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Bank deposit interest rates surge
21/05/2011 05:00The deposit interest rate at some commercial banks has significantly exceeded the State Bank of Viet Nam’s cap and has hit 19 per cent per year. While banks are officially quoting the same 14 per cent interest rate for dong deposits, credit officials have been...
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Inflation ‘a chance to restructure enterprises”
21/05/2011 05:00Economic experts and company directors discussed the development of the domestic economy, the impacts of Government policies and plans for the next six months at a seminar held by the Viet Nam Association of Corporate Directors. Attendants agreed that soaring prices had...
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Prices stay high after dollar decline
21/05/2011 05:00Customers shop for household appliances in downtown Hanoi. Prices of many imported products, including phones, milk and confectionery, have not been cut despite a decline in the dollar. Although dollar values have fallen sharply recently, most...
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Exchange rate fears dent trading confidence
21/05/2011 05:00Vietnamese traders are slightly less confident in their business prospects for the next six months than they were toward the end of last year, according to the latest HSBC survey. They attribute the dip in confidence to...
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Ministry asserts control over property market
20/05/2011 05:00VietNamNet Bridge - The Construction Ministry has submitted a series of proposals to Prime Minister Nguyen Tan Dung that aim to achieve better control over the domestic real estate market and promote healthy practices. One of the proposals is that the Prime...
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Imitation gold flooding market, causing headaches to consumers
20/05/2011 05:00VietNamNet Bridge – Vietnamese people startled at the information that imitation gold has appeared on the market. The serious problem is that the imitation gold cannot be discovered with modern machines. A...
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HCM City to spend VND4 trillion for climate change
20/05/2011 05:00From 2011 to 2015, HCM City will implement 30 projects to cope with climate change, focusing on natural resource, waste, energy and land management. The total funding for these projects is around VND4 trillion ($200 million), according to the HCM City Steering...
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