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News Online

Main news database of Vietnam Panorama, updated continually

Vietnam Vinashin Expects to Hand over 35 Ships This Year

Vietnam Shipbuilding Industry Corp (Vinashin), which is verging on bankruptcy with accumulated debts of VND86 trillion ($4.41 billion) at end-June, expects to deliver 35 ships to its partners at end of 2010.

Vietnam Unlikely to Attract $22B-$25B FDI This Year

Vietnam is unlikely to fulfill its target to attract between $22 billion and $25 billion in foreign direct investment (FDI) this year, given a 41.9% drop in ten-month FDI attraction at nearly $12.8 billion.

Foreign Investors Disburse $9B in Vietnam in Jan-Oct

Foreign investors are estimated to have disbursed $9 billion in Vietnam in the first ten months of this year, including $950 million in Oct and rising 7.1% from a year earlier, the Ministry of Planning and Investment (MPI) said.

Vietnam Firms Invest over $8B Abroad So Far: Ministry

Vietnamese companies invested over $8 billion in 500 projects in 52 countries and territories so far, the Foreign Investment Agency (FIA) under the Ministry of Planning and Investment said.

Vietnam Expects More Japanese ODA: PM Dung

Vietnam expects to receive more Japanese official development assistance (ODA) for its infrastructure projects, Prime Minister Nguyen Tan Dung said at a recent reception to former Prime Minister Yukio Hatoyama in Hanoi.

Vietnam Firms to Survey Taiwan Market

A delegation of Vietnamese firms will make a trip to Taiwan from November 29 to December 4 to survey the Eastern Asian market and seek their partners, the Dien dan Doanh nghiep newspaper reported Wednesday.

FDI Inflow to HCM City Doubles to $1.6B in Jan-Oct

Ho Chi Minh City licensed 294 foreign direct investment (FDI) projects totaling $1.6 billion in the first ten months of this year, doubling the value of the last year’s same period.

Vietnam to Advance VND6.46T for Urgent Development Projects

Vietnamese Prime Minister Nguyen Tan Dung has issued a decision, allowing the Ministry of Planning and Investment to advance VND6.46 trillion ($331.28 million) worth of g-bonds for a number of projects which are slated for completion this year.

Vietnam Adds Manganese Ore Areas to Exploration Planning till 2015

Vietnamese Deputy Prime Minister Hoang Trung Hai has agreed to add a manganese ore mine in the northern province of Ha Giang to the national exploration, processing and use planning during the 2006-2015 period.

22 Contracts Signed at Vietnam High-quality Goods Fair

Twenty-two contracts and 19 memoranda of understandings (MoU) were signed at Vietnam high-quality goods fair held in the southern city of Can Tho from Oct 19-24.

Vietnam Likely to Spend $10.8B on Machinery, Equipment Imports in Jan-Oct

Vietnam is estimated to have imported $10.802 billion worth of machinery, equipment and spare parts in the first ten months of this year, rising 9.2% from a year earlier.

Vietnam Estimated to Import 7.12M Tons of Steel, Iron in Jan-Oct: GSO

Vietnam is likely to spend $4.905 billion on importing 7.121 million tons of steel and iron in the first ten months of this year, the General Statistics Office said.

Vietnam Plastic Imports +35.1% in Jan-Oct: GSO

Vietnam is estimated to have spent $3.066 billion on plastic imports in the first ten months of this year, up 35.1% from a year earlier.

Vietnam Chemical Imports Likely to Soar 25.3% in Jan-Oct

Vietnam is estimated to have spent $1.668 billion on importing chemicals in the first ten months of this year, soaring 25.3% from a year earlier.

U.S Remains Vietnam Top Importer of Steel Products in Jan-Aug

The U.S. remained Vietnam’s biggest buyer of steel products with import values of $75.24 million in the first eight months of this year, soaring 23.06% from a year earlier.

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