Vietnam’s China mining plans spark rare criticism

HANOI, April 19, 2009 (AFP) – A plan to let a Chinese company build a bauxite mine in Vietnam has triggered rare public outcry from critics who say the environmental and social damage will far outweigh any economic benefit.
Some even fear the plan, agreed to by leaders of the two communist countries without broader dialogue, [...]

Vietnam announces stimulus plan to help farmers

HANOI, Vietnam (AP): Vietnam has announced an economic stimulus plan to help farmers who are among those worst affected by the global recession, the government said Saturday.
Under the plan, farmers will have access to interest-free bank loans to buy farming tools and processing equipment, the government said on its Web site.
The government will also subsidize [...]

Vietnam top official on Japan visit

HANOI (AFP) — Vietnam’s most powerful official, Communist Party General Secretary Nong Duc Manh, was to arrive Sunday for an official visit to Japan, the country’s largest bilateral aid donor, the government said.
It is the second visit to Japan by Manh, whose last mission there was in 2002, the government said.
Manh was to stay until [...]

Vietnam reduces taxes to push up demand: govt

HANOI (AFP) — Vietnam will reduce some tariffs on goods and services to push up demand in the face of an economic slowdown, according to a decision signed by the prime minister.
Value-added tax (VAT) on garment and textile products, cement, and motorbikes will be reduced by 50 percent between May 1 and December 31, said [...]

New rules, market for Vietnam unlisted firms: officials

HANOI (AFP) — Vietnam will allow foreign investors to increase their stakes in non-listed companies and plans to set up a new trading floor for unlisted shareholding firms, officials said Friday.
The new ruling allows foreign firms to hold up to 49 percent of non-listed shareholding firms, up from 30 percent, said Vo Van Quang, office [...]

Vietnam announces stimulus plan to help farmers

HANOI, Vietnam (AP) – Vietnam has announced an economic stimulus plan to help farmers who are among those worst affected by the global recession, the government said Saturday.
Under the plan, farmers will have access to interest-free bank loans to buy farming tools and processing equipment, the government said on its Web site.
The government will also [...]

Vietnam requires children to wear helmets

AP – Saturday, April 18
HANOI, Vietnam – Vietnam has closed a legal loophole that exempts children from wearing motorcycle helmets when they ride with their parents, state media reported Saturday.
Under a revised Transport Law that will take effect July 1, adults transporting children under age of 16 without a helmet will be fined up to [...]

Vietnam lures foreign job seekers

Vietnam lures foreign job seekers

13:17′ 18/04/2009 (GMT+7)

VietNamNet Bridge – More and more foreign experts have selected Vietnam as a “red address” for their employment during the course of the global economic crisis, according to Navigos Group, a leading provider of recruitment and integrated human resource solutions in Vietnam.

Ministry moves to tighten foreign workers management

In [...]

ADB To Lend Vietnam $72 Million Loan For Infrastructure Development

HANOI -(Dow Jones)- The Asian Development Bank said Friday it has signed an agreement with the government of Vietnam for a $72 million loan to develop infrastructure in the country’s northern province of Thanh Hoa.
The loan will be used to fund a $118-million project to develop and upgrade urban infrastructure and services in the province, [...]

Vietnam govt bond sales fail due to high yield bids

HANOI, April 17 (Reuters) – Vietnam’s State Treasury failed to sell any government bonds this week because bidders sought higher yields than the Treasury was prepared to accept, the Hanoi stock market said.
Five bidders at the auction on Thursday sought to buy 600 billion dong ($34 million) worth of two-year bonds at yields of [...]