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  • Vietnam to raise dollar reserve ratios, cap deposit rates 

    10/04/2011 05:00

    Vietnam’s central bank raised the amount of dollar deposits lenders must set aside as cash to curb the use of foreign currency in the nation and stabilize the dong. The reserve ratio on deposits held in the US currency will...

  • Economic woes deflate bond market

    Economic woes deflate bond market

    10/04/2011 05:00

    High inflation and bond yields lower than banks interest rates, as well as the decreasing value of the Vietnamese dong against the US dollar, have combined to derail recent Government bond issues, said Vietnam Bond Market Association vice chairman Trinh Hoai Giang....

  • Radiation rumor in Vietnam rejected

    Radiation rumor in Vietnam rejected

    08/04/2011 05:00

    Massive series of text messages and emails with false information about radiation in Vietnam have been diffused in Vietnam, causing worry among people. Nuclear experts have swiftly rejected the rumor. Many people have received messages via Yahoo Messengers or...

  • VCCI: High interest rates are an obsession for businesses

    VCCI: High interest rates are an obsession for businesses

    08/04/2011 05:00

    VietNamNet Bridge – Thirty three percent of businesses cannot afford the current long term lending interest rates of 12-13 percent and higher. One third of enterprises had their profits decrease in the first quarter of the year, a Vietnam Chamber...

  • Vietnam to raise minimum wage amid inflation concerns 

    08/04/2011 05:00

    A vendor carries pineapples on a bicycle in downtown Hanoi. Consumer prices rose 13.89 percent in March from a year earlier and are expected to continue increasing in the next few months. Vietnam will increase the minimum wage by 14 percent...

  • Seize illegal profits, ban stock fraudsters: experts 

    08/04/2011 05:00

    An investor watches market movements at a securities firm in Ho Chi Minh City. Investors have called for tougher measures to deal with share price manipulators. Investors and experts have applauded the State Securities Commission’s recent...

  • Philippines’ rice imports in 2011 remain a question

    Philippines’ rice imports in 2011 remain a question

    07/04/2011 05:00

    There are many signs showing that the changes in the Philippines’ rice import policy just aims to create a competition among rice exporters which will force prices down, according to Nguyen Dinh Bich, a well known trade expert in Vietnam....

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