Only 80 wild elephants are left in Vietnam, according to Vietnam’s state-run newspaper, Lao Dong. Experts at the Vietnam Forest Management Agency workshop, held earlier this week, reported the elephant population in Vietnam is in rapid decline. .In 1975, the Ministry of Agriculture and Rural Development estimated that up to 2,000 wild elephants were left in Vietnam. In 1992, the Vietnam elephant population dropped to between 400 and 600. Today, it is estimated only 80 elephants remain i... Read Full Story
Vietnam's Devaluation Alarms Rival Exporters - WSJ.com: "Vietnam's decision to devalue its currency raises tensions across Asia as the region's export-driven economies jostle for an edge amid a slow recovery in orders from the U.S. and Europe.Vietnam shaved 5% off the value of its currency, the dong, on Wednesday, its third devaluation since June 2008. It also increased interest rates by one percentage point, to 8%. The moves were driven primarily by domestic concerns, including a need to com... Read Full Story
"Vietnam auto industry could splutter and dieVisitors at the fifth Vietnam Motorshow in Ho Chi Minh City last week.Vietnam’s regional and global tax-cut commitments could mean the death of local car makers within the next ten years if there are be no improvements to the industry’s development strategy, a trade official said.That scenario would also include an ballooning trade deficit caused by the flood of imported cars, said Ngo Van Tru, deputy director of the Heavy Industry Department at th... Read Full Story
Hard Rock Café hits Vietnam Vietnam’s first Hard Rock Café will open in downtown Ho Chi Minh City next month, according to a recent press release. The café at Kumho Asiana Plaza, 39 Le Duan Boulevard in District 1, will be run by Viet Thai International, well known in Vietnam as the owner of Highlands Coffee. Viet Thai plans to open a total of four Hard Rock Cafés in Vietnam. Hard Rock Cafés traditionally offer standard American café fare, like burgers and fries, alongside a ... Read Full Story
SINGAPORE - Hewlett-Packard (HP) is entering Southeast Asia's music download market through an expanded partnership with Universal Music. The free service, which will be available in 18 countries across South and Southeast Asia from 28 November, gives HP customers access to Universal’s music library. The service allows 1,120 songs to be downloaded during a 12-month period, 120 of which can be downloaded for indefinite ownership. The rest will be available with a validity of one y... Read Full Story
Nani Afrida , The Jakarta Post , Jakarta | Tue, 11/24/2009 4:35 PM | Business Jakarta-owned developer and recreation operator PT Pembangunan Jaya Ancol will expand its business to overseas markets by performing dolphin shows in three countries—Vietnam, China and Thailand, starting next year.The company president director, Budi Karya Sumadi, said that Vietnam would be the first country to be visited, which would cost Rp 10 billion (US$ 950,000) in in... Read Full Story
Exotissimo unveils two new Vietnam Tour programs in Ho Chi Minh City and Hanoi, featuring cross-cultural exchanges and experiential excursions. Bangkok, Thailand (PRWEB) November 24, 2009 -- Leading destination management company Exotissimo Travel has launched two innovative tours in Ho Chi Minh City and Hanoi, drawing extensively on the company's insider knowledge and excellent contacts that come with 16 years of operation in Vietnam. ... Read Full Story
COURBEVOIE, France, Nov. 23 (UPI) -- French supermajor Total announced a new discovery of light crude oil off the coast of Vung Tau in the south of Vietnam in the Mekong delta region. Total, through its Total E&P Vietnam subsidiary, announced it discovered oil in its Lac Da Nau offshore prospect in block 15-1/05. The prospect is located more than 65 miles east of Vung Tau and about 40 miles off the coast. The well is the first exploration well drilled and the first discovery in the... Read Full Story
LookAtVietnam - National carrier Vietnam Airlines said its daily Ho Chi Minh City-Bangkok service will become twice daily starting December 1 as the carrier plans for more passengers from Thailand next year. Do Khoi Nguyen, Vietnam Airlines representative in Bangkok, told Thanh Nien that the new schedule, with one flight in the morning and the other in late afternoon, would be good for the tourist market. The airline wants to prepare for more Thai tourists next year, when Vietnam celeb... Read Full Story
International and domestic delegates gathered on November 19 in Quang Tri to find ways of minimising accidents caused by post-war bombs and landmines in central provinces.LookAtVietnam - International and domestic delegates gathered on November 19 in central Quang Tri Province to find ways of minimising accidents caused by post-war bombs and landmines and boosting clearance activities in central provinces.Speaking at the seminar, Deputy Minister of Labours, Invalid and Social Affairs ... Read Full Story
