Interest rates may continue to fall
Bank interest rates may continue to decrease this year, said Nguyen Duc Kien, Vice Chairman of NA's Economic Committee.
Summer heat prompts businesses to get creative
As the days become hotter this summer, businesses in Hanoi come up with imaginative solutions to attract customers.
DOC’s preliminary decision against Vietnamese hangers
The US Department of Commerce has preliminarily decided against steel garment hangers imported from Vietnam.
Greek euro exit not ruled out if loan deal broken: France
A Greek exit from the eurozone will be on the agenda if Athens fails to impose required austerity measures, French Finance Minister Pierre Moscovici said.
Short-term interbank market to be targeted
The number of interbank transactions have risen sharply after SBV cut its deposit interest rate by 1% to 11% per year.
Denmark halts three ODA projects over fraud allegations
Denmark decided to halt three out of four of its ODA climate change study projects in Vietnam due to misappropriation of funds.
No cheap capital for Vietnam on international market now
Bad news about domestic economy and changes in world market would be a big challenge for Vietnamese banks' plan to issue international bonds in 2012.
New regulations expected to reduce prepaid mobile accounts
The circular on the management of prepaid mobile subscriptions is predicted to reduce the number of mobile subscribers.
Interest rates likely to drop to 9 percent: SBV
The State Bank of Vietnam may reduce deposit interest rates to 9 percent per year to cut loan rates and help businesses.
Gas traders exploit drops on world gas market
When world gas prices increase, domestic prices rapidly follow, yet when world prices drop, domestic prices tend to drop at a slower rate and by less.
China and Japan begin direct currency trading
China and Japan started direct currency trading as Beijing marked another stage on its journey to foster the yuan's use internationally in line with its growing economic clout.
Management a key factor to restructuring of state firms
The quality of human resource management plays a decisive role in the restructuring of State-owned enterprises, officials said.
EVN may be allowed a 5% price increase
The Electricity of Vietnam Group may be authorised to increase power prices by 5% upon an equivalent rise in the generation costs.
EC delegation launches 2012 Blue Book
The delegation of European Union (EU) in Vietnam launched the “EU Blue Book 2012,” the annual publication on EU development in Vietnam, on May 31.
Travel agencies discount to attract domestic tourists
Airlines, travel firms rush to reduce prices of domestic tours by 30-40% to stir up demand amid a market slump.
WTO warns of Asian protectionism threat
The head of WTO warned against growing Asian protectionism and said the region would not escape the impact of economic woes across the globe.
Companies abandon land amid economic downturn
Due to market slump, several real estate investors have abandoned projects to lease their land for football to earn money.
State-owned enterprises in debt crisis
State-owned enterprises in Vietnam had amassed a combined debt of over VND415.347 trillion to banks by September 2011.
Credit institutions required to have five years of operation before merger
The State Bank has proposed that credit institutions have at least five years of operation before making a merger.
Many foreign airlines eye Vietnam
Several international airlines are flocking to Vietnam amid an estimate that the country would become the world’s third fastest growing market by 2014.
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