Job promotion in cooperative economic sector




Ha Noi, Dec. 29 (VNA) -- The National Fund for Job Promotion has since 1993 granted VND 166,899 billion to 1,543 job creation projects, providing jobs for more than 45,000 people.

The Viet Nam Cooperatives' Alliance (VCA) has been assigned by the State to manage loans granted by the National Fund for Job Promotion to the cooperative economic sector, and small-and medium-scale enterprises.

FDI in Vietnam in 2000



Ha Noi, Dec. 30 (VNA) -- Viet Nam has so far this year licensed 303 foreign-invested projects, with a total capital of more than USD 1.9 billion. Besides, enterprises in operation have added USD 268.9 million to their investment capital.

This brings the country's foreign-invested projects to 2,601 with a combined valid capital of USD 35.47 billion.

Government' year-end meeting




Ha Noi, Dec. 27 (VNA) -- The Government held its regular year-end meeting in Ha Noi on Dec. 27 to review implementation of socio-economic development tasks in December and the year and define major socio-economic development tasks for the first quarter of next year.

The meeting was chaired by Prime Minister Phan Van Khai and his deputies Nguyen Tan Dzung, Nguyen Manh Cam and Pham Gia Khiem.

Stock market in Vietnam


Dec. 27 (VNA) -- The State Securities Commission's Ho Chi Minh City representative Bui Nguyen Hoan proposes that irregularities at the city's stock-trading centre be eliminated before the opening of a Ha Noi bourse.

Hoan says Viet Nam's infant stock market offers many potential opportunities for retrieval at low risks if the irregularities can be eliminated. Foreign buyers have yet to properly engage in a market that involves just USD 20 million worth of listed stock shares.

Export turnover of 14,3 billion USD in 2000





Ha Noi, Dec. 27 (VNA) -- Viet Nam earned record export turnover of USD 14.3 billion in 2000, a year-on-year increase of 24 percent.

Foreign-invested enterprises produced almost half of the turnover, more than USD 6.9 billion, including USD 3.58 billion from exports of crude oil. Domestically-invested enterprises earned USD 7.4 billion from exports.

Fisheries sector expected to grow up



Ha Noi, Dec. 23 (VNA) -- The fisheries sector is trying to join the world's major exporters in the first decade of the century and its turnover is expected to reach USD 2.5 billion by 2005 and USD 3.5 billion by 2010.

Procedure for self-funded studies



Ha Noi, Dec. 23 (VNA) -- Procedures for self-funded studies abroad will be simplified, creating better conditions for the Vietnamese students can pay their own expenses for their studies abroad.

Representatives from consultative establishments for self-funded studies abroad nationwide gathered at a conference held by the Ministry of Education and Training (MoET) in Ha Noi on Dec. 22 to discuss draft legal documents and regulations relating to their management and enrolment procedures.

German and Japan grant aid to Vietnam



Ha Noi, Dec. 23 (VNA) --

* Germany Loans USD 11.7 million for Building A Dredger

The German Goverment will provide a preferential loan of USD 11.7 million to help build a dredger for Viet Nam's ports.

The loan was approved by the European Commission (EC) on Dec. 21.

The EC said that the loan, made as a development aid to Viet Nam's Nam's Waterway Dredging Company, confirmed with Organization for Economic Cooperation and Development (OECD) regulations governing export credit for ship building.

Seminar on implementation of Customs valuation




Ha Noi, Dec. 19 (VNA) -- A seminar was held in Ha Noi on Dec. 18 to discuss the Agreement on Implementation of Article 7 of the General Agreement on Tariffs and Trade 1994 (Customs Valuation) - one of the annexes to the Uruguay Round Final Act.

The content of the agreement and its impact on the integration, business and customs were presented for discussion. The seminar also touched on how to apply the import-export duties in accordance with the agreement, as well as cooperation between relevant agencies in the preventation of illegal trade.

Japan and Denmark help Vietnam's healthcare and water supply




Ha Noi, Dec. 19 (VNA) --
* Japan Grants More than USD 67,000 to Upgrade Hospital in Bac Can Province

The Japanese Government will grant USD 67,357 as non-refundable aid to upgrade a hospital in Na Ry commune in the northern mountainous province of Bac Can.

Under an agreement for the project signed in Ha Noi on Dec. 18, the donation will be used to buy surgical equipment and instruments for the hospital.

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