Insurance premiums to total USD2.2b in 2012
The insurance market will continue to expand this year, with total premiums expected to reach USD2.2 billion, up 24% from last year, says a recent report from A.M. Best.
Euro falls in Asia after France, Greece elections
The euro dropped to its lowest level in more than three months after the defeat of ruling parties in French and Greek elections.
State Bank caps lending interest rate at 15%
The State Bank of Vietnam decided to limit the ceiling for annual lending interest rates for four industries at 15% beginning May 8.
Government suspends import of used machinery
The Government has approved proposal to suspend import of second-hand machinery, equipment and production lines.
Vietnamese labour market looking up
The number of jobs created last quarter was higher than expected due to the Government's new policies, said an official.
Micron likely to buy Japan's ailing Elpida: report
US-based semiconductor maker Micron Technology is likely to buy ailing Japanese rival Elpida Memory for USD2.5 billion.
Vietnam successful in implementing tight monetary policy
The Vietnamese government has made strides in putting its tight monetary policy in place, helping reduce credit demands and inflation, according to HSBC Group.
Experts urge new growth models
Infrastructure for urban and industrial zones and universities need to be planned in a more coordinated manner at regional levels, says an official of the Institute for World Economics and Politics.
Fisheries against current safety inspection system
Fisheries have been complaining, saying the food safety policies adversely affect business.
Merger reveals Habubank losses only half of those claimed
In the process of merging, SHB bank announced Habubank’s losses were only half of those in their initial statement.
Facebook pushes IPO ahead, value set above $70 bn
Facebook set a price range for its public offering that would value the social network between $70 billion and $87.5 billion.
Travel undeterred by higher services prices
The four-day holidays saw popular tourist destinations flooded with holidaymakers regardless of higher services prices than on normal days.
US urges China to allow currency to appreciate
US Treasury Secretary urged China to allow further appreciation of its yuan currency against the dollar.
ECB meets under tight security in Barcelona
ECB chiefs gathered under tight security in Spain to discuss whether to provide more money for governments as the political resolve to rein in deficits shows signs of crumbling.
Real Madrid end Barca title run in style
Real Madrid claimed their first Spanish title in four years as they beat Athletic Bilbao 3-0 for what is their 32nd league crown.
ATMs suffer post-holiday shortfall
Hanoi’s ATMs have suffered a shortfall in cash, causing problems for people trying to withdraw money after the holiday.
Gas prices continue to rapidly fall
Domestic gas retail prices have continued to drop sharply following a fall in the world market.
Four strange but true features in the Vietnamese stock market
There are so many incredible stories about the 10-year-old Vietnamese stock market which can be heard only in Vietnam.
Facebook on track to go public May 18: WSJ
Facebook is on track to make its historic multi-billion-dollar debut on Wall Street on May 18, The Wall Street Journal reported.
Domestic tourism threatened by holiday profiteers
The long holiday have led to skyrocketing prices, along with opportunities for price-gougers.
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