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Japan has announced it will grant urgent loans worth around $3 billion for Asian economies to deal with economic crisis, including $150-200 million for Vietnam. The Japanese government plans to lend Vietnam between $150 and 200 million to support its economic stimulus package. Nguyen Xuan Tien, vice chief of the Ministry of Planning and Investment’s [...]
Apartment blocks built for low income people in Tan Binh District of Ho Chi Minh City. The Government has amended regulations to reduce value added tax (VAT) by 50 percent on housing built by developers for students, workers, and poor people. They also get corporate tax waiver on income from these categories of housing this [...]
Visiting Australian Minister for Trade Simon Crean (L) and Vietnamese Minister for Plan and Investment Vo Hong Phuc (R) walk in a meeting room to attend an annual joint-meeting on trade and economics held in Hanoi on July 24, 2009 (AFP photo) Australia Friday pledged 12 million dollars (9.8 million US) to help Vietnam adjust [...]
Prime Minister Nguyen Tan Dung signed a decision to appoint some new Deputy Ministers for the Ministry of Trade and Industry, Ministry of Home Affairs and Ministry of Natural Resources and Environment. Specifically, Nguyen Nam Hai, General Director of the Vietnam Tobacco Corporation, is appointed Deputy Minister of the Ministry of Trade. Nguyen Tien Dinh, [...]
Foreign ministers from the Association of Southeast Asian Nations (ASEAN) concluded their annual meeting yesterday after focusing mainly on ways to tackle emerging regional problems and implementing the ASEAN Charter. Deputy Prime Minister and Foreign Minister Pham Gia Khiem (fifth from right) with Thai Prime Minister Abhisit Vejjajiva and other ASEAN foreign ministers at the [...]
A Vietnamese fishing boat was sunk by a foreign craft on July 15 while catching fish in the sea off Quy Nhon and Phu Yen provinces in central Vietnam, around 200 km from the mainland. Vietnamese fishing boats. The captain of the Vietnamese boat, which came from the central province of Quang Ngai, sent SOS [...]
President Nguyen Minh Triet arrived in Egypt for the 15th summit of the Non-Aligned Movement (NAM). President Nguyen Minh Triet (left) arrives yesterday, July 14 in the city of Sharm el-Sheikh, Egypt. (Photo: VOV) Representatives from the Egyptian Ministry of Foreign Affairs welcomed Triet at Sharm el-Sheikh International Airport. Triet is expected to hold talks [...]
he National Assembly’s Standing Committee starts a three-day meeting today, July 16 to discuss a range of issues, including plans to build the new Parliament House and proposed changes in State budget collection. Other topics on the agenda include the proposed project on the new Parliament House and initial ideas for the late year meeting [...]
The US State of Maryland will set up representative offices in Hanoi and HCM City to attract Vietnam’s investment to the state and support its companies that do business in the country, according to the administration of the State. The offices will be managed and operated by the export-import company Meiwah International Holdings based in [...]
Vietnam and Thailand have agreed to promote bilateral friendship and all-round cooperation, especially in economics, investment, trade, culture, education-training, health care, science-technology and tourism. Party leader Nong Duc Manh (R) receives the Thai PM in Hanoi. The agreement was reached during high-level talks in Hanoi on July 10 between Prime Minister Nguyen Tan Dung and [...]