Non-U.S. banks allowed to double dong deposits

Tue, 09/30/2003 - 17:09



The State Bank of Vietnam (SBV) issued a decision last week allowing non-U.S. foreign bank branches to double their deposits in Vietnamese dong.

Under Decision 1084, these branches can from October 1 increase dong deposits from both individuals and organizations to half of their chartered capital instead of 25% as at present.

This move has been anticipated earlier in a central bank's tentative scheme on removing restrictions on non U.S. foreign bank branches in Vietnam.

Viet Nam’s elderly find a new home for retirement

Mon, 09/29/2003 - 10:24


By Bui Nguyen Ngoc

There is an old Vietnamese saying: "A son looks to his father in his youth and a father to his son in his old age." But around here, the saying goes: "An old man looks to the centre."

Foreign Minister Nguyen Dy Nien: Peace and security are main task

Mon, 09/29/2003 - 10:18

Viet Nam News, September 29, 2003

NEW YORK — Strengthening international peace and security, as well as enhancing development, remain the world’s primary tasks, Foreign Minister Nguyen Dy Nien said at the United Nations headquarters in New York last Friday.

"Only in an environment of peace and stability can nations concentrate their energy on meeting the challenges of development and poverty eradication," he said in a speech at the General Debate of the 58th session of the UN General Assembly.

Vietnam Trade Minister's speech at Chicago conference

Fri, 09/26/2003 - 11:36

THE CHICAGO CONFERENCE ON THE GLOBAL ECONOMY:

INTERVENTION BY H.E MR. TRUONG DINH TUYEN MINISTER OF TRADE OF VIET NAM CHICAGO, 15-16/9/2003


Yours Excellency Mr. Chairman!
Ladies and Gentlemen!


At the outset, I would like to extend my sincere gratitude to the Chicago Council on Foreign Relations and His Excellency Mr. Marshall M. Bouton for giving me this opportunity to participate and speak in this prestigious forum.

VN, China lead region’s growth

Tue, 09/23/2003 - 17:16



SYDNEY — Asia-Pacific countries are predicted to have the world’s fastest growing economies this year, led by China and Viet Nam.

The International Monetary Fund (IMF) made the forecast in this month’s World Economic Outlook, saying China and Viet Nam will average 7.4 per cent growth this year and predicting even more dynamic figures next year.

World Bank’s global update report issued in Vietnamese

Mon, 09/22/2003 - 15:32



HA NOI — The World Bank has launched the Vietnamese language version of its major publication, the World Development Report 2004, at the same time as the English version for the first time.

World Bank Viet Nam director, Klaus Rohland, said the Vietnamese version had been released with the English version to allow local policy makers and the public timely participation in the global debate on development issues.

People with disabilities hope for better deal

Mon, 09/22/2003 - 15:30



HA NOI — Physically challenged people in Viet Nam have set up their own business association to protect their rights and push for the Government and business community to help provide vocational training and jobs for them.

The Viet Nam Association of Business Enterprises of Persons with Disabilities held its first congress in Ha Noi last Thursday, with 130 delegates representing more than 400 businesses of the disabled.

Vietnam's Trade Minister Outlines Plans to Enter Global Economy

Mon, 09/22/2003 - 12:33

Monday September 22, 11:31 AM - Asia Pulse Report

HANOI, Sept 22 (Asia Pulse) - Trade Minister Truong Dinh Tuyen spoke with Lao Dong (Labour) newspaper about Vietnam's progress as it attempts to enter the global economy.

What is Vietnam's status in the Association of Southeast Asian Nations(ASEAN) after nearly 10 years of membership?

"Vietnam's position has improved remarkably; we have been making solid
contributions towards a united ASEAN market.

Value survey shows high assessment of democracy and human rights

Mon, 09/15/2003 - 14:35

Nhandan.org.vn, August 2, 2003

Statistics from value surveys show that the people of Vietnamese highly value democracy and human rights in Vietnam. Professor, Academician Pham Minh Hac, head of the National Centre for Social Sciences and Humanities’ Institute for Human Study, writes.

VN is ready to cope with any new SARS outbreak: institute

Fri, 09/12/2003 - 12:23



HA NOI — Viet Nam is on SARS red alert after Singapore on Wednesday confirmed its first positive case of the deadly virus since the outbreak was declared over July.

"It’s possible that SARS could return but I personally think Viet Nam is not among the high-risk countries," said National Hygiene and Epidemiology Institute deputy director, Pham Ngoc Dinh.

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