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Yen Bai official receives doctorate after just six months

July 29th, 2010

Photo for illustration only. The media reported a Yen Bai Party official who obtained a doctoral degree from Malaysia within six months. ‘Star’ school seats for sale on Internet University education: many universities, few teachers People founded universities raise tuition fees The public now doubts the value of a doctoral diploma earned from Malaysia by [...]

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Lacey Act amendment puzzles wooden furniture exporters

March 29th, 2010

etnam’s wooden furniture exporters are now as nervous as cats on hot bricks because a new American law aimed at curbing trade in illegal timber will take effect as of April 1, 2010.  The exporters told Thoi Bao Kinh Te Saigon that they still do not know what they have to do to obey the [...]

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Ministry fuels trend on tight car import regulations

March 1st, 2010

To curb the trade deficit, the Ministry of Industry and Trade is seeking agreements with related agencies to continue restricting importations of cars with less than 16 seats. The prices for cars in Vietnam are high in the world. In a recent petition sent to the Ministries of Finance and Transportation, MOIT hopes to …

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Opening the door to tourism real estate

February 13th, 2010

The Vietnamese tourism industry’s ongoing recovery is a good signal for investors to tap into the nation’s lucrative tourism real estate industry. Vietnam is not immune to the global economic crisis, as data released by Vietnam National Administration of Tourism (VNAT) showed that foreign tourist arrivals to the country last year were down by 10.9 [...]

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Crisis over – Vietnam ready to welcome investment

January 21st, 2010

US Bankers Goldman Sachs has put Vietnam in a group of 11 countries with the highest growth rates – stating that Vietnam continues to be a good destination for investors. It’s believed this conclusion, alongside other recent good press for Vietnamese industry will boost investment. Many projects raring to go A number of existing foreign [...]

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Remittances from abroad fall 20% in 2009

January 3rd, 2010

Customers at the Ha Noi office of the DongA bank receive money from their relatives abroad. Remittances into Viet Nam for 2009 are expected to fall considerably against 2008. Remittances into Viet Nam in 2009 are expected to fall considerably against 2008, but investment has remained buoyant despite the global economic recession. Nguyen Hoang Minh, [...]

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Where does the trade deficit come from?

December 4th, 2009

Vietnam doesn’t just import cars from the US and beef from Argentina.  Now it also imports apples and pears from South Korea and vegetables from Italy. That’s a part of the explanation why the trade deficit has grown sharply in the last months of the year. Our appetite for imports has become our headache.  Experts [...]

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Corporate bonds attract foreign investors

November 24th, 2009

2009 has been a really good year for bond offers by Vietnamese companies.  Both Vietnamese and foreign investors have snapped them up. Vietnamese corporate bonds will be listed on Singaporean stock market Vincom Group earlier last week sold a $100 million issue of corporate bonds and listed the bonds on the Singapore Stock Exchange, becoming [...]

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Taking a plane to the shops

November 5th, 2009

VietNamNet Bridge – Overseas shopping trips are now becoming more popular for the richer, more mobile, Vietnamese. Thanh Son in district 10 of HCM City goes abroad once a month, to ‘hunt’ for goods. Sometimes he visits Akihabara electronics market in Japan. Sometimes he goes to Sim Lim trade centre in Singapore to seek ‘original goods’ not available on the domestic [...]

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Inspection of imported meat, though tighter, is still loose

October 27th, 2009

International shipments of frozen meat must bear a certificate of safety. Additionally, imports are inspected by the Veterinary Agency before they are cleared through customs clearance. How, then, can ‘dirty meat’ penetrate Vietnam? Tuoi tre concludes that the problem lies in the way the officials examine the imports. Just five minutes to test samples …

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