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[2011-06-06] Cable providers fight for market share in Vietnam

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[2011-06-06] Cable providers fight for market share in Vietnam

Cable providers fight for market share in Vietnam June, 06 2011 With only 2.5 million pay TV subscribers out of 86 million people, Vietnam is a fledging market for the service, experts said Manuel Rougeron, Managing Director of VSTV (K+), said, “The Vietnamese market has a much lower proportion of people paying for cable television than other countries markets around the world. This leaves a lot of room for growth.” Among 50 cable providers in Vietnam, Canal+ has been the fi...
[2011-06-06] Vietnamese retailing industry needs “big guys”

Vietnamese retailing industry needs “big guys” June, 06 2011 VietNamNet Bridge – Building up a retail network which can bring facilities to consumers and developing the retail companies powerful enough to lead the market, are the two issues being discussed thoroughly when compiling a strategy to develop retail trade services in Vietnam.   The “tomato flow”  A survey conducted by Cadilhon, a market survey firm, on the flow of tomatoes after harve...
[2011-06-04] Gov’t continues to prioritise inflation fight

Gov’t continues to prioritise inflation fight June, 04 2011 Prime Minister Nguyen Tan Dung has asked the Cabinet to pursue priorities in curbing inflation and stabilising the macro-economy. During the Government’s regular May meeting, the PM urged ministries, departments and localities to maintain inflation control measures, with a focus on reducing the trade deficit to below 16 percent, and ensuring an appropriate growth rate. Measures in Government Resolution 11 sh...
[2011-06-03] Vietnam could lodge appeal against China

Vietnam could lodge appeal against China June, 03 2011 Following in the wake of the recent incident on May 26 when three Chinese vessels entered deep into Vietnamese territorial waters and cut the cables of a Vietnamese seismic study ship, Lao Dong newspaper interviewed Nguyen Ba Dien, Director of the Centre for Maritime Law and the Law of the Sea. Vietnamese ships opearting in Vietnamese territorial waters. Vietnam could lodge appeal against Chinese infringement of territor...
[2011-06-03] State firms told to sell dollars

State firms told to sell dollars June, 03 2011 HA NOI — State-owned groups, corporations and enterprises that are over 50 per cent State-owned will have to sell foreign reserves (US dollar) to commercial banks from next month, pursuant to a circular released yesterday by the State Bank of Viet Nam, in a move seen by many as controversial. The circular regulates that eligible enterprises should sell their dollars from fixed-term and non-term deposit accounts, and other sources of...
[2011-06-02] Breakfast @ Tuoitrenews – June 2

Breakfast @ Tuoitrenews – June 2 June, 02 2011 Tuoitrenews briefs some of the leading stories published today on Vietnamese media: Politics: -- Vietnam is ready to participate in Japan’s reconstruction after natural disasters by providing human resources, construction materials and necessary goods for the country, said Truong Tan Sang, Politburo member and permanent member of the Secretariat of the Communist Party of Vietnam Central Committee, in a recent meeting with Japan...
[2011-06-02] Concern over ‘cigarette’ sweets

Concern over ‘cigarette’ sweets June, 02 2011 Unidentified cigarette-shaped sweets and violent toys are being sold in front of many schools in Hanoi, threatening the health of pupils. Cigarette-shaped sweets Standing at the gate of Khuong Thuong Secondary School at the end of the academic day, Dan Tri reporters saw dozens of students buying the cigarette-shaped confectionary. The sweet packs deliberately mimic the style of 555 cigarettes and carry the Chinese Kanghui brand...
[2011-06-02] Ignoring advices, State Bank not intend to loosen monetary policies

Ignoring advices, State Bank not intend to loosen monetary policies June, 02 2011 VietNamNet Bridge – There has been no sign of showing that the State Bank is considering loosening the monetary policies now, five months after applying the tightened monetary policies. The State Bank's head office The State Bank has sent a message to the public that it will not raise the required compulsory reserves ratio, not issue bonds, continue to tighten the credit growth, keep the deposit ceili...
[2011-06-02] Japanese firms eye Vietnamese shares

Japanese firms eye Vietnamese shares June, 02 2011 HA NOI — A number of Japanese firms bought up shares in Vietnamese companies during the first few months of 2011, recent purchases mainly taking place in the consumer goods and financial sectors. The DI Asian Industrial Fund (DIAIF) recently bought a 25 per cent stake in dairy manufacturer Nutifood, becoming part of its Management Board. Last month Saigon Paper published private offers of 38 per cent charter capital to two Japane...
[2011-05-31] Philippines arrests 122 Vietnamese fishermen

Philippines arrests 122 Vietnamese fishermen May, 31 2011 Philippine police and military arrested 122 Vietnamese for illegal fishing on Monday in the biggest haul of foreign fishermen in recent memory, a police commander said. The Vietnamese were arrested aboard seven fishing boats off the western Philippine island of Palawan, where many foreigners have been apprehended for illegal fishing over the years, said Chief Superintendent Artemio Hicban. "This is the largest number of Vie...
[2011-05-31] Government to embrace new poverty reduction strategy

Government to embrace new poverty reduction strategy May, 31 2011 The Vietnamese Government has mapped out a new poverty reduction plan, which will no longer focus on just providing the poor with money. The Government, in the newly issued Decision No. 80/NQ- CP on poverty reduction for the period of 2011-2020, will pay more attention to multi-dimensional poverty reduction based on practical and sustainable support policies. “Previously, poverty was purely judged based on income, fr...
[2011-05-31] VN targets 2% poverty reduction rate of two per cent

VN targets 2% poverty reduction rate of two per cent May, 31 2011 HA NOI — Viet Nam plans to annually reduce the national poverty rate by 2 per cent whilst raising income per capita 3.5 times during 2011-20. The targets form part of a Government Resolution based on Sustainable Poverty Reduction launched in Ha Noi yesterday. The resolution aims at significantly improving the living conditions of poor people, especially in terms of health care, education, culture, clean water, ho...
[2011-05-28] UNESCO recognises stone stelae

UNESCO recognises stone stelae May, 28 2011 HA NOI — UNESCO has recognised 82 stelae commemorating the graduation of royal mandarins from the 15th to 18th centuries at Ha Noi's Temple of Literature as a Memory of the World. The stone stele records of royal examinations of the Le and Mac dynasties (1442-1779) were among 45 new documents and documentary collections from all over the world on the Memory of the World Register that were recommended by the international advisory comm...
[2011-05-28] Chinese marine surveillance ships violate VN’s sovereignty

Chinese marine surveillance ships violate VN’s sovereignty May, 28 2011 Chinese marine surveillance vessels on May 26 violated the sovereignty of Vietnam's territorial waters, causing economic damage and hindering the operations of the Vietnam National Oil and Gas Group (PetroVietnam). This information was given by PetroVietnam Deputy General Director Do Van Hau while granting an interview to the press in Hanoi on May 27. According to Hau, in implementing the group’s o...
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