Tokyo stocks hammered, BoJ unleashes record funds
Japan stocks tumbled Monday and the central bank poured a record amount of cash to soothe money markets shaken by earthquake.
"River buses" come to Ho Chi Minh City
The Ho Chi Minh City authority has allowed a company to go ahead with plans for its boat service.
Black market USD trade almost non-existent
Unofficial market for foreign currencies in Hanoi has been reduced to almost nothing after recent new regulations.
Vinacomin hikes coal prices
The Vietnam National Coal-Mineral Industries Group has raised coal prices for products delivered to Electricity of Vietnam's thermal power plants.
Ministry to tighten controls on cosmetics
Dissatisfied customers can now denounce sellers and ask for compensation from cosmetics companies if the products they purchased were substandard.
Eurozone agrees to boost debt defences
Eurozone leaders agreed to boost defences against a destabilising debt crisis stalking weaker members by strengthening a debt rescue fund.
Vietnam tightens gold trade policies
Commercial banks and other financial institutions must make reports on their gold deposits and their lending by June 30.
Transportation infrastructure in desperate need of capital
Vietnam is calling for investment in various projects to develop its transportation infrastructure in the next five years.
Gold sales in Hanoi lean towards jewelery
Hanoians seems to be shifting to buying jewelery instead of gold taels, which may come under Government restrictions.
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.
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