Economic

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VN sees trade surplus for second consecutive year

The country is estimated to have a trade surplus for the second consecutive year in 2013, according to the General Statistics Office.
Posted On 27/12/2013
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State’s stakes go for a good price

Investors have arranged big money ready to disburse for the big investment deals once the State sells its stakes in some enterprises.
Posted On 27/12/2013
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Government to boost non-core divestment

The Government will release a resolution stipulating some special measures to help State-owned groups and corporations to quickly withdraw their investments from non-core sectors, said Deputy...
Posted On 27/12/2013
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New foreign portfolio investment cycle starts in Vietnam

Foreign investors’ net purchase value has reached $200 million so far this year, according to the HCM City Stock Exchange. The figure is really very small if compared with the golden age of the...
Posted On 21/12/2013
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Agribank employee arrested for using fake gold as collateral

An employee of Vietnam Bank for Agriculture and Rural Development (Agribank) has been arrested for being involved in using fake gold as collateral to withdraw VND19 billion (USD904,761) from the bank.
Posted On 21/12/2013
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Workshop highlights role of design in handicraft trade

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.
Posted On 21/12/2013
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Wanton competition drives electronics stores into bankruptcy

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...
Posted On 21/12/2013
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Sharp, sudden increase in fuel prices

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.
Posted On 21/12/2013
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Canadian-funded project promotes safe food in Vietnam

A Canadian-funded project has helped build dozens of models for producing safe fruits, vegetables and meat in eight cities and provinces in Vietnam.
Posted On 21/12/2013
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PM: diplomats need to assist exports

Prime Minister Nguyen Tan Dung has urged the diplomatic sector to work harder to expand the market for the country's exports.
Posted On 21/12/2013
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Businesses look for ways to give Tet bonuses

Amid difficult economic times, many leaders of companies have been looking for ways to provide Tet bonuses to their employees this year.
Posted On 21/12/2013
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Vietnamese financier faces life sentence

Nguyen Duc Kien, one of Vietnam's most powerful financial figures, may face life sentence for violating state regulations on economic management.
Posted On 21/12/2013
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Viettel, VinaPhone switch to e-payment

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,...
Posted On 21/12/2013
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SBV ends rate-lowering race

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.
Posted On 21/12/2013
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Private firms need fairer treatment: Minister

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...
Posted On 21/12/2013
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