Archive for May, 2005

Taya share auction sees no losers

31-May-2005 Intellasia | 30/May/2005 Saigon Times Daily page 2 | 2:38 PM

All bidders for Taya Vietnam shares at the initial public offering on Friday won the right to buy into the firm, which was rarely seen at any IPOs before. The Taiwanese-owned [...]
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Seminar to discuss foreign equity stakes in local banks

31-May-2005 Intellasia | 30/May/2005 Thoi Bao Kinh Te Vietnam page 3 | 2:36 PM

The first seminar on promoting foreign investment in joint stock banks will be held in Hanoi on June 9. The seminar will be co-organised by Vietnam Association for Financial [...]
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Hanoi draws top rank in FDI

31-May-2005 Intellasia | 30/May/2005 Kinh Te & Do Thi page 1 | 2:35 PM

Hanoi has taken the lead this year in attracting foreign investment with over US$1.041 billion of FDI approvals or about 42% of total FDI nationwide. Twenty-seven new FDI [...]
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Companies reliant on banks for working capital

31-May-2005 Intellasia | 30/May/2005 Thoi Bao Kinh Te Vietnam page 3 | 2:34 PM

Almost all businesses rely on bank loans for working capital to expand production a survey of small and medium enterprises, being former state owned enterprises has found. Of [...]
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Rain reprieve for Hoa Binh dam

31-May-2005 Intellasia | 29/May/2005 Sai Gon Giai Phong | 2:30 PM

Heavy showers over much of the northern regions since May 28 has brought water flows into the drought affected Hoa Binh dam, which is country’s biggest hydro electricity [...]
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Education bond issues exceeds target

31-May-2005 Intellasia | 30/May/2005 Thi Truong page 2 | 2:28 PM

By May 27 the State Treasury had collected over 2.269 trillion dong from the sale of education bonds surpassing the target by 50%, according to the State Treasury. Financial [...]
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Comparative survey of business environment

31-May-2005 Intellasia | 26/May/2005 Thoi Bao Kinh Te Saigon page 18 | 2:27 PM

David Ray, an economist and deputy director of the Vietnam Competitiveness Initiative project or VNCI in the following interview talks about the results of a survey assessing [...]
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Governance transparency key to private sector development

31-May-2005 Intellasia | 26/May/2005 Thoi Bao Kinh Te Saigon page 14 | 2:25 PM

Through international cooperation, a group of international and national experts for the first time studied and announced provincial competition capacity (PCI) which is to [...]
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Second phase of banking modernisation programme starts

31-May-2005 Intellasia | 30/May/2005 Dau Tu page 8 | 2:24 PM

About US$112 million will be injected by commercial banks into the World Bank initiated bank modernisation and payment system project for the second phase in the near future, [...]
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Eximbank clears dud loan overhang

31-May-2005 Intellasia | 30/May/2005 Dau Tu Chung Khoan page 13 | 2:22 PM

The Vietnam Export-Import Commercial Joint Stock Bank, or Eximbank is scheduled to hold its annual general shareholders’ meeting in June. According to general director of [...]
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Criticism over lengthy tax refund delays

31-May-2005 Intellasia | 28/May/2005 Thanh Nien | 2:21 PM

Tax authorities in HCM City are being heavily criticised delays in tax refunds after repeated payout delays, according to the local business community. Delays in tax refund [...]
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Hunt for low lending rates

31-May-2005 Intellasia | 28/May/2005 Tuoi Tre page 11 | 2:20 PM

Bank lending interest rates are slowly inching up forcing borrowers in HCM City to shop around to find the cheapest borrowing rates. An operator of a commercial joint stock [...]
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Economic growth targets

31-May-2005 Intellasia | 29/May/2005 Saigon Giai Phong page 2 | 2:19 PM

On the sideline of the seventh National Assembly session, vice chair of the NA Committee for Economic and Budgetary Affairs (Ceba) Dang Van Thanh talked about Vietnam’s [...]
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Rain reprieve at Hoa Binh dam

31-May-2005 Intellasia | 29/May/2005 Sai Gon Giai Phong | 2:11 PM

Heavy showers over much of the northern regions since May 28 has brought water flows into the drought affected Hoa Binh dam, which is country’s biggest hydro electricity [...]
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Foreign firms pay 60% of income tax payments

31-May-2005 Intellasia | 30/May/2005 Vietnam Investment Review page 9 | 2:10 PM

Personal income tax (PIT) from employees of foreign invested enterprises is starting to play a more important role in contributing to the state budget and Vietnam?s economy. [...]
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