Million Euros MillionSyndicate Million Euros Million

EU to help Viet Nam reduce poverty

The European Delegation to Viet Nam yesterday announced that it had disbursed a total of 29 million euros (US$41million) in grants to support poverty reduction in Viet Nam.

Belgium extends 60 million euro aid to Vietnam

HCMC – The Belgian government has approved a program to provide Vietnam with a 60 million euro grant in 2011-2015, the Embassy of the Kingdom of Belgium in Hanoi said in a statement.

France provides 20 million euros for infrastructure development

HANOI – The French Development Agency (AFD) has provided Vietnam with 20 million euros in loans to implement infrastructure development projects in HCMC.

Export value to France well up in January

The turnover of exports to France showed a year-on-year increase of 34.3 per cent to more than 144.7 million euros (US$203.5 million) in January, a report from the Vietnamese Embassy in France said.

Bilateral trade with France to reach $2.9 billion this year

Two-way trade turnover between Viet Nam and France is set to reach 1.99 billion euros (US$2.9 billion) by the year-end, says Pham Xuan Yen, Trade Counselor at the Vietnamese embassy in France.

German bank makes loans for rural power

Electricity of Viet Nam (EVN) and Germany's Reconstruction Credit Institute (KfW) initiated a 162 million euro (US$207 million) project to increase energy effectiveness in rural areas.

From Business

Firms advised to focus on TPP

HN — Domestic businesses should positively build plans and methods to grow marketplaces in nations joining the Trans-Off-shore Partnership (TPP) Agreement.Ngo Chung Khanh, deputy director from the Secretary of state for Industry and Trade's Multilateral Trade Policy Department, made the suggestion in a conference in Ha Noi yesterday.The TPP pact, also called the Trans-Off-shore Proper Economic Partnership Agreement, is really a multilateral free trade deal that aims to help liberalise the financial systems

Blue chips lead share plunge

HN – Blue nick declines ongoing to tug shares lower around the HCM City Stock Market today.As much as 80 percent from the top 30 shares by market capitalisation and liquidity sank, which the 2nd biggest share PV Gas, HCM City Infrastructure Investment (CII), Sea Group (OGC) and Sacombank Investments (SBS) fell through the daily limit of 5 percent.Only mixer Masan Group (MSN), property developer Quoc Cuong Gia Lai (OQC) and Song Da Urban & Industrial Zone Investment and Development (SJS) bucked the