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  • Vietnam H1 trade gap to jump 19 pct: report 

    02/06/2011 05:00

    Vietnam’s trade deficit in the first six months of this year could rise an estimated 19 percent from the same period in 2010 to $7.5 billion, exceeding the government target, a local newspaper reported. The gap is...

  • MOF attempts to raise export tariffs on some steel products

    02/06/2011 05:00

    Believing that the steel industry now can get benefits from the low electricity prices, the Ministry of Finance (MOF) is attempting to “create a fairness” by imposing tax. Most steel furnaces using backward technologies According to the Ministry...

  • Ignoring advices, State Bank not intend to loosen monetary policies

    Ignoring advices, State Bank not intend to loosen monetary policies

    01/06/2011 05:00

    There has been no sign of showing that the State Bank is considering loosening the monetary policies now, five months after applying the tightened monetary policies. The State Bank’s head office The State Bank...

  • Hanoi to spend $125 million to beautify its face

    Hanoi to spend $125 million to beautify its face

    01/06/2011 05:00

    In the next five years, Hanoi will bury electric wires and telecom cables on many streets, beautify the area around the Hoan Kiem Lake, repair flower gardens and install 120 public toilets at the cost of over VND2.5 trillion ($125 million)....

  • Vietnam lifts dollar reserve ratio to damp prices, steady dong 

    01/06/2011 05:00

    Vietnam’s central bank ordered lenders to set aside more dollars as reserves for the second time in less than two months, escalating the nation’s fight to steady the dong and quell the highest inflation in Asia. The...

  • Shares now cheaper than vegetables

    Shares now cheaper than vegetables

    01/06/2011 05:00

    Shares of ceramic tile maker Vitaly are changing hands at around VND2,000 on the Hanoi Stock Exchange–the price of a bunch of water spinach in a rural market. These days, Vitaly is not a rare case. Dozens of Vietnamese stocks have plummeted well below the par...

  • Vietnamese village introduced at world baking competition

    Vietnamese village introduced at world baking competition

    31/05/2011 05:00

    Using wheat flour and salt, Vietnamese bakers made “My village” with bamboo, coconut trees and houses on stilts as their submission at the Louis Lesaffre Cup’s Asian selection round in Guangzhou, China. “My village” is the name of a baking artwork of...

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