Home » Archive for March 31st, 2010
Foreign CEOs urge VN to tap internal strengths
Vietnam needs to muster all of its internal forces to remain competitive, especially in the transport sector, to attract more foreign investors.
The remark was made at the Vietnam Manufacturing Summit in Ho Chi Minh City on March 31, which drew the participation of over 100 Chief Executive Officers (CEO) from foreign groups and companies operating in Vietnam.
According to Mike Gildea, a CEO from Agiliti...
Vietnam rates as world’s 16th top emerging market
Vietnam holds 16th position in the latest Grant Thornton emerging markets opportunity index, which rates world markets in terms of size, development pace and economic growth.
In the Grant Thornton International Business Report 2010 released on March 31, the auditing and consultancy company said Vietnam has increasingly opened its economy and trade, especially after joining the World Trade Organisation...
Barclays Capital: Trade deficit not as bad as it looks
HANOI – Vietnam’s January-March trade deficit is US$3.5 billion compared with a surplus of US$1.5 billion in Q1 of 2009, but it is not as bad as it looked, says Barclays Capital.
The British banking institution Emerging Markets Research comments that at first glance the trade gap looks sizeable, but it should be seen in the context of US$2.5 billion of foreign direct investment (FDI) disbursements...
Maersk Line links to US west coast
The core shipping activity of the Maersk Line, has announced the introduction of a direct service between southern VN and the US West Coast with its premier Trans-Pacific 6 string (TP6).
The first sailing will be with the Mathilde Maersk on May 12.
The service will call at the SP-PSA international Terminal in Vung Tau, a deepwater facility located 80km south of Ho Chi Minh City near the mouth of the...
