Gelex to increase charter capital in Gelex Electric

The Vietnam Electrical Equipment Joint Stock Corporation (Gelex) may increase the charter capital of its subsidiary business Gelex Eletrical Equipment Co Ltd (Gelex Electric) six-fold, to VNĐ2.2 trillion (US$98.6 million).

Firms eye Japan export market Poor quality goods, inadequate information about the market, and a lack of familiarity with the Japanese business culture are three obstacles that Vietnamese exporters need to overcome if they expect to conquer the Japanese market, agreed participants at a workshop in Ha Noi on Monday on the Viet Nam-Japan Economic Partnership Agreement.

World Bank to fund electric development Deputy Prime Minister Nguyen Tan Dung welcomed the World Bank's financial and technical support for Viet Nam's electric power industry as he received World Bank director in Viet Nam Klaus Rohland yesterday.