Japan to provide stimulus loan

The Japanese government will give Vietnam up to US$200 million in loans as part of its $3 billion assistance package for Asian countries affected by the global economic downturn.

Vietnam to continue receiving Japan’s financial support

Vietnam Prime Minister Nguyen Tan Dung (R) receives Hiroshi Watanabe, president and chief executive officer of Japan Bank for International Cooperation (JBIC), in Hanoi Friday    

The Japanese government has decided to provide Vietnam with 65 billion yens (US$674.2 million) as official development assistance for the 2009 fiscal year’s first half.

Vinashin to take over Chan May Port

...made a decision to transfer ownership of the Chan May Port from the Thua Thien-Hue People’s Committee to Vinashin.

Ha Noi to host physics olympiad

... decided that the capital would host the 39th International Physics Olympiad (IPhO), an annual competition for secondary school students, running from July 20 to 29 next year.

Industrial growth plan to get reviewed

Deputy Prime Minister Nguyen Sinh Hung has asked the Ministry of Planning and Investment to review the Ministry of Trade and Industry’s proposal for industrial development in the three northwestern provinces of Son La, Dien Bien and Lai Chau.

 Big-end-of-town villas go on sale in HCMC

A new set of luxury villas for the fabulously rich went on sale in Ho Chi Minh City on Wednesday. The 43 villas, being built in Nha Be District are being offered up for sale by developer Phu Long Real Estate Corporation, for VND11 billion (U$643,000) each.

Russian foreign minister to visit Vietnam

VN part of Japanese investment strategy

HA NOI — The Japan Bank for International Co-operation (JBIC) is willing to invest in Asian countries including Viet Nam, the bank’s Chairman cum CEO Hiroshi Watanabe said in a meeting with Prime Minister Nguyen Tan Dung yesterday.

National university told to seek world ranking

President Nguyen Minh Triet (right) visits experimental lab of HCM City National University. —VNA/VNS Photo Tu Hai

Germany steps up pressure on GM on Opel, favoring Magna bid

A traffic sign shows the way to the Opel plant in Ruesselsheim July 14, 2009.    

German officials stepped up pressure on General Motors Co. to come to a decision on its Opel unit, with state premiers rejecting a possible sale to investor RHJ International SA in favor of Magna International Inc.