Business http://daily.vietnamtravelnews.net/rss.php http://backend.userland.com/rss Thanhniennews.com The owner of a Panamanian cargo ship that sunk off central Vietnam in early October has authorized Ho Chi Minh City-based Bao Tran Pte Diving and Salvage to recover the wreckage. http://daily.vietnamtravelnews.net/business/2/44227 2008-12-02 11:41:58 Investors at the Ho Chi Minh Stock Exchange heaved a sigh of relief at last Friday’s rally but analysts remain cautious, expecting the market to resume its slump this week. http://daily.vietnamtravelnews.net/business/2/44184 2008-12-01 16:38:37 Many overseas Vietnamese investors may have to suspend their projects in Vietnam as the global economic slump makes it hard for them to raise funds, the Overseas Vietnamese Business Club has warned. http://daily.vietnamtravelnews.net/business/2/44191 2008-12-01 16:44:41 Budget airline Jetstar Pacific must submit a fresh application to the aviation regulator if wants access to new international destinations, said Deputy Minister of Transport Le Manh Hung. http://daily.vietnamtravelnews.net/business/2/44192 2008-12-01 16:46:05 Vietnam will probably cut its benchmark interest rate to 7 percent by mid-2009 to maintain growth amid a worsening global economy, Deutsche Bank AG predicted last week. http://daily.vietnamtravelnews.net/business/2/44194 2008-12-01 16:49:07 Many foreign companies have been eagerly awaiting the opening of Vietnam’s retail market, but a series of challenges await them. http://daily.vietnamtravelnews.net/business/2/44198 2008-12-01 16:56:43 The price of husked rice has increased by as much as VND700 per kilogram last week after months of decline, Tien Giang Food Company’s Director Nguyen Ngoc Nam said Sunday. http://daily.vietnamtravelnews.net/business/2/44202 2008-12-01 17:01:16 PetroVietnam's shipping arm PV Trans plans to invest up to US$3 billion over the next seven years to upgrade its crude oil product tanker fleet to meet demand from Vietnam's refineries, it said Monday. http://daily.vietnamtravelnews.net/business/2/44209 2008-12-02 11:30:22 The government Monday cut fuel prices and increased fuel import tariffs, for the third time in less than a month, in reaction to the continued fall of world oil prices. http://daily.vietnamtravelnews.net/business/2/44212 2008-12-02 11:32:50 Ho Chi Minh City stocks Monday failed to extend Friday’s rally, ending flat as investors’ waited for signals from the US and signs the local market has stabilized. http://daily.vietnamtravelnews.net/business/2/44221 2008-12-02 11:37:43 The inauguration of a market for trading unlisted shares, to be known as UPCoM, has been delayed since the government has not decided on foreign ownership rate, a Hanoi Securities Trading Center (HaSTC) official said. http://daily.vietnamtravelnews.net/business/2/44222 2008-12-02 11:38:21 Garment businesses in southern Dong Nai Province are desperate for staff. http://daily.vietnamtravelnews.net/business/2/44223 2008-12-02 11:38:43 Seven firms in the southern province of Long An have had their operations suspended for polluting the environment, the provincial Managing Board of Industrial Zones announced Monday. http://daily.vietnamtravelnews.net/business/2/44225 2008-12-02 11:40:37 Vietnamese banks have cut lending rates slightly in the past week following central bank rate cuts but corporate borrowers are looking for a reduction of at least 2 percentage points more, they said Monday. http://daily.vietnamtravelnews.net/business/2/44226 2008-12-02 11:41:14 Bac Lieu Province in the Mekong Delta has lost up to 197 hectares of shrimp farms in the past week, the deputy head of provincial Agriculture and Rural Development Department Ta Minh Phu said Monday. http://daily.vietnamtravelnews.net/business/2/44228 2008-12-02 11:42:14 A recent report by the Ho Chi Minh City People’s Council’s Legislation Board found most local enterprises are not meeting minimum working conditions. http://daily.vietnamtravelnews.net/business/2/44229 2008-12-02 11:42:33 Vietnam’s first refinery, Dung Quat Oil Refinery in central Quang Ngai Province, on Sunday received 80,000 tons of crude oil for its test run. http://daily.vietnamtravelnews.net/business/2/44230 2008-12-02 11:42:50 Ho Chi Minh City residents will be burdened with higher land tax bills next year after the government decided to charge more for the city’s improved infrastructure. http://daily.vietnamtravelnews.net/business/2/44238 2008-12-03 23:04:11 A unit of Canon Inc., the world’s largest camera maker, may spend as much as US$130 million to develop a parts factory in the northern province of Hung Yen to supply its operations in Asia. http://daily.vietnamtravelnews.net/business/2/44239 2008-12-03 23:04:29