• Desperate times 

    11/03/2011 05:00

    A man reads job notices on an electric pole in downtown Ho Chi Minh City. Vietnamese economists are calling on government officials to implement some sort of emergency relief as inflation and prices soar. As the government considers modifying...

  • Vietnam raises policy rates to fight inflation 

    11/03/2011 05:00

    The State Bank of Vietnam raised a main policy interest rate to 12 percent The State Bank of Vietnam raised a main policy interest rate to 12 percent, boosting borrowing costs for the third time in as many weeks as the government steps up its...

  • Computer wiz wins VND1 billion in Samsung Challenge

    Computer wiz wins VND1 billion in Samsung Challenge

    10/03/2011 05:00

    VietNamNet Bridge - Computer application writer Huynh Nguyen Huy Sinh won VND1 billion in the ‘Samsung Bada Developer Challenge,’ that was announced on Sunday. Sinh’s application ‘Quan va Ti Quay’ won the entertainment category. The billion dong prize...

  • Vietnam aims to eliminate slums in big cities by 2020

    10/03/2011 05:00

    The Ministry of Construction has introduced the housing strategy to 2020, which targets to remove slums in big cities by that year. Nguyen Trong Ninh, Vice chief of the Agency for Management of Housing and Estate Market, said at a workshop on March 8 that Vietnam...

  • Vietnam launches crackdown on dollar black market 

    10/03/2011 05:00

    A recent crackdown has brought the unofficial foreign exchange market in Hanoi to a standstill The State Bank of Vietnam Governor Nguyen Van Giau announced that foreign exchange rates on the unofficial currency market will drop in coming days...

  • Vietnam stops issuing gold trading and production licenses 

    10/03/2011 05:00

    Vietnam is halting the issue of licenses for gold bullion trading and production Vietnam is halting the issue of licenses for gold bullion trading and production, the central bank said on its website, without giving a timeframe. The...

  • Overpowering dollar free market isn’t so difficult

    Overpowering dollar free market isn’t so difficult

    09/03/2011 05:00

    VietNamNet Bridge – The dollar free market has been stagnant for the last several days since management agencies have been applying drastic measures to control the market.  Contrary to previous thoughts, it turns out that it is not so difficult to control the free...

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