Archive for March 4th, 2005

Great Eastern sets up in Hanoi

04-Mar-2005 Intellasia | 03/Mar/2005 Kinh Te Vietnam & The Gioi page 7 | 2:02 PM

Great Eastern, the biggest life insurance corporation of Singapore and Malaysia, on March 2 officially opened a representative office in Hanoi following reception of license [...]
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HSBC opens Hanoi branch

04-Mar-2005 Intellasia | 02/Mar/2005 Hanoi Moi | 2:01 PM

Hong Kong Shanghai Banking Corp (HSBC) on March 2 officially inaugurated Hanoi branch located at 23, Phan Chu Trinh street, Hoan Kiem district. Reportedly, the first branch [...]
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EAB announces targets

04-Mar-2005 Intellasia | 02/Mar/2005 Hanoi Moi | 2:01 PM

Eastern Asian Bank (EAB) has organised the 14th shareholder meeting in HCM City in which it announced its performance targets for this year. EAB targets deposits of 6.5 [...]
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Hanoi customs receipts reach 565.2b dong

04-Mar-2005 Intellasia | 03/Mar/2005 Kinh Te Vietnam & The Gioi page 5 | 2:00 PM

Hanoi Customs Department said that total revenue from import-export duties in the first two-months in Hanoi reach 565.2 billion dong, a rise of 19% year-on-year of which [...]
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Banks post high chartered capital increase yoy

04-Mar-2005 Intellasia | 3/Feb/2005 Thi Truong page 2 | 2:00 PM

Up to the present, total chartered capital of the state-owned banks has reached 16.96 trillion dong, showing a year-on-year rise of 5%, reports by the Vietnam Banking [...]
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FIE exports rise 27.33%

04-Mar-2005 Intellasia | 03/Mar/2005 Thoi Bao Kinh Te Vietnam page 4 | 1:59 PM

According to the Ministry of Planning and Investment, exports of foreign invested enterprises in the first two-months was estimated at US$2.401 billion (crude oil inclusive), [...]
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Steel corporation to equitise 5 subsidiaries

04-Mar-2005 Intellasia | 03/Mar/2005 Kinh Te Vietnam & The Gioi page 8 | 1:59 PM

Following the scheme on rearrangement of state owned enterprises in 2005-2006 approved by the prime minister, Vietnam Steel Corp (VSC) this year is scheduled to equitise five [...]
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EC funds US$3.46m for scientific projects

04-Mar-2005 Intellasia | 03/Mar/2005 Nong Thon Ngay Nay page 2 | 1:58 PM

The European Commission (EC) will fund 4.5 million euro (US$5.9 million) for 15 science research projects. Beneficiary projects of Vietnam are bio-technology, info-tech, [...]
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Brewers face up to win market share

04-Mar-2005 Intellasia | 02/Mar/2005 Sai Gon Giai Phong | 1:57 PM

Many breweries in the country have announced substantial investment plans to ramp up production which would see total beer output nationwide to 2.5 billion litres by 2010. [...]
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Vietnam Airlines to provide onboard telecom services

04-Mar-2005 Intellasia | 02/Mar/2005 Tuoi Tre page 2 | 1:57 PM

Deputy minister of post and telecommunication Le Nam Thang said on March 1 that the Ministry of Post and Telecommunication has approved a plan of providing telecommunication [...]
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Footwear export revenue estimated at US$3.5b in 2005

04-Mar-2005 Intellasia | 02/Mar/2005 Hanoi Moi page 3 | 1:56 PM

The Ministry of Trade estimates that footwear export revenue will reach US$3.5 billion in 2005, an increase of some 30% year-on-year. Of the amount, income of footwear export [...]
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US$30m spent on upgrading S-Fone network

04-Mar-2005 Intellasia | 02/Mar/2005 Sai Gon Giai Phong page 2 | 1:56 PM

Saigon Post and Telecommunications Joint stock Corp (Saigon Postel) will invest US$30 million for upgrading and expansion of S-Fone mobile phone network in 2005, said Truong [...]
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La Perla plans luxury villas

04-Mar-2005 Intellasia | 02/Mar/2005 Dau Tu page 1 | 1:55 PM

Holland La Perla Living Group plans to develop luxurious villas at coastal areas of Vietnam. The group has developed many projects of luxurious villas at coastal, mountainous [...]
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Packaged deals for offices

04-Mar-2005 Intellasia | 03/Mar/2005 Thanh Nien | 1:55 PM

Property companies in Hanoi have focused on developing package deals to rent out office space for the increasing demand on consultancy, law and trade representative offices. [...]
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Cisco to inaugurate 14th network institute in Vietnam

04-Mar-2005 Intellasia | 02/Mar/2005 Vietnamnet | 1:54 PM

Cisco systems will open its 14th networking institute in Vietnam at the Hanoi University of Technology. Like other Cisco-recognised networking institutes, the new Cisco Bach [...]
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