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  • Vietnamese enterprises now trying to make mobile phones

    Vietnamese enterprises now trying to make mobile phones

    22/03/2011 05:00

    Following the unexpected success story of ABTel with its Q-Mobile brand, many other enterprises have jumped on the bandwagon and are trying to develop Vietnamese mobile phones. From mobile phone distributors to brand developers In recent years,...

  • BUSINESS IN BRIEF 22/3

    21/03/2011 05:00

    ANZ Bank receives Asian Banker’s Best House Lending Award The ANZ Vietnam has lately been named the Best House Lending Award by The Asian Banker Magazine, thanks to the bank’s sharp growth rate in the segment with a variety of products and services to their customers....

  • Raising compulsory reserve ratio proposed to restrict foreign currency loans

    Raising compulsory reserve ratio proposed to restrict foreign currency loans

    21/03/2011 05:00

    Experts have mooted an increase in the compulsory reserve ratio on foreign currency deposits, believing that the solution would help ease the foreign currency speculation and dollarization, thus making the finance market healthier. Under the current...

  • Exporters to US face tough year ahead

    Exporters to US face tough year ahead

    21/03/2011 05:00

    Trade barriers, rising production costs and competition from China will make this year a challenging one for Vietnamese exporters to the US market, a senior official said on Friday. Nguyen Duy Khien, head of the American Department under the Ministry of Industry...

  • Petrovietnam plans to shut refinery for checks this month 

    20/03/2011 05:00

    Dung Quat oil refinery in the central province of Quang Ngai Vietnam Oil & Gas Group, the state-owned oil producer known as PetroVietnam, plans to shut the nation’s first refinery for inspection this month, according to an official at the...

  • Interest rates still too high for businesses

    20/03/2011 05:00

    Many businesses still find borrowing at commercial banks too costly even though the State Bank of Vietnam is encouraging banks to lend. Nguyen Thi Lan, owner of a rice-mill in Phu Tan District in the southern province of An Giang, said she planned to borrow VND3 billion...

  • Hanoi’s CPI increases by 2.41 percent in March

    Hanoi’s CPI increases by 2.41 percent in March

    20/03/2011 05:00

    Hanoi’s March consumer price index (CPI) increased by 2.41 percent over last month and 13.56 percent compared to the same period last year, according to the Hanoi Statistics Office (HSO). This is the sharpest augmentation of Hanoi’s...

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