Your Vietnam

Sean Doyle (C), ambassador and head of the Delegation of the EC to Vietnam, talks to speakers at the seminar in HCMC last week – Photo: Mong Binh

HCMC – The European Chamber of Commerce in Vietnam (EuroCham) is organizing a series of seminars and courses to assist Vietnamese business associations in building capacities for European [...]

The Government will compile a list of procedures, examine and remove those that are unnecessary as it seeks to provide fresh impetus to the administrative reform process, a senior official said last Friday.

This would be the first stage of the project, said Minister Nguyen Xuan Phuc (photo), head of the Government Office and chairman [...]

The rates of interest on both bank loans and deposits are dropping in a positive sign for businesses.

However, many enterprises are still hesitant to take out loans as they’ve yet to make any decisions on investment or expansion. The situation gives rise to the possibility of more adjustments to both basic and commercial interest rates.

Apart [...]

Many cases of foreign travelers swindled by illegal taxis at Noi Bai airport have been reported recently. Travel firms have voiced concern that the existence of illegal taxis may seriously threaten the image of Vietnam’s tourism.
VND 6 million ($352) to go from Noi Bai to Hanoi’s centre

Cheating cases reportedly occurred in mid-2005. Foreign travelers, after [...]

Vietnam exported 87,000 workers in 2008, exceeding the plan set up early last year (85,000).

The Republic of Korea is one of the most attractive markets for workers due to good working condition and high income. Last year, there were 18,000 Vietnamese workers exported to the country.   

Numerically stronger, Taiwan drew some 30,000 Vietnamese workers in 2008, [...]

Several supermarkets in HCM City have said sales in recent days have gone up by two to three times as residents go shopping for Tet.

Other supermarkets like Big C, Citimart, Maximark and Lotte Mart had also reported that the number of customers had increased constantly over the last few days.

Bui Hanh Thu, deputy general director [...]

Shipping fees soared to record peaks in the first half of 2008, which helped shipping companies obtain the impressive growth rate of 50% last year. However, fees have been plunging since, forcing firms to be reserved as far as their business plans for 2009. 

A prosperous 2008 

The Vietnam National Shipping Lines (Vinalines) has reported the impressive [...]

Whether more garment and footwear jobs will be cut depends on the negotiations of garment companies with partners to seek orders. 

US $11 billion or US $9 billion? 

Garment and footwear companies are making up 23% of total export turnover, and using some two million direct labourers. 

The Ministry of Industry and Trade (MOIT) held an online meeting [...]

Prime Minister Nguyen Tan Dung affirmed that Vietnam will work for a stronger cooperation with the UK for the interests of the two countries’ people.

UK Minister Gareth Thomas. (Photo: VNN)

 
PM Dung made the affirmation at his reception for Gareth Thomas, State Minister of the Department for Business, Enterprise and Regulatory Reform of the United Kingdom [...]

When asked about the response of the Vietnam National Administration of Tourism (VNAT) to the complaints by travel firms that the 30-50% tour fee reductions are really shocking, VNAT said that the announced 30-50% just the average reductions.

Foreign tourists in Hai Phong City (Source: haiphong.gov.vn)

Vu The Binh, Head of the Travel Department under VNAT said [...]