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  • Rising Chinese prices put local producers at advantage

    07/05/2011 05:00

    China’s yuan rise and inflation have made a number of products more expensive than those of local firms on the home market, but that will have little impact on Vietnam’s hefty trade deficit with its northern neighbor. According to a network sponsored by the China...

  • Farmers unable to benefit from rice price hike

    Farmers unable to benefit from rice price hike

    07/05/2011 05:00

    Prices of un-husked rice and polished rice have surged sharply in the Mekong Delta but farmers have failed to benefit from the price hike as they are currently out of stock of un-husked rice. Only traders are enjoying the present price hike as they have stockpiles...

  • High inflation slows growth

    07/05/2011 05:00

    Viet Nam’s economic growth will slow to 6.2 per cent this year, with high inflation a key challenge for the country, according to the UN’s 2011 Economic and Social Survey of Asia and the Pacific. The report, which was released in Ha Noi yesterday, was published by...

  • Vinalines makes big plans for stalled port project 

    07/05/2011 05:00

    Vietnam’s top shipping firm Vinalines says it wants to expand a key international container port even though its construction has been indefinitely delayed since last year. Construction of the Van Phong Port in the central...

  • Saudi Airlines Cargo receives approval to fly to Vietnam 

    07/05/2011 05:00

    Saudi Airlines Cargo will be the second Middle East carrier flying to Vietnam The Civil Aviation Administration of Vietnam has allowed cargo carrier Saudi Airlines Cargo to launch flights to the country on May 16. Saudi...

  • Smartphones gain toehold in domestic market

    Smartphones gain toehold in domestic market

    06/05/2011 05:00

    Smartphones, which offer advanced computing ability and conductivity, have been developed continually over nearly two decades but they have only sold well on domestically since last year. The main reason for the delay was that it took a long time for the price to...

  • Asia behind Latin America on boosting consumption, ADB says 

    06/05/2011 05:00

    Asian Development Bank (ADB) President Haruhiko Kuroda speaks at the opening ceremony of the 44th annual meeting of ADB in Hanoi May 5, 2011. Asian Development Bank President Haruhiko Kuroda said developing Asia is behind Latin America in...

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