Cambodia mulls foreign ownership of buildings, offices

August 21, 2008 in Uncategorized
Tags: Add new tag, buildings, Cambodia, mullseign, of, offices, ownership

Phnom Penh (VNA) – The Cambodian government is mulling to allow foreigners to own condominiums and office buildings, local media reported. The move aims to prevent a possible downturn in property values and boost long-term investment, the Cambodia Daily said on August 20. At present in Cambodia, foreigners are prohibited from owning land or fixed [...]

Malaysia to announce new fuel price

August 21, 2008 in Uncategorized
Tags: Add new tag, announce, fuel, Malaysia, new, price

Kuala Lumpur (VNA) – The Malaysian government will announce the new fuel prices on Aug 31, which will take effect on September 1, local media reported. The new price would be based on the average fuel prices throughout the month of August and after deducting the 30-sen subsidy per litre, Malaysia’s Bernama news agency cited [...]

Indonesia to expand rubber plantation

August 21, 2008 in Uncategorized
Tags: Add new tag, expand, Indonesia, plantation, rubber

Jakarta (VNA) – The Indonesian government has adopted a policy to develop the country’s national rubber industry through revitalisation of plantations to benefit from the current favourable international price of rubber. The main target of the programme was to expand the rubber-growing area from 60,000 to 85,000 hectares, and by the end of 2010 the [...]

UN agency sends more food to southern Philippines

August 21, 2008 in Uncategorized
Tags: Add new tag, agency, food, More, Philippines, sends, southern, UN

– The UN World Food Programme (WFP) said on August 20 that it will deliver additional food aid to about 60,000 people displaced by a recent flare-up of violence in the southern Philippines between government forces and Muslim rebels. Internally displaced people in the provinces of Lanao del Sur and Lanao del Norte will [...]

VN-Index tumbles on big sales

August 21, 2008 in Uncategorized
Tags: Add new tag, big, sales, tumbles, VN-Index

Hanoi (VNA) – Huge sales pushed the VN-Index down on Aug. 20 with the index closing at 508.47 after sliding 2.06 points, or 0.6 percent, although market liquidity and trading value remained high.Trading volume reached 32.38 million shares and fund certificates for a turnover of 1.2 trillion VND (72.7 million USD). The HCM Stock Exchange [...]

HAGL hires assets experts before listing

August 21, 2008 in Uncategorized
Tags: Add new tag, assets, before, experts, HAGL, hires, listing

Hanoi (VNA) – Hoang Anh Gia Lai Joint Stock Co (HAGL) has signed contracts with KPMG, CB Rechard Ellis and Ernst&Young in order to evaluate assets before its planned share listing in October. Under the contracts, KPMG will assess HAGL’s assets in several fields, including rubber, hydro-electricity, mining and the company’s hotel business, while CB [...]

Engineering sector urged to increase int’l cooperation

August 21, 2008 in Uncategorized
Tags: Add new tag, cooperation, Engineering, sector, urgedcreaset’l

Hanoi (VNA) – A party politburo member has asked the engineering industry to increase technological transferring and international cooperation in personnel training and scientific research to boost its development.Truong Tan Sang, who is also standing member of the Communist Party of Vietnam Central Committee’s Secretariat, made the request while working with the Vietnam Association of [...]

Medi-Pharm Expo 2008 opens in HCM City

August 21, 2008 in Uncategorized
Tags: 2008, Add new tag, City, expo, HCM, Medi-Pharm, opens

HCM City (VNA) – Local companies join foreign businesses from 20 countries and territories to showcase their medical and pharmaceutical products at an exhibition that opened in Ho Chi Minh City on August 21. The organisers of the Saigon Medi-Pharm Expo 2008 – the Vietnam Medical Products Import and Export Joint Stock Company and the [...]

Mobile phone market attractive to foreign investors

August 21, 2008 in Uncategorized
Tags: Add new tag, attractiveeignvestors, market, Mobile, phone

Hanoi (VNA) – With growth rate of 60-70 percent a year, the highest in Asia , the Vietnamese mobile phone market has become an attractive destination for foreign telecom groups. In addition to telecom companies which have run businesses profitably in Vietnam for a long time like Ericsson, Motorola, Siemens and Nokia, the coming of [...]

Vietnam Auto Show 2008 features hybrid cars

August 21, 2008 in Uncategorized
Tags: 2008, Add new tag, Auto, cars, features, hybrid, Show, vietnam

Hanoi (VNA) – Vietnam Auto Show 2008, the biggest of its kind so far, opened in Hanoi on August 21 with hybrid cars on show for the first time. It is also remarkable that the local supporting industry is well represented at the event, an encouraging sign of the industry’s growth. World-renowned makers such as [...]