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Big difficulties force businesses cut down production and labor force
15/05/2011 05:00VietNamNet Bridge – Planning the production and labor force cut is the thing that many enterprises now think about in order to overcome the current difficulties. All Vietnamese enterprises are facing big difficulties, when the input costs (material...
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Vietnam may disclose foreign reserves data in 2012: report
15/05/2011 05:00Vietnam’s foreign exchange reserves last year dropped 12 percent, ADB said Vietnam, which has kept the precise level of its foreign reserves undisclosed, may publicize the data regularly next year via its national statistics office,...
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Vietnam mulls ban on unfinished home sales
15/05/2011 05:00An incomplete mansion in Hanoi The Ministry of Construction has proposed a new rule that bans project developers to sell land and half-built houses to customers. Residential property developers must finish construction before being...
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Local ad firms caught in bloody price war
15/05/2011 05:00A bus stop advertisement in Ho Chi Minh City, which is home to half of Vietnam’s 5,000 advertising firms. Local ad agencies should stop undercutting each other and focus on improving the quality of their services so they can compete with...
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Interest, inflation weigh on shares
15/05/2011 05:00VietNamNet Bridge - Stocks lost value on meagre trading last week on the nation’s stock exchanges. On the HCM City Stock Exchange, the average volume of trades was approximately 20 million shares, about 85 per cent of the preceding week’s figure, and the...
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Sugar import quota to stay unchanged
15/05/2011 05:00The Ministry of Industry and Trade will permit sugar importers to fulfill import plans under a current import quota of 250,000 tonnes – despite calls by domestic sugar manufacturers to reduce the quota in light of a large domestic surplus they estimate to be as large as...
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Not to raise debt limit risky for U.S. economy: Bernanke
14/05/2011 05:00U.S. Federal Reserve Chairman Ben Bernanke warned Thursday that the U.S. financial system may be destabilized again if the Congress would not raise the government debt limit. “Using the debt limit as a bargaining...
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