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BUSINESS IN BRIEF 3/9
Vietnam has recorded remarkable economic growth over the last eight months. However, the domestic economy is likely to experience some instability due to unprecedented fluctuations in the global market.
Finance and Banking
Vietnam has an urgent need to upgrade and develop its infrastructure. However, having attained middle income status, the nation is likely to receive less official development assistance in the coming years.
Vietnam seen becoming full negotiator for TPP
VietNamNet Bridge – Vietnam is expected to get further involved in the Trans-Pacific Partnership (TPP) and soon become a full negotiating partner for this new regional trade agreement, said Stephen Payton, APEC senior official at New Zealand’s Ministry of Foreign Affairs and Trade.
Goodwin: Culture wars
The Vietnam War protest that i remember most distinctly occurred over 40 years ago. In 1969 a large group protesting our participation in the Vietnam War marched down New York City's Broadway into the financial district where I was employed. Many of the marchers were what was then called "hippies."
Gad Capital Initiates Proxy Contest for Paragon Technologies
ATLANTA--(BUSINESS WIRE)--Gad Capital, a value focused investment fund and beneficial owner of 6.5% of the common stock of Paragon Technologies, Inc. (Pink Sheets: PGNT), today announced it has launched a proxy contest to elect a new Board of Directors at Paragon's December 15, 2010 annual meeting. Gad Capital has nominated the following candidates: Sham Gad: He is the founder and managing ...
Vietnam ship boss axed weeks after chairman arrest
(AP:HANOI, Vietnam) The new boss of one of Vietnam's largest state-owned companies has been suspended less than a month after the chairman of the debt-laden ship building conglomerate was arrested on charges of mismanagement, a company spokeswoman said Tuesday.
11. Global fund management industry changing
THE global fund management industry has changed significantly following the global economic downturn in late 2008, which led fund managers scrambling to shift their investments to safer havens away from traditional hotspots such as the United States, B...
TPC to shift focus overseas after Map Ta Phut ruling
Thai Plastic and Chemicals (TPC), one of two companies whose operating licences for projects in Map Ta Phut have been revoked, says it will no longer make major investments in the petrochemical industry in Thailand but will shift its focus overseas.
Gad Capital Initiates Proxy Contest for Paragon Technologies
ATLANTA----Gad Capital, a value focused investment fund and beneficial owner of 6.5% of the common stock of Paragon Technologies, Inc. , today announced it has launched a proxy contest to elect a new Board of Directors at Paragon's December 15, 2010 annual meeting.
PPB to invest US$50m on 2 flour mills abroad
Managing director Tan Gee Sooi said the mills will be in Indonesia and Vietnam to take advantage of the countries' burgeoning population with the capacity to process 1,000 tonnes and 500 tonnes of flour per day, respectively "We are now talking to the state authorities, undertaking a feasibility study and scouting for the right location. "We expect to open the Indonesian mill by next year and ...
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