Party Leader Visits Cuba

Tue, 07/06/1999 - 12:34

Nhan Dan July 6, 1999 - Vietnamese Communist Party General Secretary Le Kha Phieu is flying to Cuba today for an official visit at the invitation of Cuban Communist Party leader Fidel Castro.

General Secretary Le Kha Phieu

FDI Shows Positive Contributions

Sun, 07/04/1999 - 12:34

Nhandan July 4, 1999 - According to tax statistics, during the first six months of the year, the foreign direct invested (FDI) businesses have contributed some VND 5,907 billion to the state budget, accounting for 42.7% of the annual plan. This means 92% in comparison with that of the same period last year. FDI businesses have shown great efforts in the implementation of tax laws.

Export from Foreign Invested Businesses Up

Sun, 07/04/1999 - 12:34

NhanDan July 4, 1999 - Exports from foreign invested businesses in the first half of 1999 were 9% and revenue 22% higher than last year, according to statistics released by the Ministry of Planning and Investment (MPI).

MPI figures indicated a slight decline in the amount of investment capital being realised, reaching only 75% of the planned amount while registered capital occupied 60% as compared to the first six months of 1998. New investment capital and capital increase from existing projects accounted for only 60% of the same period last year.

US $885 Million of Foreign Investment

Sun, 07/04/1999 - 12:34

Nhandan July 4, 1999 - Vietnam has attracted some US $885 million as investment capital in the first half of 1999, according to statistics released by the Ministry of Planning and Investment (MPI).

According to MPI figures, there were 109 new foreign direct investment (FDI) projects with total investment capital of US $601 million and 58 existing projects were also applying for capital increase. There are now about 2,123 foreign direct investment projects in effective operation in Vietnam to date with total invested capital of over US $35 billion.

Vietnam to Export Crude Oil to Thailand

Sun, 07/04/1999 - 12:34

Nhan dan July 4, 1999 - Vietnam has planned to export crude oil for Thailand's oil refineries and import refined products.

This is one of the significant schemes discussed at the sixth meeting of the Vietnam-Thailand Joint Commission for Economic Co-operation recently held in Hanoi.

The Thai Foreign Minister Surin Pitsuwan reconfirmed the great potential in oil co-operation between the two countries, at a press conference.

US $10 Million Grossed in Tea Export

Sun, 07/04/1999 - 12:34

Nhandan July 4, 1999 - 6,200 tonnes of different kinds of tea were exported by the Vietnam Tea Corporation in the first half of this year, achieving nearly US $10 million worth of export, a 2,000 tonnes and about US $2.6 million increase compared to the same period last year.

Defense Minister visits Russia

Sun, 07/04/1999 - 12:34

Nhandan July 4, 1999 - A Vietnamese high-ranking military delegation led by Defence Minister Pham Van Tra have talked with a Russian high-ranking military delegation led by Defence Minister, Marshal Igor Sergeyev.

The two sides have exchanged views on world and Asia-Pacific situation and on friendship co-operation in national construction and defence of Vietnam and the Federal Republic of Russia.

Korea Helps Set up Stock Exchange

Sun, 07/04/1999 - 12:34

Nhandan July 4, 1999 - According to an agreement signed on July 2, 1999 between the Ministry of Planning and Investment of Vietnam and the Embassy of the Republic of Korea in Vietnam, the Republic of Korea International Co-operation Agency (KOICA) will implement the second phase of the technical assistance programme to set up a stock exchange of Vietnam (SEV).

Ho Chi Minh City Attracts New Investment

Thu, 07/01/1999 - 12:34

Ho Chi Minh City has attracted 36 more foreign investment projects with total investment capital of US $57.1 million in the first half of 1999.

Of these, 24 projects were outside industrial zones (IZs) and export processing zones (EPZs) with total capital of US $40.6 million.

To date, there are 768 foreign investment projects in Ho Chi Minh City with total capital of US $9,925 million. EZs and EPZs have attracted 46 projects with total investment capital of US $265.5 million.

58,000 Tones of Rubber Produced

Mon, 06/28/1999 - 12:34

Nhan dan June 28, 1999 - The Vietnam National Rubber Corporation has produced some 58,000 tones of rubber in the first six months of the year, according to a corporate report released at a review meeting in Ho Chi Minh City on June 24.

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