Month

How to enhance competitiveness, increase economic values and expand market for the handicraft sector were major subjects discussed at a workshop held in Ho Chi Minh City on December 18.

The demand for electronic products in the local market has dropped by 30% this year compared to the same period of last year. Despite promotion programmes, electronic stores still find difficult to attract customers, forcing many of them to close shop.

The Ministry of Finance and the Ministry of Industry and Trade have just agreed to an increase in fuel prices of VND600 per litre starting December 18.

A Canadian-funded project has helped build dozens of models for producing safe fruits, vegetables and meat in eight cities and provinces in Vietnam.

Prime Minister Nguyen Tan Dung has urged the diplomatic sector to work harder to expand the market for the country's exports.

Amid difficult economic times, many leaders of companies have been looking for ways to provide Tet bonuses to their employees this year.

Nguyen Duc Kien, one of Vietnam's most powerful financial figures, may face life sentence for violating state regulations on economic management.

Several local mobile service providers, including Viettel and VinaPhone, now are switching to the e-payment segment in the context that their revenues from basic mobile services such as call, text and value added services have declined.

In an effort to stop unhealthy competition among banks, the State Bank of Vietnam has issued a regulation that would prevent banks from offering loans at lower rates than deposit rates.

In the weekly show 'People ask, ministers answer', Minister of Planning and Investment, Bui Quang Vinh, said that several problems including the monopoly of SOEs' and opportunities for private firms must be quickly addressed.

Inflation in 2013 is likely to register approximately 6.15%, below the 8% level set by the National Assembly’s socio-economic development resolution and within Government target of 6–6.5%.

Vietnam National Shipping Lines (Vinalines) has proposed that the Government adopt preferential policies to help domestic shipping fleets overcome difficulties, according the online Vietstock newspaper.

In order to increase Vietnam's competitiveness in agriculture many have proposed a policy of integration of small farms in order to increase production, but this may mean that millions of small households would fall behind.

Police in HCM City have asked for help from Interpol Vietnam in their search for the owner of two local Gucci-Milano stores for smuggling.

Ministry of Industry and Trade (MoIT) official Vo Ta Luong has said learning more about the US market—Vietnam’s biggest exporter— and Chile—a gateway to Latin America – will help businesses with trade promotion and market development.