State bank allows import of five tonnes of gold
The State Bank of Vietnam gave the nod to the import of five tonnes of gold to supply the domestic market in an effort to prevent speculation.
Gold advances to VND46 million per tael
Domestic gold prices skyrocketed to VND46.2 million a tael at 11.00 this morning as world prices and domestic spiraled.
Current electricity prices only benefit rich people: EVN
The current power pricing mechanism is not reasonable as it only benefits rich people and leads to energy wasting, an EVN official said.
Gold prices hit a record high of VND44 million per tael
SJC gold in Hanoi was listed at VND43.70-44.25 million per tael at 9:30am on August 8, up VND2.3 million per tael against the prices at weekend.
Global markets rocked by US downgrade
Stocks plummeted around the world as S&P's downgrade of the United States sent shockwaves through markets.
Domestic motorbike manufacturers disappearing on the market
While the demand for motorbikes has been increasing, the number of domestic motorbike manufacturers has been decreasing.
ECB ready to buy Spanish, Italian debt: France
The European Central Bank is ready to buy Spanish and Italian government debt, French Finance Minister Francois Baroin said Monday.
Giant projects’ broken dreams
Many billion-dollar FDI projects have been registered in Vietnam since 2006, accounting for one-fourth of the nation's total FDI commitment.
Businesses engage in online flame wars
A number of companies have used social networking, forums and blogs as a way to defame their rivals, causing big losses for some.
No end in sight for inflation
Consumer prices will continue to surge at a rate of about 1% in August, predicts the Ministry of Finance.
G7 vows to back stability as nervous markets open
G7 nations pledged to "take all necessary measures to support financial stability and growth" as nervous global markets re-opened.
Emergency talks called to calm global markets turmoil
The European Central Bank is due to hold emergency talks on whether to start buying Italian debt to contain spreading turmoil on financial markets.
NA ratifies resolution on tax reductions and exemptions
National Assembly deputies approved a resolution on tax reductions and exemptions for businesses and individuals to boost economic development in 2011.
No alternatives for nuclear power by 2050: Deputy PM
There are no energy sources which could replace nuclear power in Vietnam by 2050, said Deputy PM Hoang Trung Hai.
US loses AAA rating for first time
Standard & Poor's has cut the US credit rating for the first time in history.
Deputies discuss tax measures to boost economic development
National Assembly deputies gathered at a plenary session in Hanoi on August 5 to discuss tax measures to boost economic development in 2011.
China says debt financing unlikely 'to save' US, EU
China said Friday that debt deals in the United States and in Europe would not be enough to save their economies.
Minister: Transparency needed in calculation of petrol prices
Newly-elected Minister of Finance said transparency and close supervision are needed in calculating energy and petrol prices.
Vietnam among top gold-consuming countries
Vietnam ranks eighth in the world in terms of gold consumption, announced the World Gold Council.
Real estate sector sees sharp drop in FDI
The Vietnamese real estate sector has become less attractive to foreign investors, as the country saw a sharp drop in FDI.
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