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Petrol prices rise for second time this year
29/03/2011 05:00Retail petrol prices rose by VND2, 000 per litre on March 29, with A92 petrol increasing to VND21, 300 per litre. The price increase took effect as of 10 pm yesterday, along with a hike in the prices of diesel, oil and mazut, making this the second hike in...
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FDI disbursements hit peak
29/03/2011 05:00Disbursement of foreign direct investment in March reached US$1.39 billion, the highest level since the beginning of the year, according to the Foreign Investment Agency (FIA) of the Ministry of Planning and Investment. The latest amount brought disbursements during the...
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NA’s deputy: gold, dollar trade tightening will only affect speculators
29/03/2011 05:00VietNamNet Bridge – Dr Nguyen Duc Kien, Member of the Economics Committee of the National Assembly, believes that the government and the State Bank are following the right track when deciding to tighten the gold and dollar trade....
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Markets yawn at inflation news
28/03/2011 05:00Stock values last week moved within a narrow band on the nation’s stock exchange, with indices losing value on both national exchanges compared to the previous week. On the HCM City Stock Exchange, the VN-Index declined by 0.72 per cent over the course of five sessions...
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Medicine prices soar on cheaper dong, higher costs
28/03/2011 05:00Retail prices of drugs, both local and imported, have risen by up to 22 percent in HCM City, with producers and importers blaming it on the dong’s depreciation and higher input costs. A medical representative working for Zuellig Pharma told Tuoi Tre that the...
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Purchasing power low forces retail premises rent down
28/03/2011 05:00VietNamNet Bridge – The retail premises market has cooled down since the end of 2010. Leasers now have to offer low rent to retailers because of the decreasing demand. A report released in late 2010 by CBRE in HCM City showed that the percentage of...
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Economist: “I hope the inflation scenario will be different this year”
28/03/2011 05:00With the a 2.17 percent increase in the consumer price index (CPI) in March, the CPI increase in the first quarter of the year has reached 6.12 percent, coming closer to the threshold of seven percent in inflation rate set for the whole year 2011. Deputy Chair of the...
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