Domestic goods struggling against fake products
Vietnamese companies are calling for a proper solution to crack down on contraband and fake products that are blocking their markets.
Lending interest rates up, troubling enterprises
Commercial banks have raced to raise their deposit and lending interest rates, causing difficulties to small- and medium-sized enterprises.
Strong US dollar worries domestic businesses
Many companies are now distressed about high import prices on materials and a recent increase in the exchange rate.
China-US spat hobbles G20 push on world economy
G20 leaders vowed to avoid currency manipulation, but differences between China and the US prevented major progress in rebalancing the skewed global economy.
Bickering G20 vows to avoid currency war
G20 leaders vowed to avoid tit-for-tat currency devaluations, but China's strong objections to any brakes on its export machine undermined a US push to redress skewed global trade.
Finance Ministry proposes 20% export tax on gold
Vietnam’s Ministry of Finance has proposed an export tariff on several products, including 20% on gold.
Dung Quat Oil Refinery under scrutiny of National Assembly
Deputies of the National Assembly urged the government to evaluate the economic efficiency of Vietnam’s Dung Quat Oil Refinery.
Gas industry set to triple in size over next 15 years
Vietnam's natural gas sector is set to triple in size over the next 15 years if Government objectives are achieved, a workshop in Hanoi was told yesterday.
Oil jumps above $88 in Asia as US stockpiles fall
Oil prices jumped above $88 a barrel in Asia on Thursday, boosted by news that U.S. crude and gasoline stockpiles declined last week.
National Assembly shapes budget plans for 2011
The National Assembly has approved a proposed revenue target of VND605 trillion for the state budget next year.
China's consumer prices rise 4.4 percent in October
China's consumer prices rose at the fastest pace in more than two years, the government said Thursday.
State Bank’s interference helps lower gold prices
Vietnamese gold prices took a much needed drop this morning thanks to measures by the State Bank of Vietnam.
Import quotas issued to help stablise Vietnam's gold fever
The State Bank of Vietnam has approved gold imports in reasonable volumes for just the third time in 2010.
Oil companies increasingly eye natural gas
Pretty soon, Big Oil will be more like Big Gas.
Overnight interest rates in VND soar to highest levels since February
The inter-bank overnight interest rate in VND hit 10.17% per annum; the highest since February.
NA sets high target for 2011 GDP growth
The National Assembly deputies adopted a resolution on the country’s socio-economic development plan for 2011, agreeing with a GDP growth rate of 7-7.5%.
Banks rush to compete as interest rates reach 12%
Banks have raised their VND deposit interest rate to 12% per annum, while racing to offer promotions to attract deposits.
G20 urged to ensure rare earth supply
Business groups from around the world have urged leaders at this week's G20 summit to ensure the supply of rare earth minerals.
World Bank chief moots return to gold standard
Robert Zoellick urged the world's leading economies to consider returning to a modified gold standard as fears of an upcoming currency war mount.
Vietnam's first oil refinery supplies jet fuel
A representative of Binh Son Petrochemical Refinery Company said that Southern Service Flight Company has begun to use Jet A1 fuel produced by the refinery.
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