Visco at PALME show Vietnam 2010

Update: 9/27/2010 8:50:51 PM

The industrial PALME show was taken place at Vietnam the first time in July 2010. Visco has taken the chance to showcase the new launching compact powered loudspeaker EV ZXA1 and also the legendary EV products such as EVID, TX and also the powerful mixer Dynacord CMS 2200 - the heart of every sound

European Bank funds HCMC’s urban railway

Update: 12/7/2010 11:07:12 AM

The European Investment Bank (EIB) has agreed to provide a credit of 150 million EUR for a project to build the second metro route in Ho Chi Minh City. An agreement was signed in Hanoi on December 6 between Vietnam’s Finance Ministry and the EIB, which will co-finance the project along with the Asi

HSBC Vietnam named best bank in Vietnam for 2010

Update: 12/3/2010 2:15:37 PM

The Hong Kong-Shanghai Banking Corporation (HSBC) Vietnam Ltd (HSBC Vietnam) has been named Best Bank in Vietnam by The Asset Magazine in their Triple A Country Awards for 2010 for performance in banking and finance sectors within Asia. This is the third consecutive year that the bank received the

Import taxes cut for petrol

Update: 12/3/2010 2:06:14 PM

The import tax for gasoline was reduced to 12 percent from 17 percent, Deputy Finance Minister Tran Van Hieu decided on December 1. The import taxes for diesel and kerosene were also cut a half, from the current rate of 10 percent to 5 percent. Some fuel traders including state-owned giant Petroli

EPCC contract signed for Thi Vai LPG depot

Update: 12/2/2010 2:48:24 PM

The PetroVietnam Gas Corporation (PV Gas) and its contractors signed a 114 million USD contract on November 30 to build the Thi Vai liquefied petroleum gas (LPG) depot in Ba Ria-Vung Tau province. The contractors, the PetroVietnam Construction Corporation (PVX) and the Daewoo Engineering Company (

CG conference to discuss sustainable development

Update: 12/2/2010 1:19:27 PM

(SGGP).– The Consultative Group (CG) Meeting 2010 will be hosted in Hanoi on December 7 and 8 with the main theme “Macro-economic stabilization and sustainable development.” The Ministry of Planning and Investment said the conference will take priority to debate strategies for sustainable developme

PM wants stable prices and supply of goods during Tet

Update: 12/2/2010 1:03:43 PM

(SGGP).– Prime Minister Nguyen Tan Dung on November 30 called on ministries, sectors and local agencies to continue to boost production of goods and supply, and ensure a stable market during Tet (Lunar New Year) next February and the first quarter of 2011. The PM said though the Government has adop

When will the iPhone 4 fever end?

Update: 12/2/2010 12:48:19 PM

An iPhone 4 fever has appeared on Vietnam’s market ever since the “apple” began selling in Vietnam on September 30. The strange thing is that while Vietnamese customers are thirsty for “apples”, Vietnamese companies are only importing dribs and drabs of the product. Buyers told to keep waiting and

Snowfall disrupts northern Europe's airports and roads

Update: 12/2/2010 11:49:39 AM

Heavy snowfall has caused disruption across northern Europe, closing airports and bringing traffic to a standstill. In Poland, eight homeless people died as temperatures fell below -20C (-4F). Airports were closed in the UK, France and Switzerland. Dozens of flights were affected in Germany and Sp

Standard Chartered: Vietnam dong likely to strengthen in 2012

Update: 12/2/2010 10:58:22 AM

The U.S. dollar on Wednesday rose by VND100 to VND21,300 on the unofficial market. Earlier, while the U.S. dollar was depreciating against other currencies, it strengthened against the Vietnamese dong. Louis Taylor, new CEO of Standard Chartered Bank in Vietnam, Laos, and Cambodia, spoke with The Sa