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  • Required modern trade methods make rice exporters hesitant to penetrate hard markets

    09/05/2011 05:00

    VietNamNet Bridge – Difficult-to-be-pleased markets such as South Korea, Japan and Hong Kong have been seeking to purchase Vietnam’s rice. However, in order to penetrate the markets, Vietnamese enterprises have to join electronic bids (e-bidding) and make...

  • Eximbank launches free gold storage service 

    08/05/2011 05:00

    Vietnam has ordered commercial banks to stop lending gold Ho Chi Minh City-based Eximbank has launched a free service to keep gold holdings for clients as interest rates on deposits of the precious metal continue to fall. Eximbank said...

  • Cheaper dollar making imports cheaper

    Cheaper dollar making imports cheaper

    08/05/2011 05:00

    VietNamNet Bridge – The dollar price on the black market has dropped by 2000 dong per dollar in comparison with February, while the dollar price quoted by commercial bank has decreased by 1000 dong. The cheaper dollar has been paving the way for more imports to...

  • Black market for US dollar on the wane

    08/05/2011 05:00

    The US dollar exchange rate in banks has risen higher than in the free market, prompting people and enterprises to trade with banks rather than the black market. Since the Government crackdown on the dollar black market in March, its exchange rate has dropped sharply...

  • Inflation could increase over 2 per cent in May

    08/05/2011 05:00

    The Consumer Price Index was likely to continue to rise over the next few months but at a slower rate, said General Statistics Office deputy general director Tran Thi Hang yesterday. He was speaking in an online discussion entitled “Inflation 2011: Review and...

  • New rule set to clip Vietnam telecom giant’s wings 

    08/05/2011 05:00

    Fishermen sail near a MobiFone sign on a lake in Hanoi. Like Vinaphone, MobiFone is a lucrative mobile phone operator owned by VNPT. A new regulation aiming to make the local tele-communication market more competitive will require state group...

  • Vietnam’s e-commerce set to boom by 2015

    Vietnam’s e-commerce set to boom by 2015

    07/05/2011 05:00

    VietNamNet Bridge - Vietnam’s e-commerce is set to be booming in the next four years thanks to the surging number of Internet users. “The e-commerce popularity of Vietnam will reach the advance level compared to other ASEAN countries’ in 2015 in accordance...

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