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City’s GDP up 10 percent in nine months
27/09/2011
Ho Chi Minh City continued to maintain its socio-economic growth despite high inflation and challenges in the first nine months of the year.
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US businesses keen on investing in Vietnam
17/09/2011
The
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Vietnam’s economy in 2012: Every cloud has a silver lining
13/09/2011
Commenting that the national economy is now at the three-way crossroads and that the galloping two-digit GDP growth rate period is over, economists and businessmen still believe that the current difficult period is the time to restructure businesses and the national economy.
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Vietnam attends Baikal Economic Forum in Russia
13/09/2011
A 12-member delegation from the Vietnamese Embassy in Russia headed by
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S&P lowers Vietnam LC rating to 'BB-'
23/08/2011
Standard & Poor's recently revised its methodology and assumptions for rating sovereign governments. Consequently, we are lowering the local currency long-term rating on Vietnam
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Experts say Vietnam should learn a lesson from public debt crisis
22/08/2011
The public debt crisis in the US or Europe should be seen as the “bad examples” to Vietnam, and that Vietnam needs to try to soon settle the sovereign debts, experts say.
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BUSINESS IN BRIEF 18/8
18/08/2011
Ford, Toyota unveil promotionsFord and Toyota have announced a promotion through August, offering discounts and free insurance and free diesel.Ford Vietnam is offering discounts of 5 to 9 percent on the Mondeo 2.3 AT and Fiesta 1.4L MT.For the Everest, it is offering a discount of US$1500 and car loans at only 0.99 percent a month for the first six
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VN pledges to contribute to ASEAN Economic Community
16/08/2011
ASEAN
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Fitch says economic outlook stable for Vietnam
15/08/2011
Fitch Ratings says the outlook for Vietnam’s economy is stable but warns unresolved problems in the relatively large and weak banking system are a source of risk.
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NA passes tax incentives
08/08/2011
The National Assembly yesterday passed a resolution which will offer numerous tax incentives to individuals and businesses. According to the resolution, from now until December
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Ministry urges State to keep close watch on commercial agents
05/08/2011
The activities of commercial agents have greatly expanded without any State controls, creating price fluctuations and damage to consumers."Commercial agents play a very important role in providing services and businesses for the market, but State management hasn't caught up with this development," said Truong Quang Hoai Nam, Director of the Ministry of Industry and Trade's
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Power development strategy break and electricity shortage inevitable
03/08/2011
In order to develop power plants, Vietnam needs to have huge capital, while it is seriously lacking capital. Meanwhile, the current low electricity prices cannot attract foreign investors. Therefore, failing to fulfill the development strategy proves to be unavoidable.
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Vietnam raises coal export tax to 20 percent
03/08/2011
The
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Local firms keep attached to offshore investments
01/08/2011
Despite credit tightening and challenges on the home and global markets, several Vietnamese companies have still managed to maintain work on their ongoing projects abroad.
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Inflation keeps rates high
29/07/2011
Many enterprises have struggled with accessing bank loans due to high lending rates, which banks say they will only be able to cut when inflation drops.
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