China February inflation rate at 4.9%
China has said prices rose 4.9 percent year-on-year in February, well above the official target, despite government efforts to rein in inflation.
Vietnamese stock market finds its first billionaire
Pham Nhat Vuong remains the richest investor on the Vietnamese stock market, having increased his asset value to over 1 billion US dollars.
Libyan oil output down by more than two-thirds
Libyan oil output is down by over two-thirds from 1.6 million barrels per day to just 500,000 amid the uprising against Moamer Kadhafi's regime.
Largest commercial centre to be built in Hanoi
The Savico Mega Mall project, the largest commercial venture in Vietnam, was introduced by CB Richard Ellis Vietnam and Savico.
Internet banking surges in southeast Asia
Online banking sites in Southeast Asia saw a sharp rise in users last year, as institutions grew more Internet-savvy.
China says will invest USD200bln in low-cost housing
China will invest around USD200 billion this year in affordable housing to address mounting public concern over runaway property prices.
Vietnam will invest USD1.91 billion in aquaculture by 2020
PM Nguyen Tan Dung has approved an aquaculture development project with an expected cost of $1.91B by 2020.
Interest rates raised again
The State Bank of Vietnam issued a decision to raise refinance and discount rates in an effort to curb inflation.
Nissin Foods to build instant noodle plant in Vietnam
Nissin Foods Holdings Co. will set up an instant noodle plant in Vietnam with the overall investment tentatively set around Y3.4 billion.
Banks still seek a deposit interest rate of over 14%
Despite the State Bank of Vietnam’s recent ban, many commercial banks are still trying to apply a deposit interest rate of 14% or more.
Banks to cut rates as SBV fights dollarisation
Commercial banks are mulling slashing interest rates for dollar deposits as the State Bank of Vietnam is getting tough on the dollarisation.
YouTube buys US web television company
YouTube announced that it bought Internet television company Next New Networks to improve content for the Google-owned video-sharing website.
Vietnam looks for new markets to export rice
Vietnam exported nearly 1,2 million tonnes of rice, earning USD600 million in the first two months of this year.
High price of construction material hurts consumption
The construction materials market in Vietnam is moving at a slow rate, as price hikes decimate purchasing power.
High interest and exchange rates hamper business
The strong USD and high interest rates have caused difficulties for Vietnamese companies.
FPT, Microsoft to launch cloud computing services
FPT and its partner Microsoft will jointly provide a number of cloud computing services in Vietnam by the end of the year.
Oil price spikes to 2.5 year-high on Libya unrest
World oil prices shot higher Monday, striking 2.5 year highs on the turmoil in Libya and the Middle East, analysts said.
Work starts on $182.1 million bridge in Mekong Delta
The Ministry of Transport started building a VND3.8 trillion bridge, which will be among ten most modern in Vietnam.
Honouring 100 outstanding businesswomen in 2010
A ceremony was held in Hanoi on March 6 to present the Golden Rose Cup Award to 100 outstanding Vietnamese women entrepreneurs in 2010.
OPIC to help spearhead US investment in Vietnam
American investors in Vietnam will have more financing options when joining local partners.
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