Vietnam moves towards competitive energy market
Vietnam is speeding up technical preparations in a bid to foster a competitive power generation market beginning July 1.
Toyota to halt production at five European plants
Japanese auto giant Toyota said it would temporarily halt production at five European plants for several days in April and May.
Rising deficit only part of trading tale
The trade deficit with China stood at USD1.73 billion in the first two months of this year, compared to USD1.6 billion in the same period in 2010.
Steel projects bent out of shape by land woes
Site clearance woes are proving thorns in the side of billion-dollar foreign-invested steel projects.
Many workers labour under FIE employment conditions
A low-salary, high-pressure environment is driving many workers at scores of Vietnam-based foreign-invested enterprises to strike or change jobs.
Gold trading floors still operate despite ban
Many gold exchange floors have remained operating in spite of the State Bank’s ban, which took effect last year.
First international tea festival to be held in Vietnam
An international tea festival will be held in Thai Nguyen Province in November, the first of its kind in Vietnam.
Banks told to increase dollar reserves
The State Bank of Vietnam increased the compulsory reserve ratio for foreign currency deposits held by commercial banks to 6 percent.
VCCI: High interest rates an obsession for businesses
Thirty three percent of businesses cannot afford the current long term lending interest rates of 12-13% and higher, a VCCI survey has found.
Higher input costs drive up coal prices
Following the trend of other staples, prices for coal have been increased by between 20% and 40%.
Rice exporters’ appetite to be met
Although the global price of rice has fallen continuously in the past months, there are some positive signs of a change in fortune for local rice exporters.
Taiwanese find the Vietnamese market attractive
More than 100 businesspeople from Taiwan came to Vietnam to study investment environment and opportunities.
Government taking a close look at price hikes
The Ministry of Finance plans to scrutinise price hikes of seven staples beginning mid-April so to prevent possible price gouging.
Thai firms show keen interest in Vietnam
More Thai companies are turning their attention to Vietnam in the quest for investment opportunities, said an official of Bangkok Bank in Vietnam.
EU thrashes out Portugal bailout request
European Union finance ministers met on Friday to thrash out the terms of a multi-billion dollar loan to Portugal.
PetroVietnam sells USD2.7 billion to banks
Vietnam National Oil and Gas Group sold a total USD2.7 billion to commercial banks in the first quarter, said its chairman.
Gold traders seek to stabilise market
The Vietnam Gold Traders Association has submitted to Prime Minister Nguyen Tan Dung a package of measures to stabilise the domestic gold market.
ADB forecasts lower GDP growth this year
Vietnam’s gross domestic product growth may reach 6.1% this year, said an official from Asian Development Bank.
Microsoft to power Toyota cars on Internet highway
Microsoft and Toyota will work together to infuse the Japanese auto maker's cars with digital capabilities hosted in the Internet "cloud."
Piaggio launches second plant in Vietnam
Italian scooter maker, Piaggio, held a groundbreaking ceremony for its second plant in Vietnam ’s northern province of Vinh Phuc on April 6.
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