Business

Business optimism rose significantly in the first quarter, according to a report by private auditing and consulting firm Grant Thornton.

The Ministry of Transport will slash by 50 percent all government bond projects in 2011.

The Ministry of Industry and Trade on March 14 held a conference in Ho Chi Minh City to discuss measures to prevent the smuggling of gasoline.

The Vietnam Food Association has decided to slash the floor price for rice exports by USD10-20 per tonne, starting from March 12.

Vietnam will have to source some of its electricity from China this year, perhaps at unfavourable terms.

The State Bank of Vietnam has ordered local lenders to sell US dollars to people who have legitimate demand.

The volume of US dollars flowing into commercial banks has increased following the crackdown on the black market.

Vietnam ’s consumer confidence index saw a significant increase during the first quarter of the year.

Projects that fall under the national power development plan through 2015 will be fast tracked.

The Ministry of Industry and Trade expected the consumer price index in March to increase by two percent due to a surge in the cost of electricity and petrol.

Japan stocks tumbled Monday and the central bank poured a record amount of cash to soothe money markets shaken by earthquake.

The Ho Chi Minh City authority has allowed a company to go ahead with plans for its boat service.

Unofficial market for foreign currencies in Hanoi has been reduced to almost nothing after recent new regulations.

The Vietnam National Coal-Mineral Industries Group has raised coal prices for products delivered to Electricity of Vietnam's thermal power plants.

Dissatisfied customers can now denounce sellers and ask for compensation from cosmetics companies if the products they purchased were substandard.

Eurozone leaders agreed to boost defences against a destabilising debt crisis stalking weaker members by strengthening a debt rescue fund.

Commercial banks and other financial institutions must make reports on their gold deposits and their lending by June 30.

Vietnam is calling for investment in various projects to develop its transportation infrastructure in the next five years.

Hanoians seems to be shifting to buying jewelery instead of gold taels, which may come under Government restrictions.