Electricity prices to remain stable in October
The MoIT has denied a electricity price hike in October because the inspection over power production cost has not been completed.
Investment fund predicts seven-year term to sell 70,000 apartments
Vietnam will need at least seven years to sell 70,000 apartments that lie empty if the country does not apply any stimulus measures.
Spain totters on edge of bailout as debt soars
Spain may seek a sovereign bailout within days, financial analysts predicted Monday, after the eurozone's fourth-largest economy revealed a soaring debt outlook.
New rules discourage banks from listing
Joint-stock credit institutions are expected to face even more difficulties to be listed on the stock market after the central bank's newly issued circular.
State enterprises rack up estimated USD9.52 billion in bad debts
Vietnam’s stated-owned enterprises have racked up an estimated VND200 trillion (USD9.52 billion) in bad debts.
Ministry establishes Port Authority
The Ministry of Transport will initiate a project to establish a Port Authority in Vietnam in an effort to put seaport development plans back on track and boost the logistics sector.
Japan merger forms world's 2nd largest steel firm
Two of Japan's biggest steelmakers will formally merge on Monday, creating the world's second largest firm in the sector.
Hanoi admits failure in upgrading traditional markets
Hanoi Party Committee Secretary Pham Quang Nghi has ordered a reassessment on upgrading traditional markets into commercial centres.
Nine-month industrial output rises 4.8 percent
The nation's Index of Industrial Production increased 4.8 percent in the first three quarters of this year, compared to the same period last year.
Forum discusses the problems facing Vietnam’s economy
Vietnam’s economy saw some goods signs in the beginning of year. However, a number of problems have grown.
Banks flout state bank interest rate cap
Some small banks have raised their short-term deposit interest rate to 12.5%-13.5% per year, despite the State Bank's ban.
S&P lifts outlook for nation's banks
Operating conditions are improving for the Vietnamese banking system, according to the Standard & Poor's Ratings Services on Wednesday.
Electricity producers face record high coal price hike
Vinacomin has raised various coal prices to a record high of 28% to nearly 40% depending on the quality for local electricity procurers.
S&P lifts outlook for nation's banks
Operating conditions are improving for the Vietnamese banking system, according to the Standard & Poor's Ratings Services.
September sees US$1 billion in FDI
September's FDI reached over US$1 billion, bringing the total nine-month FDI in Vietnam to US$9.52 billion.
Trade ministry refuses to list fuels as consumer goods
The Ministry of Industry and Trade disagrees with the Ministry of Finance on listing imported fuels as consumer goods.
Honda recalls 152,000 motorbikes
Honda Vietnam is recalling 152,053 Wave 110 RSX motorbikes due to improperly assembled taillight systems.
Rice output to hit 43 mln tonnes in 2012
Vietnam’s rice output is expected to surpass 43 million tonnes in 2012, an increase of 1 million tonnes or 2.6 percent over the previous year.
Telephone exports earn nearly $8 billion
Telephones and spare parts ranked second among Vietnam’s top ten export earners in the first eight months of this year.
Senior ACB officials charged with major fraud
The police have filed charges against former chairman of ACB Tran Xuan Gia and three other former bank officials.
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