Business

November CPI rises 0.47 percent
24/11/2012 03:08
After skyrocketing to 2.2 percent in September, the country’s CPI went down to just 0.85 percent in October and 0.47 percent in November. The November figure represents an increase of 7.08 percent on the same period last year, and 9.43 percent since the beginning of 2012. The...
E-commerce – effective way to overcome crisis
23/11/2012 01:34
Deputy Head of the Import-Export Department Tran Thanh Hai says trade liberalisation can remove tariff barriers and create tax incentives for export businesses to penetrate new markets within the framework of trade agreements signed between Vietnam and other ASEAN countries. The Ministry of...
East Asia financiers to meet in Hanoi
21/11/2012 07:12
Vu Viet Ngoan, Chairman of the National Financial Supervisory Committee (NFSC), announced the plan at a press briefing in Hanoi on November 20. He said financial stability and safety is an essential condition for enabling regional economies to grow steadily and stably. The conference will...
VietJetAir and Vietnam Tourism Association promote domestic travel industry
21/11/2012 02:03
VietJetAir has agreed to offer Vietnam-based tour agencies low-fare air tickets with favorable conditions, meanwhile VITA and associated travel agencies will offer discounts on accommodation, meals and transportation costs. This will allow tourists to enjoy major discounts on tours...
VN luxury sedan imports unfazed by economic woe
20/11/2012 02:48
Figures from the authorized importers of luxury sedan megabrands Rolls Roye and Maybach show that 80 vehicles of the two models have arrived in the country. “As of mid-November, as many as 20 luxury cars are being used in Vietnam,” said Michael Behrens, CEO of the Mercedes...
Vietnam’s Petrolimex still losses heavily despite huge market share: auditors
13/11/2012 02:21
State auditors have asked Vietnam’s top fuel importer and distributor Petrolimex to review its financial management after the company made losses last year and continued to lose its market share. Petrolimex, with huge assets worth more than VND57.7 trillion, struggled to maintain its...
Japan car sales in China plunge 59.4% in October
09/11/2012 02:14
Just 98,900 Japanese-brand vehicles were sold in the world's largest auto market last month, the China Association of Automobile Manufacturers said in a statement. A bitter dispute flared in mid-September after Tokyo nationalised an East China Sea island chain also claimed by Beijing,...