More than 20,000 businesses after Enterprise Law

Mon, 08/20/2001 - 02:08


Ha Noi, August 19 (VNA)-- More than 20,000 businesses have been set up across the country since the Enterprise Law came into effect on Jan.1, 2000.

The new businesses' registered capital totals more than VND 24,000 billion (roughly USD 1,655 million). In addition, thousands of pre-Enterprise Law entities have received permits for additional industries or services.

Vietnam to exploit 30 million tones of oil & gas per year 2010

Mon, 08/20/2001 - 02:07


Ha Noi, Aug. 18 (VNA) -- With a new oil discovery at the Su Tu Den (Black Lion) oil and gas field on the southeastern continental shelf, Viet Nam expects to exploit 28-30 million tonnes of oil and gas per year by 2010.

According to initial estimate by the Viet Nam Oil and Gas Corporation (PetroVietnam) and its partners, the reserve of the new oil field at lot 15-1, belonging to Cuu Long sedimentary area offshore Ba Ria-Vung Tau province, is about 420 million barrels.

Seminar on CEPT/AFTA for businesses

Fri, 08/10/2001 - 11:47

Ha Noi, Aug. 10 (VNA) -- Representatives from 120 local and foreign businesses, joint ventures, and export-processing zones attended a seminar on the Common Effect Preferential Tariff, CEPT, scheme for ASEAN Free Trade Area, AFTA, in Ha Noi on Aug. 10.

Three more U.S Airlines to conduct flights to Vietnam


Three more U.S airlines, Delta, Northwest and United Airlines, will take part in code- sharing ventures with other airlines to conduct flights to Viet Nam. The airline Delta will sign a code-sharing contract with Air France and Northwest Airlines will sign a code-sharing contract with Malaysia Airlines and KLM of the Netherlands to conduct flights to Ha Noi and Ho Chi Minh City. The third code-sharing contract will be signed between United Airlines, Thai Airways, and Germany's Lufthansa for flights to Ho Chi Minh City.(VNA)

Vietnam Ministry approves brand names for US fish exports


HANOI, Aug 8 Asia Pulse - The Ministry of Fisheries has approved brand names for the fish exported to the US.
The ministry also proclaimed that all tra and basa fish processors and exporters must compulsorily put these trade names on the packaging cartons,paper boxes and PE bags when exporting them to the US.

While the tra will be named basa catfish, Mekong catfish or Pangas catfish, the basa will have one of the following names: Basa, Bocourti and basa bocourti.

Code sharing between Vietnam Airlines and American Airlines


To cater for increasing demands of air travels, on 3 March 2000, in Hanoi, two governments concluded the Memorandum of Discussion (MOD) on Code-share flights cooperation between On the basis of this MOD Vietnam and the U.S. Vietnam Airlines and American Airlines conducted discussions and successfully concluded Codeshare Agreement on passenger services between Viet Nam and the U.S on July 19,2001.

Garments and textiles search for export outlets

Wed, 08/08/2001 - 11:39


Ha Noi, Aug. 7 (VNA) -- Measures to expand markets and increase exports in the context of global competition were discussed recently by 50 leading garment and textile enterprises with the Trade, Planning Investment, and Finance Ministries.

At a workshop held in Ho Chi Minh City on Aug. 6, the participants stressed the importance of the Government's support for their efforts in rationalising production and increasing productivity.

Seminar on textiles and garment exports to the US

Ha Noi, August 7 (VNA) -- Viet Nam's entrepreneurs were provided with information on the U.S. demand for imported textiles and garment at an seminar themed "Viet Nam's successful export of textiles and garment to the U.S.", held in Ho Chi Minh City on Aug. 7.

Deputy FM on new policy for Vietnamese overseas

Wed, 08/08/2001 - 10:44


Ha Noi, Aug. 8 (VNA) -- Deputy Foreign Minister Nguyen Dinh Bin has spoken with a correspondent from the Viet Nam News Agency about new changes to Government policies applicable to overseas Vietnamese.

Gov't to open wide legal corridor for stock market activities


Ha Noi, August 6 (VNA)-- The Finance Ministry is authorised by the Government to adjust the legal mechanism on the issuance of Government bonds to encourage more investment through Viet Nam's stock market.

Under the revised document, which is expected to come out soon, the right to issue bonds to raise funds for investment through the stock market will also be given to development funds as well as project executives and owners.

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