Standard&Poor's credit ratings is an achievement for Vietnam

Mon, 06/03/2002 - 16:43

Ministry of Finance answered question from Reuters correspondent: Could I ask your assistance in obtaining comment from the Finance Ministry on Standard & Poor's assignment of credit ratings for Vietnam and ask what implications this has for Vietnam's plans to issue bonds overseas. Given this rating, does the ministry plan to go ahead with plans to issue bonds internationally this year?

Answer:

Textile industry calls for elimination of all quota restrictions

Wed, 05/22/2002 - 23:35

Ha Noi, May 21 (VNA) -- Viet Nam's textile industry has called on the United States and the European Union to eliminate all quantity restrictions imposed on textile imports from Viet Nam, said Le Quoc An, Chairman of the Viet Nam Textile and Garment Association.

Mr. An was speaking at the 35th meeting of the International Textile and Clothing Bureau (ITCB) in Ha Noi on Monday.

He also called on ITCB member countries to support Viet Nam in removing restrictions that the U.S. Government might impose on apparel imports from Viet Nam.

Vietnam steps up economic reform

Wed, 05/22/2002 - 23:32


Tokyo, May 21 (VNA) -- Viet Nam's government will further improve the country's business environment and create favourable conditions for every enterprise to have access to capital, technology transfer and other resources for its development, said Deputy Prime Minister Pham Gia Khiem.

"Fully mobilizing internal strengths, renewing technology, increasing the quality of human resources, raising the competitiveness of goods and services, and improving the business and investment environment are vital for Viet Nam's economic growth," Khiem stressed.

Annoucement of list of projects calling for foreign investment

Mon, 05/20/2002 - 12:08

Ha Noi, May 20 (VNA)-- Industrial and tourism sectors hold the important places in the list of 228 projects calling for foreign investments during the 2001-2005 period signed by the Prime Minister on May 17.

The oil and gas sector calls for foreign investment in a USD 17 million project on post-petrochemical products, an industrial gas project in the Hoa Khanh industrial park in central Da Nang city, a USD 12 million product-sharing contract for exploration and exploitation of new oil fields.

World Bank: Vietnam exports to increase

Sun, 04/21/2002 - 23:42

External demand for Vietnamese exports are projected to increase in 2002, according to the World Bank country economic monitor report for spring 2002 in Hanoi on April 18.

The report assesses economic performance in 2001 and the first quarter of 2002 and takes stock of the implementation of structural reforms in the last six months.

Vietnam's economy continues on high growth path

Mon, 04/15/2002 - 11:10

Ha Noi, Apr. 15 (VNA) -- Viet Nam's economic growth is expected to increase by 6.2 percent and 6.8 percent, respectively, in 2002 and 2003, compared to 5.8 percent in 2001, according to the Asian Development Bank (ADB).

"Viet Nam's growth rate was one of the highest rates of expansion in Asia last year. Developing Asian countries recorded an average GDP growth of only 3.7 percent in 2001," Country Director of the ADB for Viet Nam John Samy noted.

Vietnam business raise competitiveness of domestic products

Tue, 04/09/2002 - 00:03

Ha Noi, Apr. 8 (VNA) -- Customers nationwide have selected products from 422 businesses which they deem to be Viet Nam's highest quality goods, according to a market survey conducted recently by Sai Gon Tiep thi (Sai Gon Maketing) newspaper.

Automobile and Petroleum Exhibition AUTOPETRO

Wed, 04/03/2002 - 11:26

Automobile and Petroleum Exhibition and Conference (AUTOPETRO) is an outstanding event in Vietnam.

With the supports of six Ministries, relevant organizations and participations of well-known companies and thousand products on display, Autopetro is not only a forecaster of trend but also reflect the fact of the industries of Automobile and Petroleum.

Announcement on electronics, IT competition in Vietnam

Fri, 03/29/2002 - 17:37

Vietnam Electronic Industries Association-VEIA releases this announcement on the content of Electronic, IT, Telecommunication product competition.

1. Objective:

The competition is designed to stimulate enterprises, organizations and individuals to research, create and produce more Vietnam trade mark Electronics, IT and Telecommunication products with high quality and great competition capacity in domestic and world markets.

2. Organizer: Vietnam Electronic Industries Association-VEIA

No antibiotics in Vietnam's shrimps: FM Spokeswoman

Fri, 03/22/2002 - 10:09

Spokeswoman for Vietnam's Foreign Ministry Phan Thuy Thanh, on March 21 affirmed that Vietnamese shrimp exports contain no antibiotics.

"Experts have informed us that there is no nitrofuran substance in Vietnamese shrimp exports to the EU," she said.

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