Archive for October, 2004

Former deputy minister jailed for child rape

30-Oct-2004 Intellasia | 29/Oct/2004 Chanell News Asia | AFP | 3:07 PM

Former deputy sports minister Luong Quoc Dung was sentenced to eight years in jail on Friday for raping a 13-year-old girl in an attempt to rid himself of bad luck. The Hanoi [...]
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Banks want customers to use cards rather than cash

30-Oct-2004 Intellasia | 28/Oct/2004 The Saigon times daily Pages 3 | 2:39 PM

For Vietnamese consumers it is certainly hard to abandon their habit of paying for everything in cash and use credit and automated teller machine cards instead. But even [...]
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EAB opens Saigon South branch

30-Oct-2004 Intellasia | 28/Oct/2004 Thoi Bao Kinh Te Vietnam | 2:38 PM

Eastern Asia Bank on October 29 will officially inaugurate Phu My Hung branch. This is the 14th branch of EAB in HCM City, and the 41th nationwide. Phu My Hung branch is [...]
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SBV interbank rate for October 29

30-Oct-2004 Intellasia | 29/Oct/2004 The State Bank of Vietnam | 2:38 PM

The State Bank of Vietnam announced the average forex rate between US dollar and dong in the interbank market for October 29. One US dollar is [...]
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Seventeen exporters earn US$100m

30-Oct-2004 Intellasia | 29/Oct/2004 Dau Tu page 3 | 2:37 PM

According to the Ministry of Planning and Investment, in January-October period there were 17 export earners reaching a revenue of US$100 million or more. Total export [...]
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STC Trading band widened

30-Oct-2004 Intellasia | 29/Oct/2004 Tuoi Tre page 11 | 2:36 PM

The State Securities Committee has recently issued a regulation defining methods of trading investment fund certificates listed in the Securities Trading Centre. [...]
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Crude oil exports earn US$4.66b

30-Oct-2004 Intellasia | 29/Oct/2004 Dau Tu page 3 | 2:36 PM

Crude oil production in October is estimated at 1.585 million tonnes, down by 1.4% against last month, but up by 8.6% against the year-earlier period according to a source [...]
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Seafood exports to reach US$2b

30-Oct-2004 Intellasia | 29/Oct/2004 Thoi Bao Kinh Te Vietnam page 3 | 2:35 PM

As reported by the fisheries ministry, seafood export since the beginning of this year is estimated at some US$1.895 billion, or 72.9% of the entire year target, up by 1.3% [...]
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VEIL acquires stake in minerals firm

30-Oct-2004 Intellasia | 27/Oct/2004 CNW | 2:34 PM

Vietnam Enterprise Investments Limited (VEIL) on October 2 acquired 750,000 common shares of Olympus Pacific Minerals Inc pursuant to its exercise of previously issued common [...]
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Third safe food and farm produce fair to open

30-Oct-2004 Intellasia | 28/Oct/2004 Hanoi Moi page 1 | 2:19 PM

Hanoi Department of Agriculture and Rural Development will join with the Municipal Department of Trade to organise the third fair of safe vegetable, fruit and farm produce [...]
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Pleiku remains hotbed for smuggled cigarettes

30-Oct-2004 Intellasia | 28/Oct/2004 Vietnam News Pages 2 | 2:12 PM

Cigarettes smuggled from Laos and Cambodia continues to flood the Tay Nguyen (Central Highlands) city of Pleiku in Gia Lai Province. Ha Thai Long, deputy chief of the Gia [...]
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Board tightens garment quota allocations

30-Oct-2004 Intellasia | 29/Oct/2004 Vietnam News Pages 16 | 2:05 PM

Minister of Trade Truong Dinh Tuyen issued a decision detailing the tasks of a supervision board on garment quota allocation. The supervision board was set up late last month [...]
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Prosecutors ask 10yr sentence for minister on rape charge

30-Oct-2004 Intellasia | 29/Oct/2004 Thanh Nien | 2:01 PM

The Hanoi People’s Procuracy demanded a nine to ten-year jail term for a former deputy Sports minister accused of raping a 13-year-old girl during a closed trial October [...]
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10-years jail for garment quota fraud

30-Oct-2004 Intellasia | 28/Oct/2004 Thanh Nien page 1 | 1:59 PM

The HCM City People’s Supreme Court of Appeals on October 27 sentenced a man to ten years in prison for forging trade ministry seals to make bogus quota documents to [...]
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Police probe ‘Carlyle Group’ education scam

30-Oct-2004 Intellasia | 28/Oct/2004 Tuoi tre | 1:59 PM

Police are investigating a consulting group that called themselves Carlyle Group from the US who are thought to have posed as high-ranking officials from the US [...]
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