City eyes private investment in traffic infrastructure
The HCM City Department of Transport has called on the private sector to invest in roads and bridges to ease the terrible traffic congestion.
ADB President: Vietnam can control inflation
Vietnam can curb inflation this year if the country successfully implements Resolution 11, said the president of the ADB.
Eurozone mulling easier recovery terms for Greece
Eurozone members are debating milder recovery terms for debt-hit Greece as it struggles to stick to a harsh austerity plan.
Android smartphones widen lead in US market
Smartphones powered by Google software widened their lead on BlackBerry handsets in the US market during the first three months of the year.
Vietnam expects to earn $5.3 billion from aquatic exports in 2011
The export of aquatic products in the first four months of this year hit $1.6 billion, up 29% against the same period last year.
Over 20 hydropower projects face having licenses revoked
Some provinces are seeking approval to revoke investment licenses of delayed hydroelectric projects.
Government agencies seriously lacking security experts
If Vietnam cannot settle the current deficiency of information security experts, it will fail in building up an e-government and become an IT power.
Rising Chinese prices put local producers at advantage
China’s yuan rise and inflation have made a number of its products more expensive than those of Vietnamese firms.
PM: Vietnam aims for average GDP growth of 7%
The target for average annual GDP growth for the next five years has been set at 7%, said Prime Minister Nguyen Tan Dung.
VietinBank to increase cooperation with Italy’s largest bank
VietinBank has signed a deal to increase its cooperation with UniCredit S.p.A., the biggest bank in Italy.
Firms invest $1.8 billion overseas in four months
With nine projects licensed last month, Vietnamese firms invested nearly USD1.8 billion abroad in the first four months this year.
Deputy PM: Steel projects to be considered more carefully
Because of an oversupply of steel, the Government will now consider projects more carefully before granting licenses.
SBV: Growth at any cost is undesirable
Vietnam will strive to attain a sustainable and environmentally-friendly economic growth, said the State Bank Governor.
ADB to fund USD1.38 billion to clean water projects in Vietnam
The Asian Development Bank will provide Vietnam with a loan worth USD1.38 billion to provide access to clean water.
Vietnam hikes reverse repo rate to 14% from 13%
Vietnam's central bank raised the rate it offers for loans via open market operations by 100 basis points to 14 percent on Wednesday.
Vietnam, South Africa to increase two-way trade
Vietnam wants to join South Africa in raising two-way trade to $1 billion in the next few years, said Vice President Nguyen Thi Doan.
Dealers hoard petrol as price hike nears
Expectations of an impending price hike prompted petrol stations in several Mekong Delta localities to close down and/or rationed fuel sales.
Condo owners face dilemma of funds shortage
Real estate owners are hunting for customers to buy their apartments as they tackle the dilemma of an acute shortage of funds.
Minister: Vietnam sets inflation target at 11.75% this year
Vietnam is making efforts to tame inflation at 11.75%, said Vo Hong Phuc, Minister of Planning and Investment.
PPP projects slow to gain sufficient traction
Private investors are keen to jump onto the public-private partnership investment bandwagon, but local authorities are failing to do their part.
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