Business

Vietnamese businesses and banks have finished importing about 10 tonnes of gold ahead the December 30 schedule.

Many Vietnamese banks are expanding their business activities into neighbouring countries like Laos and Cambodia.

Commercial banks in Vietnam have lowered deposit interest rates to the maximum rates of 14% per year.

Huge housing demand is still offering ample business opportunities for developers and investors as well.

Brazil this year overtook Germany as the fourth-biggest car market in the world -- and foreign investors see huge potential as the Latin American giant becomes increasingly prosperous.

CPI in Hanoi has increased by 1.83% compared to November and is 9.56% higher than December 2009.

Deputy Minister of Industry and Trade and Korean Vice Minister of Knowledge Economy co-chaired the meeting on Energy and Minerals Cooperation.

Tra fish will be taxed by about 35% when exported to the Brazil market as the country has just put it on a “special” list.

Fake, dubious and unbranded cakes, foods, construction materials and clothes are widely sold in Ho Chi Minh City, especially as Tet is drawing near.

Foreign shipping lines have been left at sea by unclear liquidation procedures for abandoned containers at Vietnam’s ports.

South Korea’s Doosan Heavy Industries & Construction Co., received an order worth about $3 billion to build two power plants in Vietnam.

The first 400MW turbine at Son La Hydroelectric Power Plant's has gone live, officially plugging into the national electricity grid.

Vietnam’s trade deficit is estimated to reach US$12 billion in 2010, the Ministry of Industry and Trade has reported.

Vietnam’s Fisheries Directorate signed a cooperation agreement with the WWF on tra fish sustainable development.

The price of gold in Vietnam fluctuated around VND35.9 million a tael as global prices remained under losing pressure.

November saw an increase in Vietnam auto imports but a drop in motorbikes compared to October.

Vietnam will use South Africa and Tanzania as export gateways to southern and eastern Africa, a Vietnamese trade official said after visiting the two countries.

The Ministry of Industry and Trade held a meeting with local petrol traders to ensure petrol supply and price stability.

The floor prices for exports of Tra fish will be enforced by the first quarter of next year, said Deputy Head of the VN Association of Seafood Exporters and Producers.