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STand and Never YIELD!!! - From the Battlefield in Viet Nam to Tower 2 on 9/11

... was one of my heroes when I was a Sergeant-turned-Cadet and began reading extensively about Viet Nam and the Ia Drang Valley. Rick was a British (Cypress and Rhodesia) and American (Viet Nam) war hero. He retired as a Colonel in 1990. Decades later, after 9/11, I had no idea that Rescorla had everything to do with denying Al Qaeda a huge victory. I wasn't surprised that Rick had saved...

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UK's Chloride Group Sets Up Shop in Viet Nam

UK-based Chloride Group PLC, a European leader in power solutions and services, opened a representative office in Ho Chi Minh City on Aug 28. Chloride’s services and products include power system UPSs, inverters, rectifiers, converters, static transfer switches, flywheels, fuel cells, generators, and software products. It also provides after-sales services and support backed up by its

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Vietinbank appointed to serve "tax management modernisation" project

Viet Nam Commercial and Industrial Bank (VietinBank) on September 1 was appointed to serve the "tax management modernisation" project capitalised at US$85 million by the State Bank of Viet Nam (SBV). Under it, Vietinbank is responsible for disbursing the World Bank (WB)'s US$80 million loan and a US$5 million non-refundable aid from Japan Policy and Human Resource Development Fund mandated...

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Schneider Electric transfers technology to Vapower

Schneider Electric Viet Nam and Viet A Group (Vapower) on September 5 signed a technology transfer contract that will allow Vapower to install Blokset Low Voltage switchboards in Vietnam by mid-2009. Schneider Electric Viet Nam said the contract will also enable Vapower to access the high-end electrical distribution market and shall contribute to both increasing the quality of infrastructures...

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Awards spotlight businesses in Indochina

An awards programme for outstanding enterprises and businesses in Laos, Cambodia and Viet Nam will be held in Ha Noi early next year. The event is jointly organised by the Viet Nam Association for Small and Medium-sized Enterprise, the Ministry of Defence’s Economic Department and the Association for Economic Development of Viet Nam-Laos-Cambodia. Prizes will be given to outstanding...

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Japan shares nuclear power development experience with Vietnam

Advanced technologies of nuclear power industry from Japan , a leading country in nuclear power development, is on display in the central province of Ninh Thuan from September 4-6. The exhibition-cum-seminar is jointly organised by Ninh Thuan provincial People’s Committee, the Viet Nam Nuclear Energy Institute, the Electricity of Vietnam, the Japan External Trade Promotion Organisation and the...

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Trung Nguyen franchises cafe at Singapore airport

The Trung Nguyen Coffee Company-franchised cafe will be put into service at Singapore's Changi International Airport this Friday. The coffee shop has a unique design and a place to display a variety of coffee beans, roasted coffee, and pictures and information about coffee produced in Viet Nam and elsewhere in the world. The shop will show guests how to prepare coffee using Vietnamese-style

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Foreign banks raise the bar for local finance firms

Ashok Sud, CEO of Standard Chartered Bank Viet Nam talk about the Banking Working Group. What is the role of the Banking Working Group? The Banking Working Group (BWG), which represents international banks and consumer finance companies in Viet Nam, was created under the aegis of the Viet Nam Business Forum to open a continuous dialogue with the State Bank of Viet Nam (SBV)...

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Vietnam aims to limit 2008 inflation at 25 per-cent

Viet Nam, which has been grappling with soaring inflation, aims to limit the rise in consumer prices for the whole year to 25%, the government said. Consumer prices in the Southeast Asian country of 86.5 million people, jumped 28.3% last month from a year ago, mainly due to a spike in food and fuel prices. "Our objective is to unite our force and mind to strive to achieve a growth of 7% and

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Vietnam-Laos salt-mine and chemical Ltd Co to debut in Laos

Viet Nam Chemical Corp (Vinachem) recently announced that Vietnam-Laos Salt-Mine and Chemical Ltd Co would officially make its debut on September 5 in Laos. The Vinachem 100%-invested company with an authorised capital of US$30 million aims to carry out kali salt-mine exploratory projects according to agreements signed between Vinachem and Laos government. Once finished, the project will

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BIDV loses 600b dong after three interest rate reductions

With the third interest rate adjustment on September 1, the Bank for Investment and Development of Viet Nam (BIDV)'s revenue in 2008 will lose additional 100 billion dong. Thus, the bank's total estimated fall in revenue for this year will be 600 billion dong. In the latest adjustment, BIDV's dong lending rate continued declining by 0.4-0.8% per annum against the previous benchmark. Accordingly...

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RNC/McCain open thread

I see y'all want to comment on the speeches, so here's the place to do it. Cindy McCain is on right now ("I think John was a hero in Viet Nam!") Be good....

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Those stubborn Republicans. Enough about Iraq!

By GottaLaff Open thread: Chuck Todd: Many Republicans are unhappy about all this Iraq talk. This is stubborness. Republicans want them to talk about the economy, not Iraq. Even though the Surge was supposed to have worked, the poll numbers haven't changed on this. If McCain loses, Viet Nam will not produce a president. Usually our wars produce presidents, but not that one.

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Agribank assigned to serve ADB-funded project

The Bank of Agriculture and Rural Development of Viet Nam (Agribank) was assigned to serve an ADB-funded technical assistance project in central Thanh Hoa city, according to the State Bank governor’s decision on September 4. The 2.4 million USD project aims to improve living standards in urban and suburban areas of the province and contribute to the local socio-economic development. Of the sum,...

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Vietnam to import 430,000 tonnes of salt this year

Viet Nam will increase its total imported salt to 430,000 tonnes this year, said the Ministry of Agriculture and Rural Developments (MARD). According to the MARD, Viet Nam needs 1,380,000 tonnes of salt this year for production and consumption. Of the total amount, domestic businesses can manage 1,100,000 tonnes and the remainder will be imported. However, due to an increasing demand...