Vietnam to tap around 30m tonnes of crude

Tue, 07/22/2003 - 17:51

Nhandan.org.vn, July 22, 2003

Vietnam's oil and gas industry plans to extract between 30-32 million tonnes of crude equivalent and between 12-19 billion cubic metres of gas by 2010, meeting 60-70% of domestic demand for oil and gas products.

Officials forecast the demand for oil and gas products to jump from 12 million tonnes in 2005 to 17 million tonnes in 2010 and 26 million tonnes by 2020.

Viet Nam's tea output ranks eighth worldwide

Thu, 06/19/2003 - 17:08

(06/19/2003 -- 20:48GMT+7)

Ha Noi, June 19 (VNA)-Viet Nam ranks fifth in tea acreage (108,000 hectares) and eighth in annual tea output (74,812 tonnes) among 20 tea growing and processing countries in the world.

The announcement was made by Doan Duy Khuong, Vice Chairman of the Viet Nam Chamber of Commerce and Industry (VCCI) at a workshop to introduce Viet Nam's tea held in Ha Noi on June 19.

VN never on ‘least developed’ list: UN

Fri, 06/13/2003 - 12:29


HA NOI — Viet Nam has never been on the United Nations list of least developed countries, says the United Nations Conference for Trade and Development

Nor does Viet Nam meet the criteria for the category, it says in a statement issued late last week.

Further, the organisation says it has never published a report – as suggested by a newswire story – that Viet Nam had been removed from the United Nations list of least development countries.

Viet Nam to tightly control aquatic product production and tradin

Wed, 06/11/2003 - 17:04


(06/11/2003 -- 22:29GMT+7)

HCM City, June 11 (VNA)-The Viet Nam Association of Seafood Exporter and Processor (VASEP) will make efforts to tightly control antibiotic residue in aquatic products, settle trade disputes and boost trade promotion activities in the near future.

The announcement was made by VASEP's member units at its national conference held in HCM City today.

Foreign broker breaks open local market

Fri, 06/06/2003 - 14:00


June 2 - 8, 2003 - VIR

FRANCE’S Gras Savoye has become the first foreign insurance broker to be granted an operating licence in Vietnam.

The licence was officially granted by the Ministry of Finance last week.

There are at least two other foreign brokers waiting to join the market: US firm Marsh and Britain’s Jardines. Foreign brokers had said the authorities seemed to be cautious about allowing them into the market.

The ministry is also considering granting licences to three joint-stock brokerages run by Vietnamese nationals.

PM reinforces Viet Nam’s plans to join WTO by 2005

Fri, 06/06/2003 - 11:32



HA NOi — Prime Minister Phan Van Khai has reiterated Viet Nam’s determination to join the World Trade Organisation as soon as possible.

Membership of the WTO would act as a new driving force for Viet Nam, he told delegates attending the forum Viet Nam: Readiness for WTO Accession in Ha Noi on Wednesday.

He also thanked the World Bank for its help to Viet Nam and said that he hoped it would continue supporting the country’s bid for WTO membership.

Vietnam joins negotiation on WTO accession

Tue, 05/27/2003 - 17:49

Nhandan.org.vn, May 27, 2003

World Trade Organisation (WTO) members havespoken highly of Vietnam's positive changes in building and reforming economic policies at the sixth round of talks on the country's WTO accession.

The negotiation took place in Geneva from May 12-22 with the participation of the United States, the European Union, China, Japan, India, Australia, Switzerland, Malaysia, Canada, the Republic of Korea, New Zealand, Uruguay and others, according to the Ministry of Trade.

Interview: PM Phan van Khai

Wed, 03/19/2003 - 18:06

Far Eastern Economic Review
March 20, 2003
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Promised Land Again

Wed, 03/19/2003 - 17:57

By Lan Anh, Sai Gon Times Weekly, March 15, 2003

Vietnam's economic development potential was the main topic at the 13th Asian Corporate Conference held in Hanoi last week. Vietnam has golden opportunities to continue the positive growth rate trend, and attract more foreign investors, said speakers at the conference.

Despite being a regional economic forum, the 13th Asian Corporate Conference centered on Vietnam. Some speakers even said that this was a historic conference, reviving foreign investors' interest in Vietnam. With an audience of 800 who are

Foreign trade bank offers international credit cards

Wed, 03/19/2003 - 17:36


The Bank for Foreign Trade of Vietnam (Vietcombank) has announced that it started launching international credit cards, named Vietcombank - American Express, on Tuesday.

This is the first time the credit cards, which can be used for payment all over the world, have been issued in Vietnam dong in the country under a sole contract signed between the bank and the US's American Express.

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