Hanoi’s CPI in June drops by 0.17 percent
Hanoi ’s CPI in June fell slightly by 0.17 percent against last month, but rose by 6.32 percent compared with the same period last year, according to the Hanoi ’s Statistics Office.
Cement companies struggle to survive bankruptcy wave
Cement companies are facing numerous difficulties, leading many to halt operations or close.
Stricter rules for low-income housing
Low-income houses will be occupied if the buyers or renters do not move in within three months.
Europe bets on closer ties to beat euro crisis
European leaders scrambled to buy themselves time in the battle to save the eurozone, promising their G20 partners they would integrate their banking sector.
Lower interest rates boost real estate market
Since the SBV started to lower the interest rate, many banks have also lowered their lending rates, fueling the real estate market.
Italian businesses seek opportunities in Vietnam
Nearly 50 Italian and Vietnamese businesses attended a seminar entitled “Vietnam in Umbria”.
PM requires careful monetary policies
The PM issued instruction on the socio-economic development plan and budget estimates for 2013.
Retailers ignore price listing rule
The pilot system for street trading requiring the use of listed prices in Hanoi seems not to have been effective.
City’s tourism dept says hotels are struggling
Hotels in HCM City are struggling with lower occupancy rates, said a report of the local Department of Culture, Sports and Tourism.
Investors flagrantly abuse insider trading loopholes
Lax management of the local securities market is creating opportunities for investors to violate the law.
IMF to firm up $430 bn crisis fund with China's help
After searching for months for cash, the IMF looks able to firm up a huge emergency "firewall" fund for crisis prevention after China said that big emerging economies would chip in.
Biggest Vietnamese listed firms: more cash, bigger debt
There are 12 public companies holding over VND1 trillion (USD47.6 million) in cash, but most of them are also big debtors.
Euro soars after pro-bailout parties clinch Greek polls
The euro soared in early Asian trade after Greece's two pro-bailout parties clinched enough votes to form a government.
State bank governor approves Habubank and SHB merge
The governor of the State Bank of Vietnam has given approval in principle to the merger of Habubank and SHBank.
Foreign protectionism threatens exports
Vietnam will face many obstacles in exporting its goods, especially steel products, machinery, equipment, organic chemicals, meat and plastics.
USD11.5-million floating dock left unused at Cam Ranh Bay
A floating dock valued at around USD11.5 million have been left unused at Cam Ranh Bay, Khanh Hoa Province, since August 2008.
State enterprises unable, unwilling to restructure
State-owned enterprises find it hard to provide restructuring plans because their auxiliary businesses are often more profitable than core operations.
Banks compete to attract depositors after removal of interest rate cap
Local banks have been competing to attract customers by raising deposit interest rates for terms of 12-months and more.
RoK, Vietnam aim for US$20 billion in trade turnover
Trade turnover between Vietnam and the Republic of Korea (RoK) was US$18.5 billion in 2011, and is likely to reach over US$20 billion by the end of this year.
Hanoi to reduce taxes
To assist troubled enterprises, the Hanoi Tax Department said it will cut USD245 million of taxes for small and medium enterprises.
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