Leading U.S. Entrepreneurs Show Interest in HCMC

A delegation of leading American businesses expressed their wishes to invest in Ho Chi Minh City during a survey trip to Vietnam July 22 to 24.

Representatives from American Dye Golf Corporation, Salim Group, Dallas Pension and Consult Fund all showed serious intentions in carrying out projects in the city, according to Chairman of the HCMC People’s Committee Le Thanh Hai.

U.S. Consortium Gets Nod for HCMC Waste-to-Energy Plant

The U.S. Entropic Consortium has been given approval to commercialize a 300 million-USD waste-to-energy facility in Ho Chi Minh City, the Business Wire reported Thursday.

The consortium concluded its final negotiations this week after a major presentation to government officials. The approval is subject to a final design, technology and administrative review by the HCMC Environmental Protection Agency.

Foreign Investors Target Vietnam Commercial Banks

Foreign investors are increasingly buying into Vietnam’s fast-expanding banking industry, creating favorable opportunities for local banks to boost their operations.

Overseas companies now see joint-stock commercial banks in Vietnam as an attractive investment option following the country’s rapid-growing financial market and the fact that banks are making huge profits.

At Least 200 Companies to List on Vietnam Bourse by 2010

The total number of companies listed on the HCMC Securities Trading Center, Vietnam’s first stock exchange will be minimum 200 by 2010, according to a Finance Ministry projection.

With the growing value of the stock exchange every year, forecasts predict the total number of listed companies will reach 200 by 2010 with an average capital sale of VND205 billion each, heard a seminar on the topic in Hanoi July 18.

Anthology Demystifies Vietnamese Food

Viet Nam News, July 17, 2005
by Clint Lambert

The Cuisine of Vietnam – Nourishing a Culture is not a cookbook, but more an exploration of the culture behind Vietnamese cooking. It is an anthology of different articles that have been selected from hundreds of food-centered pieces published in Vietnam Cultural Window. Mostly firsthand accounts written by Vietnamese, but interspersed with a Westerner’s take on the delicious, yet sometimes, complicated dishes that make up Vietnamese cuisine.

Vietnamese Maintain Identity Abroad

By Huu Ngoc

Dr Nguyen Khac Vien (1913-1997), holder of a Francophone Grand Prix bestowed by the French Academy, was the elder son of Nguyen Khac Niem, a Confucian scholar of great moral rectitude. When, in 1937, he left Sai Gon to study in France, his father went with him as far as the pier. There, his father handed him a letter, which was not to be opened until the ship had reached the high seas. It turned out to be instructions for Vien not to marry a ba Dam (French Westerner) in order to preserve his national identity.

Government Officials Pay Visit to Holy See

ROME — Viet Nam and the Vatican have agreed to increase contacts to promote mutual understanding, solve issues of mutual concern, and improve bilateral relations.

The agreement was reached during a visit to the Vatican from June 27 to July 3 by a delegation of the Government Committee for Religious Affairs, led by Chairman Ngo Yen Thi. The visit was made at the invitation of the Holy See’s Relations with States.

Its Secrets Revealed, Water Puppetry Retains Its Charm

By Huu Ngoc

Viet Nam’s water puppetry has captivated audiences around the world, but it may lose some of its charm and relevance when performed in Paris, New York, Stockholm, Tokyo and other major metropolises that lack the natural surroundings.

In Age of Globalization, Culture More Important Than Ever

By Dieu Ngoc

Landscapes of All Fifty U.S. States Shown in HCM City Photo Exhibit

HCM CITY — Images of America, a photo exhibition which opened yesterday at the HCM City General Sciences Library, marks 10 years of diplomatic relations between the US and Viet Nam.
The gallery features more than 70 landscapes and portraits from all of America’s 50 states. It is supported by the U.S. Consulate General and the HCM City Union of Friendship Organizations.

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