News Updates – July 2008

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Economic corridor plan approved
Vietnam News, Vietnam-July 17, 2008

HA NOI — Prime Minister Nguyen Tan Dung has approved a plan to develop the economic corridor of Lang Son – Ha Noi – Hai Phong – Quang Ninh to 2020.

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UK watchdog calls for bank account shake-up
Marketplace news-July 17, 2008

The Office of Fair Trading (OFT) said that much of banks' revenues from current accounts was derived opaquely, and that many customers do not know how much they pay in bank charges or how much interest they earn on balances in credit.

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India exporters eye Viet Nam market
Vietnam News, Vietnam- July 16, 2008

NEW DEHLI — A Federation of Indian Chambers of Commerce and Industry study on India-Viet Nam trade, shows Viet Nam is a potentially lucrative export market for India.

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WTO backs help for workers hit by globalization
Reuters - July 15, 2008

GENEVA (Reuters) - Government schemes to help workers displaced by trade liberalization can promote public support for trade reform, the benefits of which are increasingly under question, the World Trade Organization (WTO) said.

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Thailand signs deal to help Laos open stock exchange
Forbes, NY - July 07, 2008

BANGKOK (Thomson Financial) – On July 7th , 2008, the Stock Exchange of Thailand signed a deal with the Lao Central Bank to provide training to help the neighbouring country open a stock market.

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New law to bring accountability
Vietnam News, Vietnam –July 03, 2008

HA NOI — Customers can now sue merchants for damages if they’re sold fake or out-of-date products thanks to the Law on Quality of Products and Goods which came into effect on July 1st 2008.

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