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Investment capital from budget in January declines 1.7pct y/y General Statistical Office (GSO) has lately reported that the actualised investment capital from the state budget in January 2012 is estimated at 11.245 trillion dong, or 6.6 percent of the year's plan and down 1.7 percent from the same period of 2011. 2012-02-04 - 7:00:00 AM GE plans expansion of plants for wind power production in Vietnam General Electric (GE) Group is planning to expand the wind power production plant in Hai Phong City because of increasing demand, Stuart Dean, Managing director of GE in Asean told Vietnam Investment Review. 2012-02-04 - 7:00:00 AM Business confidence index drops Vietnam's business confidence index (BCI) has decreased sharply from 123 points in the third quarter of 2011 to 116 points at present. 2012-02-04 - 7:00:00 AM Hanoimilk surpasses yearly business plan Hanoi Milk Joint Stock Co (HNM) reported that its Q4 sale revenue reached 75 billion dong, down 14 percent year-on-year, lifting the accumulative figure of full year to 282.4 billion dong, an year-on-year decrease of 12.8 percent. 2012-02-04 - 7:00:00 AM High Export Taxes Slow Rubber Production The rubber export target for this year of 880,000 tonnes is unlikely to be achieved since high export tariff rates of 3 to 5 per cent have caused many companies to limit production. 2012-02-04 - 7:00:00 AM Vietnam January Industrial Production Dips 2.4 pct y/y -Govt Vietnam's index of industrial production (IIP) for January slipped an estimated 2.4 percent from the same month last year, slowing from an increase of 7.5 percent last month, the government said on Thursday. 2012-02-04 - 7:00:00 AM Lanta-Viet resumes operation Lanta-Viet Travel Company has resumed operation and committed to continue to send the stranded Russian tourists in Binh Thuan back to their country in accordance with the tour schedules. 2012-02-04 - 7:00:00 AM Vietnam's IIP in January drops 2.4pct y/y As reported by the general Statistical Office (GSO), due to relatively prolonged Lunar New Year (Tet) holiday, Vietnam's Index of Industrial Production (IIP) was affected whereby the country's IIP in January 2012 dropped 12.9 percent from the previous month and 2.4 percent over the same period of last year. 2012-02-04 - 7:00:00 AM Fuel dealers brazenly continue selling after losing licenses Though required to stop operation for a year as of February 1, four out of nine fuel dealers that had their licenses revoked last year for selling substandard petrol have been caught remaining operational. 2012-02-04 - 7:00:00 AM Cooking gas suppliers call for import tax cut The Vietnam Gas Association has called on the government and the Ministry of Finance to cut the import tariff slapped on cooking gas from 5 percent to 2 percent, VGA chair Nguyen Si Thang said Thursday. 2012-02-04 - 7:00:00 AM
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