Archive for August 11th, 2008

Vietnam will have to import pork, beef and poultry at the end of this year if the animal breeding and feed processing industry fails to solve its current predicaments soon, Le Ba Lich, chairman of the Vietnam Animal Feed Association has warned. Lich said many pig farmers, especially in southern provinces, quit the biz [...]

Foreign real estate brokers with valid licences granted by foreign agencies will be permitted to practise in Vietnam , the Construction Ministry has said. These licences must be translated into Vietnamese, noterised or certified in accordance with the Vietnamese laws, and sent to local agencies in charge of managing real estate business activities, the [...]

Of 76,000 cars evaluated, more than 11,000 failed to meet European Emission Standards for passenger cars (Euro 2), according to Nguyen Huu Tri, director of the Vehicle and Motor Test Department at the Vietnam Register.Over 3,000 cars in violation used petrol and 8,500 used diesel.“Most non-standard cars can get operation certificates after receiving necessary [...]

Leading experts in agriculture say the Government needs to ensure the sustainable development of the industry and protect landless farmers.Investment in agriculture has dropped and farmers are losing income, they said.Land for agriculture has also been taken for commercial projects of various kinds, and as a result, the amount of arable land has shrunk.Dr. [...]

Russia ’s leading real estate business, Mirax Group, officially opened its representative office in Hanoi and received a licence for its first investment in Vietnam on August 11. Under the license, the group will invest 200 million USD in a 300-room five-star hotel and 100 villas on the Cam Ranh peninsular of central Khanh [...]

Many Argentine businesses have showed their interest in developing cooperation, particularly in tourism, with Vietnamese partners. At a seminar on Vietnam-Argentina business cooperation held in Hanoi on August 11, Argentina ’s leading entrepreneurs scrutinised Vietnam ’s policies for foreign investors. Vice President of the Vietnam Chamber of Commerce and Industry (VCCI) Hoang Van Dung [...]

The stock market marked the new week with green colour dominating electronic boards in both floors. The Ho Chi Minh Stock Exchange’s benchmark VN-Index rose 2.37 percent or 10.25 points to end at 454.8. The floor witnessed over 15.7 million shares worth almost 635 billion VND changing hands. As many as 151 stocks enjoyed [...]

Trade and Industry Minister Vu Huy Hoang will lead a delegation to visit Egypt and Turkey in late October to boost cooperation.The Vietnamese delegation will attend meetings of the joint commissions between Vietnam and the two said countries.The delegation will be accompanied by businesses specialising in farm produce export, garments and textiles, footwear, fisheries, [...]

The Vietnam Red Cross (VRC) has decided to give almost 1 billion VND in relief to flood victims in northern provinces which were hit by storm Kammuri.Lao Cai, Yen Bai and Phu Tho provinces will receive 100 million VND each and Lai Chau, Son La, Ha Giang and Bac Kan provinces will be given [...]

Seven out of the eight miners trapped underground in a coal mine accident in northern Quang Ninh province have been rescued.Search is continuing for the remaining trapped miner.The accident triggered by a water leakage occurred at 3 a.m. on August 10 at the Tay Khe Sim coal mine when 17 workers were dismantling equipment [...]