Archive for August 19th, 2008

Vietnamese students in the US who are members of VN Help, a charity organisation established by overseas Vietnamese, on August 19 presented 51 wheelchairs to disabled people and gave 200 free eye surgeries to the poor in northern Bac Ninh province.VN Help President Do Anh Thu said her association coordinated with the Ho Chi [...]

Bao Viet Insurance’s headquarters in Ha Noi. The company made up $101 million of the industry’s total premiums during the first half of the year. — VNS Photo Truong Vi
HA NOI — Non-life insurance premiums rose sharply during the first half of the year, recording a year-on-year increase of 41 per cent, according to the [...]

Paper is rolled out at the Dong Nai Paper Joint Stock Co. The nation imported 118,000 tonnes of pulp, worth $82 million, during the first seven months of this year. — VNA/VNS Photo Van Khanh
HA NOI — Viet Nam is practising an exercise in loss, importing expensive pulp and paper products while exporting wood at [...]

Workers give final touches to a glass window for export at the US-invested SEMCO Co in Phu Yen’s Hoa Hiep Industrial Zone. FDI projects now provide an annual income of more than US$150 million for Phu Yen, with export value gaining more than $90 million. — VNA/VNS Photo Hong Ky
PHU YEN — Foreign direct investment [...]

HCM CITY — ASEAN member-countries have invested nearly US$17.5 billion in Viet Nam this year, accounting for 40 per cent of the total foreign direct investment in the period.
Most ASEAN projects have been on a large scale and focused on property development.
Oil-rich Brunei has invested $4.41 billion in 14 projects, with a single project by [...]

HA NOI — The Japan External Trade Organisation (JETRO) will join hands with the Viet Nam Chamber of Commerce and Industry to organise the Vietnamese Business Mission to Japan, in September.
The mission would be organised on the occasion of the 35th anniversary of the establishment of Viet Nam – Japan diplomatic relations, and would aim [...]

HCM CITY — The price of essential foods, input materials and petrol has dropped but sales have fallen by 20-30 per cent, according to city trade officials.
Trade officials forecast that prices of other products will continue to drop in coming months, benefiting from a price drop in materials and transportation.
To increase sales, several supermarkets and [...]

HA NOI — As many as 12 leading auto makers in Viet Nam will display their flagship vehicles at the Viet Nam Motor Show 2008, the country’s largest car show, which will open in Ha Noi on Thursday, organisers said last week.
The five day event, with the theme Realising Your Dreams, is expected to attract [...]

The facts on ATM-based salaries
by Le Hung Vong
The use of ATM cards to receive monthly salaries is not a compulsory measure for workers at export processing zones and industrial parks and retirees.
It is only being used for officials and civil servants working for Government agencies and People’s Committees from the grassroots to central levels, the [...]