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  • Tightened monetary policies bring hardships to banks and securities investors

    Tightened monetary policies bring hardships to banks and securities investors

    07/03/2011 05:00

    Though earlier this year the government conveyed a message that it will tighten monetary policies to curb inflation, commercial banks were still shocked when they were told to implement tightened policies. Interest rates forced down On March 3 the...

  • Vietnam cuts import tax on sugar 

    07/03/2011 05:00

    Vietnam will cut import tarriffs on sugar to 15 percent The Finance Ministry will cut import duties on sugar to 15 percent, in April, in order to ensure sufficient supply for the local market. The current tariff on refined sugar...

  • Inspectors slam banks for stimulus abuse 

    07/03/2011 05:00

    A branch of Vietnam International Bank Five partially-private lenders committed numerous violations in implementing the government’s interest rate subsidy plan during the economic downturn. State inspectors charged that Vietnam...

  • Ignoring inactive information, “big fish” still making big investment deals

    Ignoring inactive information, “big fish” still making big investment deals

    06/03/2011 05:00

    Despite the falling VN Index and decreasing stock prices, a lot of stake trade deals have still been made on the OTC market. Stock buyers are the ones who put high expectations on Vietnam’s stock market. In late January 2011, Halico, an alcoholic beverage...

  • Eagle eyes to weigh up public investment projects

    06/03/2011 05:00

    On March 8, 2011, 11 workgroups under the Ministry of Planning and Investment (MPI) will check public investment projects, particularly to revise activities on cutting down ineffective investments to rein in inflation and ensure macroeconomic stability MPI Permanent...

  • U.S. earth-observation satellite crashes into Pacific Ocean

    05/03/2011 05:00

    NASA’s earth-observation satellite Glory apparently fell into the Pacific Ocean after a failed launch, a NASA official said early Friday. “All indications are that the satellite and rocket are in the southern Pacific Ocean somewhere,” NASA launch director Omar Baez...

  • Bankers balk at interest rate reductions

    24/05/2010 05:00

    LookAtVietnam – The Government has instructed the State Bank of Vietnam (SBV) to take actions to force deposit interest rates down The Government has instructed the State Bank of Vietnam (SBV) to take actions to force deposit interest rates down to 10 percent and...

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