"“We have lent a huge amount of money to the U.S. Of course we are concerned about the safety of our assets. To be honest, I am definitely a little worried.” "


Chinese premier Wen Jiabao 12th March 2009


""We have a financial system that is run by private shareholders, managed by private institutions, and we'd like to do our best to preserve that system."


Timothy Geithner US Secretary of the Treasury, previously President of the Federal Reserve Bank of New York.1/3/2009

Thursday, October 04, 2007

Investment into Vietnam grew at 17% in last 9 months

Saigon Daily report (all press is state controlled) that investment in Hanoi in the first nine months of this year grew 17.3% year-on-year to VND29.38 trillion (US$1.8 billion), with domestic investment accounting for VND4.9 trillion. The capital city attracted 236 new foreign-invested projects with combined capital of VND1.1 trillion in the period.

State-owned Vietnam Airlines has split orders for new planes between Airbus and Boeing. They have placed orders for 12 Boeing Dreamliners, worth US$1.9bn based on catalogue prices, with deliveries set to start in 2015.

It has also signed up for 10 Airbus A350-900XWB passenger jets, which is yet to be designed.

Meanwhile hatches are battened down as 400,000 flee asTyphoon Lekima hits Central Vietnam today.

The Daily Telegraph today says Vietnam, China, Qatar, Kuwait, Iran slipping ties with US$ as state treasuries unload US Treasury bonds, require payment in Euros.

at 10/04/2007 04:26:00 am

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