotiate with Bangladesh abo...
 
 

Prosecution call for ex-Avenue Project manager

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Prosecution call for ex-Avenue Project manager The Ministry of Public Security’s Investigation Agency has requested the Supreme People’s Procuracy prosecute Huynh Ngoc Si, former director of the ODA-funded East-West Avenue project in Ho Chi Minh City , on charges of “taking bribes”. The request was made after the Agency concluded investigations into evidence and documents relating to Si’s involvement in a case...
 
 

PM sets up Vinashin restructuring committee

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PM sets up Vinashin restructuring committee Prime Minister Nguyen Tan Dung on August 13 signed Decision 1470/QD-TTg to establish a steering committee for restructuring the country’s largest ship builder, Vinashin, to help it rapidly stabilise and develop after financial problems. He appointed Permanent Deputy Prime Minister Nguyen Sinh Hung as head of the committee and Deputy Prime Minister Hoang Trung Hai as the deputy....
 
 
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