tag:blogger.com,1999:blog-50323393692458973122024-03-13T20:24:13.616-07:00Dong GuruAfter the revaluation of the Zimbabwean dollars on 1 Aug 2006 [1], the Dong became the least respected forex device. Around Goal 21, 2007, the revalued Zimbabwean dollars obtained least respected forex position (in conditions of underground return amount, if exists), and the Dong is currently the 2nd least respected forex device.Adminhttp://www.blogger.com/profile/14627209326065829008noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-5032339369245897312.post-13807071163145092682012-03-22T20:10:00.000-07:002012-03-22T20:10:06.473-07:00Export research show<br />
<b>VietNamNet Bridge</b> – The great move income this year has been confirmed as a great achievement of the move. Especially, the income of many transfer items reduced greatly in comparison with 2010. However, big problems can be found after considering the results.<br />
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Vietnam gained 3.6 thousand cash from grain exports. However, it needed to invest 2.4 thousand cash to transfer fertilizer and pesticide so as to generate the 2.4 thousand cash value of grain move. It also introduced in 800 thousand cash value of wheat and Thai grain which is 50 % more costly.<br />
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Vietnam released 6.1 thousand cash value of fish items, but it had to invest 484 thousand cash to transfer components for processing. It also had to invest cash to buy nourish for shrimp and fish from overseas companies in Vietnam. Meanwhile, the imports of nourish and components for making animals nourish reached 2.3 thousand cash.<br />
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Vietnam released 628 thousand cash value of fruits and vegetables, while it introduced in 294 thousand cash value of the items.<br />
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Dairy exports introduced the income of over 100 thousand cash, while the imports of milk and milk products food cost 848 thousand cash. The costly overseas created milk products food make mothers worry themselves sick.<br />
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Vietnam did not move pharmacy items, while it had to transfer 1.6 thousand cash value of components and medicine items.<br />
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Vietnam could not pocket the whole sum of 20.5 thousand cash value of clothing and footwear exports, because it had to invest 12.1 thousand cash on cotton, fabric and clothing content imports for home production.<br />
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Vietnam released only 1.6 thousand cash value of materials items, but it introduced in much greater of up to 6.4 thousand cash.<br />
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Vietnam gained 3.6 thousand cash from plastic exports, but introduced in 1.3 thousand cash value of plastic created items. It was because Vietnam released raw components and bought vehicle tires.<br />
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Wooden fixtures items introduced 3.9 thousand cash, but the real revenue was much lower, because corporations had to invest 1.3 thousand cash to transfer wood from ASEAN, Africa, South The united states and North The united states. These days, Vietnam introduced in one thousand cubic measures of artificial boards a year, while it released millions of tons of particles.<br />
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In the very near future, the wood move countries may stop or reduce the exports. It’s still unclear where Vietnamese wood created fixtures manufacturers would find components, when the home forests get exhausted.<br />
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The papers exports introduced the minimal income of 415 thousand cash, while the imports of papers items were much greater at 1.4 thousand cash.<br />
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Vietnam released 2.6 thousand cash value of special stone, jewelry, mostly jewelry precious metal. However, the imports were also big, reaching 2.1 thousand cash this year, mostly bullion precious metal.<br />
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The above offered transfer statistics do not include the expenses on petrol, devices, gadgets and transport vehicles, which were indispensable to make items for exports. Meanwhile, the petrol, devices and gadgets are all the imports. The above results also do not truly reflect the import-export surroundings, because Vietnam still cannot reckon up the variety of contraband goods entering Vietnam through different illegal channels.<br />
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The results can show that though Vietnam’s move income was great, its revenue was still minimal. While the input content costs have been increasing rapidly, Vietnam’s move costs have not increased accordingly, which means that the sums of cash Vietnamese businesses can earn were very small.<br />
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Especially, Vietnam has been well known as a fossil petrol exporter, but it had to transfer fossil petrol this year, or several decades earlier than previously planned.<br />
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The business gap in the move with the neighbor Chinese suppliers has always been a headache to Vietnam. In the past, 20 Vietnamese corporations led the market in terms of the java exports to Chinese suppliers, whose exports accounted for 68 % of the total java exports. However, 50 % of the move amount has fallen into the hands of Chinese businessmen.<br />
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Nguyen Duy Nghia<br />
<br />Adminhttp://www.blogger.com/profile/14627209326065829008noreply@blogger.comtag:blogger.com,1999:blog-5032339369245897312.post-60615458165759867752012-03-22T19:57:00.002-07:002012-03-22T19:57:57.434-07:00Vietnam Forex Market Backing, Main Bank Primary Says<br />
Vietnamese main financial institution Governor Nguyen Van Giau said the nation's foreign-exchange industry is backing, less than three months after the national forex was devalued.<br />
