Forex market stabilization requires solid measures

Forex market stabilization requires solid measures

Under Decree No. 11 of the government, State bank of Viet Nam sent out warning messages against foreign exchange including measures to limit foreign currency loans and mobilization, subjects of USD loans, and foreign currency exchanges in a bid of controlling inflation, stabilizing macro-economics, and social wellfare.

EC removal of footwear tariffs suitable: spokesperson

EC removal of footwear tariffs suitable: spokesperson

A Foreign Ministry spokesperson on March 24 described the European Commission (EC) decision to lift anti-dumping tariffs on Vietnamese leather-capped shoes from March 31 as “suitable”.

Country saves with economical use of power

Country saves with economical use of power

Vietnam saved a total of 56.9 billion kWh of electricity in five years, 2006-2010, an official of the Ministry of Industry and Trade (MoIT) said on March 25.

Phuoc Hoa Rubber JSC pays attention to taking care of laborer’s lives

Phuoc Hoa Rubber JSC pays attention to taking care of laborer’s lives

Along with its successes in production-trading activities, Phuoc Hoa Rubber Joint Stock Company (JSC) has attached special importance to taking good care of the lives of laborers. This has helped the company’s laborers keep their mind on work with the labor quality improved.

VID Group, Maritime Bank raise funds for Japan

VID Group, Maritime Bank raise funds for Japan

In response to the call of the Vietnam Red Cross Society, the Vietnam Investment Development Group (VID Group) and Maritime Bank have just held a ceremony to raise funds for victims of the Japan’s earthquake and tsunami.

Province’s trade surplus reaches US$325mln in 2011’s first quarter

Province’s trade surplus reaches US$325mln in 2011’s first quarter

The province’s export turnover reached more than US$1.95trillion in the first quarter of 2011, up 20.3% compared to last year’s same period. Of the total figure, the domestic investment sector accounted for 21.5%, up 14.4% over last year’s same period while the FDI sector accounted for 78.5%, up 22% against last year’s same period.

Ba Nhat Cooperative reaches nearly VND190bln in total revenue

Ba Nhat Cooperative reaches nearly VND190bln in total revenue

In 2010, the Ba Nhat Cooperative, which is specialized in manufacturing products from bamboo and rattan, secured VND188.9bln in total revenue, a year-on-year increase of 10.87%. Its export turnover was estimated at US$10.2mln.

Initial results after one month of implementing Resolution 11

Initial results after one month of implementing Resolution 11

Right after Resolution 11 on curbing inflation, stabilizing macro-economy and ensuring social welfare is launched, Binh Duong province has implemented this resolution strictly. After one month of implementing Resolution 11, initial results are very remarkable.

ProPak Vietnam 2011 absorbs over 240 int’l companies

ProPak Vietnam 2011 absorbs over 240 int’l companies

The sixth International Processing, Filling and Packaging Exhibition (ProPak Vietnam 2011) at the Saigon Exhibition and Convention Centre (SECC) in Ho Chi Minh City closes today, March 25 after three days of opening.

IMF official praises Vietnam’s economic efforts

IMF official praises Vietnam’s economic efforts

Vietnam’s recent resolution to stabilise its macroeconomy showed the government’s determination to control the economy in the current situation, said an IMF official.

Exports hit US$19.2 billion in the first quarter

Exports hit US$19.2 billion in the first quarter

Exports in the first quarter of this year are estimated to hit US$19.2 billion, up 33 percent compared to the same period last year, said Deputy Minister of Industry and Trade Nguyen Thanh Bien on March 24.

Employers and employees enjoy interests from vocational training

Employers and employees enjoy interests from vocational training

Implemented since 2005, the vocational training program under local Center for Industrial Development and Industrial Promotion (CIDIP)’s industrial promotion activity has reached high results, helping local businesses uphold investment efficiency.

Over VND17bln spent on study promotion activities

Over VND17bln spent on study promotion activities

Early March 22, provincial Study Promotion Association held a conference to review its activities in 2010.

Province’s new countryside bound for modern and sustainable development

Province’s new countryside bound for modern and sustainable development

Building the new countryside in the industrialization and modernization process is a great program of Binh Duong province. In the coming time, many programs will be implemented towards building a civilized, modern and sustainable Binh Duong new countryside.

Province is determined to cut down 10% of public investment in basic construction, provincial chairman Le Thanh Cung says

Province is determined to cut down 10% of public investment in basic construction, provincial chairman Le Thanh Cung says

Chairman of provincial People’s Committee Le Thanh Cung, on March 23, presided over a conference to sum up the province’s basic construction activities in 2010 and implement tasks for 2011.

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