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  • Vietnam finance ministry to review steel export tariff proposal 

    13/06/2011 05:00

    Vietnam is expected to have a steel surplus of around 3 million tons in 2011 The government has asked the Ministry of Finance to review a proposed 3 percent export tax on steel products following objections raised by an industry group....

  • Vietnam can benefit from Australian resilience: report 

    12/06/2011 05:00

    Austrade Chief Economist Tim Harcourt (R) talks with Australian Consul General Graeme Swift during the launch of the Financial Services Benchmark Report in Ho Chi Minh City on June 10, 2011 The Australian economy in general and its financial...

  • Vietnam central bank buys $1.2 bln for reserves 

    12/06/2011 05:00

    The central bank has recently introduced a series of new rules to support the local currency A stabilized currency market has allowed the State Bank of Vietnam to buy 1.2 billion US dollars in May for its foreign exchange reserves. A...

  • Service sector dominates Vietnamese economy: World Bank 

    12/06/2011 05:00

    Ana Mandara, a foreign-invested resort in Hue city Vietnam’s service sector has emerged as the largest sector in the economy and the biggest contributor to the overall growth rate, the World Bank says in a new report released last week....

  • Mobile phone subscriptions fall drastically 

    11/06/2011 05:00

    Vietnam’s mobile phone subscriptions dropped by 45.3 million to 112.3 million in May, according to the General Statistics Office. The figure represents a record 28.8 percent decline since March, despite the fact that 4.4...

  • Consumers left out of price law proposal 

    11/06/2011 05:00

    A woman with children shops at a supermarket in Hanoi. Experts have criticized a new draft law on prices, saying it does not mention anything about consumer rights. The proposed law on prices as currently written has raised concerns among...

  • Exporters feel the pinch of high interest rate

    Exporters feel the pinch of high interest rate

    11/06/2011 05:00

    Tightening monetary policies including high interest rate to curb inflation have strongly impacted the country’s export as May export growth was a mere 0.8%, said the Ministry of Industry and Trade in its regular online meeting on Monday. May export revenue totaled...

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