The main loan companies activities to freeze financial plan have reinforced precious metal and foreign-exchange markets, he informed correspondents in Hanoi these days before a conference the next day of the Oriental Development Bank . The main financial institution has increased prices and presented new boundaries on the use of precious metal in the nation.<br />
“Vietnam ’s precious metal and foreign-exchange industry has been constant and within the government’s control, especially during the past four weeks,” Giau said. “The government has used all initiatives to acquire blowing up, as the government’s top goals are to restrain blowing up and secure the macro-economy.”<br />
The main financial institution this month raised its re-financing amount to 14 %, up from 13 % formerly and from 9 % in Feb. The year-on-year amount of blowing up achieved 17.51 % in May, the quickest speed since 2008, while the amount per month was 3.32 %.<br />
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While the amount per month of blowing up should start reducing in May, the year-on-year figure may improve until the second 50 percent of the season, said Ayumi Konishi , the ADB’s Vietnam nation movie director.<br />
“Economic programs always take time to get the actual impact,” Konishi informed correspondents in Hanoi these days.<br />
February Devaluation<br />
The 7 % decline on Feb. 11 was it all such move in the last year-and-a-half and was targeted in part at whittling the gap between established and unofficial forex prices for the forex. Calculated by the established return amount, the dong the other day completed its best weeks time since at least 1997.<br />
“There is still a gap between the established return amount and the industry amount, but it’s not as wide as it was formerly,” said Mike Young, primary operating specialist of Australian-listed steelmaker Vietnam Business Assets Ltd. (VII)<br />
The failing to follow an Aug 2010 decline of the dong with a tensing of financial plan triggered the gap between the established and industry forex prices for the forex to expand to 10 %, before Vietnam’s main financial institution this season took “a sequence of activities to control in blowing up and increase the supply of forex trading to the financial state,” the Worldwide Monetary Finance said the other day.<br />
Among the activities were a more slowly estimated speed of credit growth; higher attention rates; constraints on the trading of precious metal bars; programs to reduce foreign-exchange holdings by state companies; and programs to contain public spending, according to the IMF.<br />
“The perspective for 2011 relies upon really on whether the new plan package will be successful in reestablishing plan reliability, as well as home and overseas buyer confidence,” the IMF said in a report published on May 28. “The government bodies should stand ready to freeze programs further if necessary.”<br />Adminhttp://www.blogger.com/profile/14627209326065829008noreply@blogger.comtag:blogger.com,1999:blog-5032339369245897312.post-3027885611838384762012-03-22T11:37:00.001-07:002012-03-22T11:37:17.007-07:00Development personnel trip Tranh Stream Wave power Plant<div dir="ltr" style="text-align: left;" trbidi="on">
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HA NOI -- Bui Trung Dung, deputy chairman of the nationwide office of construction evaluation under the Assistant of state for Development, determined that Tranh Stream Wave power Flower "has faults in design, construction, guidance and operation".<br />
Dung determined when major his office, along with the delegation from Quang Nam Region, last night to trip to obtain where employees were trying to restore the dam's leaking.<br />
Dung posited that low-grade tangible was an error in dam construction. He included "though there is a simple solution for the leaking, the buyer and constructor did not deal with the issue on time, which increases great issues."<br />
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According to the delegation, drinking water ongoing to flow from the development joint parts though they couldn't find any break.<br />
"There is no tube for drinking water to be published downstream, which is why the drinking water has published," said Dung after verifying the dam function for three hours.<br />
Dung also said the release of 30 ltrs per second was high and needed to be decreased.<br />
The Power of Vietnam recommended that the plant's buyer should use up drinking water in the tank so that the stage could be lower to deal with the leaking. Dung said from the group must instantly check the dam protection and deal with the loss with tangible, tar or concrete, in contrast to the sand they were currently using.<br />
Chairman of the Bac Tra My Section Individuals Panel, Dang Phong said the individuals were not fulfilled with the current treatment with sand. Phong said from the team, and the buyer, Handling Board of Wave power Flower No 3, should make peoples' life a "priority" to advertise security. Phong even requested to stop to obtain function for protection reasons.<br />
Nguyen Minh Tuan, office head of the Quang Nam Weather and Overflow Avoidance said there was no purposed plan of break free in the event of a catastrophe.<br />
He could not think about how much damage the individuals downstream of Tranh Stream and the encompassing river of Thu Bon would experience if anything went wrong.<br />
At the provincial stage, Nguyen Duc Hai, Party Assistant of Quang Nam Region said the delegation's summary had guaranteed the protection of regional govt bodies and individuals. However, he said from the group and buyer must learn training from their faults and fix the issue as soon as possible.<br />
Also last night, Deputy Primary Reverend Hoang Trung Hai advised the Assistant of state for Industry and Business, the Power of Viet Nam and the nationwide evaluating govt bodies to fix the issue in Tranh Stream Flower to review to the Government.<br />
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