Banks warned to comply with credit growth limitsState Bank of Vietnam Governor Nguyen Van Giau required commercial banks to maintain credit growth at 20 percent or less this year.
Monetary policy on track for successNational monetary policy was on the right track, with credit growth falling to 6.92 percent in the first five months of the year, said an official.
Vietnam’s retail market ranking sliding down since ‘08Vietnam’s retail market ranking has slipped from first place in 2008 to 23rd place among 30 surveyed emerging economics in 2011,said a survey.
Two withdraw as Europe fights to keep IMF jobTwo candidates to head the IMF backed out of the race, denouncing Europe's bid to hold on to the job.
Shocking fees proposed for ‘right to own a car’An investment association recently proposed that the Vietnamese government should put a special fee on imported cars and motorbikes.
Mobile providers intensify competition over 3G servicesWith the 2G service market almost saturated, mobile service providers are tapping the growing 3G market.
Vietnam Airlines increases flights to AustraliaVietnam Airlines has announced that it will increase the number of flights to Melbourne and Sydney, Australia to 14 per week as of June 13.
Experts voice scepticism over forex market stabilityIf Vietnam fails to curb its trade deficit, its forex market may become unstable in the long-term, said experts.
China's trade surplus widens to $13.05 bn in MayChina's politically sensitive trade surplus expanded to $13.05 billion in May, government data showed Friday.
Vietnam’s retail market less attractive: A.T. KearneyVietnam’s retail market was becoming less attractive, with its global ranking falling nine spots to the 23rd place, according to a survey by A.T. Kearney.
Hundreds of websites in Vietnam hackedJust within several days of early June, technology and security forums have reckoned hundreds of “.vn” websites which have been hacked.
Cuts in global oil prices yet to benefit domestic consumersDespite the recent price falls on the global market, Vietnamese petrol traders have yet to lower their retail prices.
Jetstar Pacific in debt of VND180 billionVietnam Air Petrol Company claimed that Jetstar Pacific owes it over VND180 billion (USD8.6 million) in backlog payments.
Divided OPEC unable to agree on output hikeA divided OPEC failed to agree to boost output to cool high oil prices, which jolted markets and sparked criticism from the West.
Donor delegates tour projects in Ha TinhDelegates to the mid-term donors’ consultative group meeting for Vietnam said that aid poured into Ha Tinh helped improve local people’s lives.
Divided OPEC begins critical oil output meetingOPEC began a meeting amid uncertainty over the outcome, with clear divisions over whether the cartel should boost production to help revive growth.
DEHP contaminated products still in marketMany small shops in Hanoi continue to sell Taro jelly packets, even though New Choice Foods company had recalled the product nationwide.
Lagarde arrives in China on IMF tourFrench finance minister Christine Lagarde arrived in China Wednesday as she pursues a global charm offensive to back her bid to lead the IMF.
Oil, food prices brake global growth: World BankRising food and fuel prices are taking the wind out of the global economy's recovery this year, the World Bank has said.
Government vows broader access to ODA for private sectorThe Government will make it easer for the private sector to access official development assistance through the public-private partnership model.