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  • Shopping centers expanding but business is not guaranteed

    Shopping centers expanding but business is not guaranteed

    25/04/2011 05:00

    It is estimated that by 2013, HCMC will have about 740,000 square meters of retail space at shopping centers, double the current space, due to property developers going full steam ahead with new shopping center projects. Experts said that even though shopping centers have...

  • Local firms seek alternative investment abroad

    25/04/2011 05:00

    As sources of investment in Vietnam are shrinking, companies such as cooking producer Kinh Do Joint Stock Company are starting to enter foreign stock exchanges indirectly to find investors. Tran Le Nguyen, President of Kinh Do Joint Stock (KDC), said if there wasn’t...

  • Zero interest proposed for corporate dollar deposits 

    25/04/2011 05:00

    Vietnam has capped dollar deposit rates at 3 percent for individuals and 1 percent for institutions In another effort to curb dollar hoarding and increase foreign currency circulation in Vietnam, the central...

  • Vietnam plans fund to promote tra fish exports 

    25/04/2011 05:00

    Vietnam is the world's largest tra fish (pangasius) supplier The Ministry of Agriculture and Rural Development has proposed creating a new fund to promote and support Vietnamese tra fish exports. Under the plan, tra fish...

  • More time needed to implement new power price policy: officials 

    24/04/2011 05:00

    Vietnam raised the average electricity price by more than 15 percent at the beginning of March Despite a new regulation allowing electricity prices to be changed based on market conditions in June, officials say more time is needed before they...

  • Dollar falls on strong sales to banks 

    24/04/2011 05:00

    Economists said the recent decline in the dollar was a positive signal Many companies and individuals have sold their foreign currency to banks, causing the dollar to fall sharply against the dong over the past week, bankers said. Truong...

  • Indian firms laud HCMC reforms, hope for better support 

    24/04/2011 05:00

    Lai Tuan Vuong, Deputy Director of the Investment Registration Department of the Department of Planning and Investment of Ho Chi Minh City, speaks at the seminar Indian businessmen are sanguine about the business environment in Ho Chi...

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