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  • Banks to stop gold deposits to curtail risks

    Banks to stop gold deposits to curtail risks

    03/05/2011 05:00

    The State Bank of Vietnam (SBV) is considering a deadline to stop gold deposit and lending activities in an effort to prevent risks and insecurity for the domestic market, six months after taking measures to restrict gold trading activities. A regulation to this...

  • Hotel developers ask for investment incentives

    03/05/2011 05:00

    The Vietnam National Administration of Tourism (VNAT) is going to lodge a proposal to the government, asking for investment incentives for the enterprises that develop hotels and tourism accommodations. Do Thi Hong Xoan, Chair of the Hotel Association,...

  • Dealers hoard petrol as price hike nears

    Dealers hoard petrol as price hike nears

    03/05/2011 05:00

    VietNamNet Bridge - Expectations of an impending price hike prompted petrol stations in several Cuu Long (Mekong) Delta localities to close down and/or rationed fuel sales during the just concluded Liberation Day and May Day holiday. These actions caused many...

  • US dollar becoming less favorable, dong on the rise

    03/05/2011 05:00

    VietNamNet Bridge – The dollar index has decreased its lowest point since 2008 in comparison with other foreign hard currencies. This is now for the first time in Vietnam within the last 10 years. The dollar price has been decreasing day after day against the dong....

  • Russia’s LUKOIL makes foray into Vietnam 

    03/05/2011 05:00

    Russia’s No.2 crude producer, LUKOIL, signed an agreement to join a project offshore Vietnam, LUKOIL said on Friday. LUKOIL has been actively acquiring foreign upstream assets, banking on overseas’ oil production...

  • BUSINESS IN BRIEF 3/5

    02/05/2011 05:00

    Vietnamese projects get thumbs up in Cambodia The Cambodian government will grant licences to five projects invested by Vietnamese investors with total investment capital of $1 billion. The commitment was made via seven memorandum of understandings signed between...

  • Vietnam hopes FTAs will bring more opportunities to expand export markets

    02/05/2011 05:00

    If Vietnamese enterprises have thorough preparations, they can take full advantage of the opportunities to be brought by free trade agreements (FTA) between Vietnam and other countries in the world. Vietnam...

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