CA - With five coal-run thermopower plants under construction, PetroVietnam alone would need 18 million tons of coal, of which 13 million tons would be imported. By 2020, Vietnam would need 48 million tons of coal imports a year.

CA - Ho Chi Minh City Planning and Investment Department deputy director Lu Thanh Phong sheds some light on the city’s plan to attract foreign direct investment (FDI) in 2012.

CA - John C Tsang, Financial Secretary of Hong Kong Special Administrative Region Government (China), has just paid a two-day visit to Vietnam to bolster bilateral economic cooperation.

CA - One of the possibilities under consideration is either helping businesses iron out snags or letting weak enterprises dissolve themselves within the market rules.

CA - After sending a consultative task force to Vietnam in March, the International Monetary Fund (IMF) said the Vietnamese Government’s macro-economy stabilising policies have started to yield high effect, with quickly decreasing inflation, trade deficit and pressure on VND

CA - In other countries, a company has the right to claim for damages outside a contract if the governing agency fails to promulgate legal documents on time, resulting in delays of business, or limit investment rights given by law

CA - Macroeconomic uncertainty is among the biggest problems the country is facing. Efforts are being made to restructure the economy so as to achieve stability. The Saigon Times Daily talked with Pham Do Chi, senior economist of the Star Plus program, former expert at the International Monetary Fund (IMF), on the fundamental issues of Vietnam’s econom

CA - Viet Nam needs to develop a set of standards to evaluate the effectiveness of foreign direct investment (FDI) to help policymakers improve the activities, a seminar held in the capital heard yesterday.

CA - A lot of well-known big hotels in Vietnam have changed hands recently. However, they would not change their names.