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  • Auto industry likely to shy away from local bid

    29/05/2011 05:00

    Experts warned it was impractical for a developing country like Vietnam to dream of locally produced automobiles while deliberating an industry master plan for 2020 and a vision for 2030. At a recent workshop on this issue, many executives from the auto industry...

  • Slumping stock market offers long-term investments

    29/05/2011 05:00

    VietNamNet Bridge - The slumping stock market with plunging share prices has encouraged big shareholders including members of the board of directors to buy more stakes in their firm strongly. An electrical board showing share prices on both HCMC and...

  • Las Vegas firm invests in Vietnam luxury resort 

    27/05/2011 05:00

    A model of the Ho Tram Strip Asian Coast Development Ltd., currently developing Vietnam’s first large-scale integrated resort, has entered an agreement to receive a US$95 million investment from Las Vegas-based Pinnacle Entertainment....

  • Vietnam central bank says no plan to cap lending rates 

    27/05/2011 05:00

    The State Bank of Vietnam is trying to keep credit growth at below 20 percent this year. Vietnam’s central bank does not have any plan to cap lending rates as it is not a feasible move, Governor Nguyen Van Giau told the press on Thursday....

  • Vietnam bonds gain on speculation banks stepping up purchases 

    27/05/2011 05:00

    Vietnam’s government bonds advanced Thursday on speculation banks are buying more dong-denominated debt after credit restrictions and interest-rate increases reduced commercial lending. The dong gained. The Southeast Asian...

  • Vietnamese broker investigated for stock manipulation 

    27/05/2011 05:00

    Investors at the Sacombank Securities Company in Ho Chi Minh City. One of the firm's brokers, Le Minh Truyen, is being investigated for his involvement in a stock manipulation scam last year. Vietnam’s central police have started...

  • Trade deficit continues to rise

    26/05/2011 05:00

    VietNamNet Bridge - The trade deficit increased to US$6.6 billion in the first five months this year compared to $5.4 billion in the same period of last year due to higher import value, according to the General Statistics Office (GSO). The deficit occurred due to...

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