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Vietnam Business Finance (Free subscription) | 07/21/2008
Viet Nam will provide financial support to the builders and subcontractors of the Dung Quat project, the country's first oil refinery, as costs increase. Prime Minister Nguyen Tan Dung told the Viet Nam Oil & Gas Group, known as PetroVietnam, the project must be completed on time and be operational from February, according to a statement posted on the government's Web site today. Viet Nam
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Vietnam Business Finance (Free subscription) | 07/01/2008
Prime Minister Nguyen Tan Dung received Asian Development Bank (ADB) President Haruhiko Kuroda, former Mexican President Vocente Fox and former Bolivian President Carlos Mesa in Hanoi on July 1. The three guests have been in Hanoi to attend the Global Meeting of the Emerging Markets Forum, which was opened in Hanoi on June 29. ADB President Kuroda expressed great impression upon the eight-point
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Chao-Vietnam (Free subscription) | 06/23/2008
At a press conference in Hanoi on June 19, US Ambassador to Vietnam Michael Michalak said PM Nguyen Tan Dung’s upcoming visit to the US will bring the bilateral relations to a new height. Michalak said President George W. Bush is eagerly awaiting the official visit by PM Nguyen Tan Dung. During this visit, the two sides will discuss important issues in the bilateral relations which are developing very...
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Chao-Vietnam (Free subscription) | 06/25/2008
PM Nguyen Tan Dung witnessed US group Gannon receiving investment licence to build a beer factory in the southern province of Long An, Vietnam Prime Minister Nguyen Tan Dung met with a delegation from the American Society of Employers in Washington D.C. on the morning of June 24 (local time) during his official visit to the US. Meeting with the society’s President, CEOs and members, PM Dung affirmed...
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Chao-Vietnam (Free subscription) | 06/23/2008
Jesus Aise Sotolongo Vietnam's Prime Minister Nguyen Tan Dung described bilateral relations with Cuba as excellent and he called for increasing investment and economic cooperation between both countries. During a farewell meeting in Hanoi for Cuban ambassador Jesus Aise Sotolongo, who concluded his diplomatic mission in Vietnam, Tan Dung favored the promotion of comprehensive cooperation, the implementation...
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The Two Malcontents (Free subscription) | 06/25/2008
Truong Nhu Phung, left, and Sanh Van Le — two war veterans who now call Houston home — chose the city’s Vietnam-American Memorial to show their opposition to Prime Minister Nguyen Tan Dung’s visit Via Houston Chronicle: Decades after a war raged in the jungles and villages of Vietnam, another battle is brewing, but here on the [...]
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Vietnam Business Finance (Free subscription) | 07/21/2008
The province of Binh Dinh must step up its efforts related to agriculture, industry, aquaculture and especially sea ports to become a gateway for Tay Nguyen (Central Highlands) provinces, said Prime Minister Nguyen Tan Dung yesterday. On his tour to review the south central province’s socioeconomic development, the Prime Minister applauded the 10.8 per cent GDP growth in the first six months of
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Vietnam Business Finance (Free subscription) | 07/18/2008
Prime Minister Nguyen Tan Dung has called for stronger Vietnam-Japan cooperation in an effort to speed up the tempo of the three major projects, namely Hoa Lac Hi-tech zone, and North-South express railway and highway. The government leader was receiving a delegation from the Japanese House of Representatives headed by Kazuo Aichi, President of the Japan Parliamentary Friendship League, in
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Vietnam Business Finance (Free subscription) | 07/17/2008
Prime Minister Nguyen Tan Dung has instructed the Finance Ministry to establish a Central Steering Committee for the implementation of the Personal Income Tax Law within this month. The instruction dated July 15 stipulated that the committee will be headed by a Deputy Prime Minister and its members will be leaders of a number of ministries and relevant agencies. The instruction defines the
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Vietnam Business Finance (Free subscription) | 07/18/2008
Viet Nam will probably raise the limit on credit growth to 40% from 30% to meet cash demand for production and exports, said Cat Quang Duong, deputy director of the central bank's credit department. ``It would make sense to raise the cap, since credit growth was already 20% in the first half,'' Duong told representatives from government agencies and businesses at a meeting in Ho Chi Minh City
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Vietnam Business Finance (Free subscription) | 07/17/2008
To continue to effectively implement the Government’s Plan to simplify administrative procedures for 2007-10, the Consultative Council for Administrative Procedure Reform and a working group were officially inaugurated yesterday. At the ceremony, Deputy Prime Minister Nguyen Sinh Hung said such reform was a breakthrough in the country’s international economic integration. Hung said he believed
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Vietnam Business Finance (Free subscription) | 07/17/2008
Viet Nam plans to boost transport and trade links with neighbouring China by upgrading a major northern highway and sea port by 2020 under a multi-billion-dollar proposal announced on Thursday. The new "economic corridor" is part of an emerging web of road links, many part-funded by the Asian Development Bank (ADB), connecting China and regional countries that also include Myanmar, Thailand,
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Vietnam Business Finance (Free subscription) | 07/15/2008
The Vietnamese government has agreed in principle with the invitation of prestigious foreign experts to exchange experiences and offer policy consultancy to government agencies and enterprises for Vietnam's stronger economic development. Vietnamese Prime Minister Nguyen Tan Dung has assigned the Ministry of Foreign Affairs to coordinate with relevant agencies on selecting and inviting the
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Vietnam Business Finance (Free subscription) | 07/15/2008
Prime Minister Nguyen Tan Dung has pledged to create favourable conditions for Israeli businesses to invest in Viet Nam. The PM made the statement while receiving Israeli Ambassador to Viet Nam Ephraim Ben Matityau and an Israeli business delegation in Hanoi on July 14. The PM said he was pleased with the fine development of the two countries’ cooperative relations in many sectors, including
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Vietnam Business Finance (Free subscription) | 07/16/2008
Viet Nam may increase fuel prices to cope with crude oil costs that rose to a record this month after a deadline on capping prices ended. ``The government cannot keep covering losses for fuel companies,'' Bui Xuan Khu, deputy minister of industry and trade, said at a meeting in Ho Chi Minh City today. Vietnamese Prime Minister Nguyen Tan Dung in April asked companies not to increase prices of