Vietnam’s 2011 economy: "3 risky games"
Economist Vo Tri Thanh said investors will still concentrate on 3 large markets which he calls “The 3 risky games” in 2011.
New year calendar market in a slump
Prices of calendars for 2011 have grown as the new year approaches, but purchase power remains low.
US imposes anti-dumping taxes on Vietnamese shrimp
The US Department of Commerce has announced that it will continue to levy anti-dumping taxes on frozen warm-water shrimps imported from Vietnam.
Farm economy booms in Mekong Delta
In recent years, a great deal of farm businesses have been set up in the Mekong Delta, most of them are engaged in aquaculture, horticulture and husbandry.
Cashew exports surpass US$1 billion
Vietnam is forecast to export around 180,000 tonnes of cashew nuts, earning more than US$1 billion this year, the highest value ever.
Vietnam hikes rice prices as Indonesia buys more
Vietnam raised its rice export floor prices by nearly 14 percent, partly to meet possible demand from Indonesia
Vietnam's first securities fraud arrest intensifies vigilance over trading
Stock market regulator pledged to clamp down on fraud as authorities prosecute Vietnam’s first share-price manipulation case.
Vietnam's Techcombank to raise $153.9 million via bonds
Techcombank said it would raise 3 trillion dong ($153.9 million) by selling 10-year convertible bonds later this month.
Euro is "credible," not in crisis: Trichet
European Central Bank head Jean-Claude Trichet rose to the defense of the euro Friday, describing it as a "credible" currency that was not in crisis.
VASEP to set single tra fish floor price
Vietnam should set a single floor price that includes material and processing costs for tra fish for export, said head of the VASEP.
Interest free loans proposed for Vinashin to reimburse workers
The MoLISA has proposed the government provide loans with zero interest rates for Vinashin’s restructuring plans.
VGA requests gas import taxes to be dropped to 2%
The Vietnam Gas Association is seeking an approval from the Ministry of Finance to cut gas import taxes to 2%.
Gold export tax set at 10% beginning Jan, 2011
The Ministry of Finance has issued a circular to increase gold export tax rates to 10% from the current zero.
Expert predicts CPI to rise 11% this year
Vietnam’s consumer price index has been predicted to increase by 11% this year according to a local expert.
Exchange rate on US dollar damages Vietnam’s profits
Increases in exchange rates remain a cause of concern for many Vietnamese companies, particularly importers.
Petrol price control efforts put forth by Ministry of Finance
The Vietnamese Ministry of Finance decided to lower petroleum import taxes by 5% beginning December 1.
MoIT passes overall plan for footwear industry
The leather and footwear industry will focus on products and quality of human resources, according to the new overall plan for the sector’s development until 2020.
Vietnam Airlines to link HCM City with Beijing
Vietnam's national carrier will fly directly between the country's business hub, Ho Chi Minh City, and Beijing starting mid-December, the airline said.
Professor cautions Vietnam’s booming real estate market
Prof. Michael Porter says Vietnam's blooming real estate market could lead to an imbalance in its investment structure.
IT experts discuss support for businesses
The Vietnam Chamber of Commerce and Industry held a meeting to gather opinions from experts about the second phase of its IT support project for enterprises.
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