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  • Banking experts urge to “declare death” to small banks

    24/04/2011 05:00

    There are too many small banks operatiing in Vietnam and it is necessary to dissolve 30 percent of the banks, experts say. No one can judge that a country has too many or too few commercial banks, if just considering the number of banks in the country. The...

  • Material shortage causes headache to cashew nut exporters

    Material shortage causes headache to cashew nut exporters

    24/04/2011 05:00

    There are two big problems that cashew exporters are facing: lacking capital and lacking materials, which may make the target of exporting 1.4 billion dollar worth of products in 2011 unreachable. Low output anticipated It is now the peak cashew...

  • Investment priority sectors named

    23/04/2011 05:00

    HCM City plans to give investment priority to nine major service groups, four industrial groups and the agricultural sector during the 2011-15 period. Speaking at a seminar held on Wednesday by the European Chamber of Commerce in Viet Nam (EuroCham), Lu Thanh Phong,...

  • Office rents slide as supply climbs 

    23/04/2011 05:00

    Prime office spaces struggle to attract tenants in HCMC Visitors look at models of residential and office towers at a real estate exhibition in Ho Chi Minh City. A surplus of office spaces has...

  • Tax breaks could provide stock investors some cheer 

    23/04/2011 05:00

    A plan to cut the 5 percent tax rate on dividends will boost investor sentiment amid volatile stock market conditions, experts say. In a meeting with business representatives in Ho Chi Minh City early this month, Deputy...

  • Beverages head list of top TV commercials

    22/04/2011 05:00

    Six of the top 10 commercials out of more than 200 TV commercials are in the beverage industry, according to a survey released yesterday by research firm Cimigo. Brands with the top TV commercials in this category are Vinamilk, Pepsi and Dutch Lady. The top three,...

  • Finance Ministry may impose tax on vacant houses 

    22/04/2011 05:00

    Incomplete mansions left idle in Hanoi The Ministry of Finance is planning to impose an annual tax on owners of uninhabited mansions to discourage real estate speculators and curb wasteful use of land. According to a report on the...

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