243 businesses attend ProPak and PIA/Vietnam exhibitions

243 businesses attend ProPak and PIA/Vietnam exhibitions

The 6th International Processing, Filling and Packaging Exhibition and Conference for Vietnam (ProPak Vietnam 2011) and International Pharmaceutical and Cosmetic Processing, Filling, Packaging and Ingredients Exhibition (PIA/Vietnam) are being held in Ho Chi Minh City from March 23-25.

Vietbuild 2011 opens in Hanoi

Vietbuild 2011 opens in Hanoi

  Around 500 businesses from 18 countries are attending Vietbuild Hanoi 2011, an international exhibition of construction, building materials, housing and interior/exterior decorations, being held from March 23-27.

World Bank praises Vietnam’s economic policies

World Bank praises Vietnam’s economic policies

The World Bank (WB) reported on March 21 that Vietnam announcing policies to stabilize the macroeconomy is an important step toward restoring the country’s image as one of the most attractive destinations in the region.

Southern hub CPI in March grows 2.2 percent

Southern hub CPI in March grows 2.2 percent

 The Ho Chi Minh City Statistical Office reported a growth of 2.2 percent in the Consumer Price Index (CPI) in March over February, representing a year on year increase of 10.76 percent.

Cooperation helps rural youths develop home-based business

Cooperation helps rural youths develop home-based business

To uphold youths’ role in spurring rural industrialization and modernization, Binh Duong provincial Youth Union and the local Department of Agriculture and Rural Development have implemented a concerted program for the 2010-2012 period. After nearly one year of cooperation, the program has showed remarkable results in helping rural youths apply and transfer advanced techniques to improve productivity and quality of animal and plant species.

Credit agreement to support businesses inked

Credit agreement to support businesses inked

Sacombank Finance Leasing Company (Sacombank-SBL) has just signed a credit agreement worth US$5mln with Norfund (the Norwegian Investment Fund for Developing Countries) to provide medium and long-term loans for small and middle-sized businesses in Vietnam.

Training course on timber processing technique for South African learners opened

Training course on timber processing technique for South African learners opened

Truong Thanh Furniture (TTF) just opened a training course on timber processing technique for 21 South African learners. The 3-month course will be divided into 2 phases including the first 2 months learners will study at TTF Dac Lac Center for timber processing and the last month they will practice at TTF Binh Duong.

My Phuoc IPs-driving force for province’s northern region to develop

My Phuoc IPs-driving force for province’s northern region to develop

Upon the province’s policy to promote the industrial development of the northern region, Becamex IDC has invested and built the My Phuoc industrial parks (IPs) in Ben Cat district since 2002. After 9 year-operation, they have not only changed the economic face of Ben Cat district, but also become attractive destinations for FDI businesses.

EU to remove anti-dumping duties on Vietnam’s leather cap shoes

EU to remove anti-dumping duties on Vietnam’s leather cap shoes

 The European Union (EU) will officially remove anti-dumping duties on leather-capped shoes imported from Vietnam as of March 31, 2011.

Hi-tech agriculture development in need of cooperation

Hi-tech agriculture development in need of cooperation

The local leaders worked with reps of local department of Agriculture and Rural Development at all levels to launch hi-tech agriculture projects in the locality.

Thanh Le Company pays over VND1,750bil to State budget

Thanh Le Company pays over VND1,750bil to State budget

Thanh Le Trade – Import-Export Company yesterday held the 10th congress for employees 2011 with the participation of the provincial People’s Committee chairman Le Thanh Cung.

Da Nang tops 2010 Provincial Competitiveness Index

Da Nang tops 2010 Provincial Competitiveness Index

The 2010 Provincial Competitiveness Index (PCI) was released on March 16 by the Vietnam Chamber of Commerce and Industry (VCCI) and the US Agency for International Development (USAID).

VN, Israel boost cooperation in agriculture

VN, Israel boost cooperation in agriculture

A seminar was held in Hanoi on March 15 to boost economic, trade and investment cooperation between Vietnam and Israel , especially in hi-tech agriculture.

How to protect consumers’ legitimate rights

How to protect consumers’ legitimate rights

The consumers themselves can protect their rights better than any other people or agencies.

Difficulties of decreasing non-production credit rating

Difficulties of decreasing non-production credit rating

Implementing the goal of curbing inflation, the State Bank of Vietnam just decided to adjust 2011’s credit growth plan at the level of 20%, of which credit rating for non-production field was under 16%. At present, many credit bodies are anxious because credit growth in non-production field accounts for 26% of total outstanding loan.

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