NEWS  
IN DEPTH
LIFE IN VIETNAM
Google
 
Secret menus for Hollywood stars in Vietnam

VietNamNet Bridge – Contrary to complications in menus for chiefs of state, menus for Hollywood stars like Angelina Jolie and Brendan Fraser were extremely simple.

BUSINESS IN BRIEF 28/8

WB extends aid to Da Nang’s infrastructure project; Electricity measurement regulation in the pipeline; Hoa Lac Park sets to be national hi-tech centre

Paper group wants tariffs gone

VietNamNet Bridge - The Vietnam Paper and Pulp Association (VPPA) has asked the Finance Ministry to eliminate the tariff on printing paper imports from ASEAN countries. The current tariff run at 5 percent. 

Firms limit recruitment as expenses for raw materials rise

VietNamNet Bridge - The rising cost of raw materials for small – and medium-sized enterprises has caused companies to cut back on employee recruitment, according to officials.

RoK investors invited into traffic, property projects

VietNamNet Bridge - Prime Minister Nguyen Tan Dung assured Minister of Land, Infrastructure and Transport Chung Jong Hwan of good conditions for Republic of Korea investors interested in transport infrastructure and property projects during their meeting in Hanoi on August 27.

Finding no outlet, ingot steel producers weeping

VietNamNet Bridge – The four directors of four ingot steel companies have sent a document to the Vietnam Steel Association (VSA) asking for help as they are seriously lacking working capital and facing bankruptcy.

SBV sets ceiling interest rate for interbank market

VietNamNet Bridge – The State Bank of Vietnam finally decided to set the ceiling interest rate for the interbank market – it must not be higher than 150% of the basic interest rate announced by the State Bank.

Import-export fees: VN businesses inferior at negotiation table

VietNamNet Bridge – Vietnamese businesses now have to pay a lot of unreasonable fees set by foreign shipping agents. And they have to accept this because they cannot rely on domestic services.

$200mil minimum for every international bond issuance

VietNamNet Bridge – Every series of international bond issuances by enterprises must have the equivalent value of $200mil at minimum, according to the draft decree on international bond issuance.

Banks lending VND at US$ interest rates

VietNamNet Bridge – Analysts have anticipated a low-lending interest rate war among banks which will benefit both businesses and banks. While banks can provide more services with the preferential interest rates, businesses can cut production costs.

Read on>>
Miss Earth 2007 to join Mid-autumn Festival with orphans
Set your heart free in mountainous Hoa Binh
VGTA calls for legal framework for gold trading floors
Pasteur Institute tests dengue fever vaccine
US$22.2bil FDI flows into tourism, real estate in Jan-Aug
“Village in Valley” by Vietnamese-German painter
AFF Cup: Vietnam to face-off against Thailand
Telecom charges seen declining further
E-passport for frozen shrimp
Local company wins slot for golf project on Phu Quoc Island