On Jun 25th, 2014, Mr. Ganesh Moorthy, Executive Director of Microchip Technology Inc met up with leading Vietnam Government offer of Ho Chi Minh City and annouce a plan to set up a factory in Vietnam. Microchip Tecnology has 2 factories for packing and inspecting semiconductor products in Thailand, with more than 4000 labors. Vietnam is … Read more
The relocation of the Saigon Port out of urban area shall be completed in the 1st quarter of 2016. In relation to the work progress report of Saigon Port Company to the Ministry of Transportation of Vietnam on the progress of the relocation, from January 2014, the port has established a legal entity to carry … Read more
By NGUYEN PHAM MUOI Mar 11, 2011. From The Wall Street Journal. HANOI—Vietnam is cracking down on unauthorized trading in U.S. dollars in an effort to bolster the country’s dwindling foreign reserves and restore confidence in the local currency, the latest attempt to bring some stability to the Southeast Asian economy. Authorities in Hanoi said … Read more
The restructuring of the Vietnam economy in the period from 2011 to 2015 and orienting toward 2020 is focusing on three main issues: restructuring the system of credit institutions, state-owned company and public investment. Credit institutions: The focus task of restructuring the system of credit institutions is to strengthen the liquidity, fix bad debts and gradually … Read more
On May 30th 2014, Prime Minister Nguyen Tan Dzung had an interview with Bloomberg News (USA) on Vietnam social and economy in the first 05 months of 2014. According to him, Vietnam economy in 2013 grew by more than 5.4%. The situation of first 05 months in 2014 has been developing positively in accordance with … Read more