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  • Big guns launch new mobile services, small operators speed up investments

    20/03/2011 05:00

    VietNamNet Bridge – Lowering charges to attract more clients is not the way telecom service providers are operating this year. Instead, mobile network operators have launched a lot of new service packages that target specific groups of clients. Meanwhile, small...

  • BUSINESS IN BRIEF 20/3

    19/03/2011 05:00

    Forex rates eat into car sales Unfavourable foreign exchange rates in February have taken a toll on the sales of imported automobiles. Total sales by members of the Viet Nam Automobile Manufacturers Association (VAMA) reached just 7,889 units in February, a decrease of...

  • eBay invests in Vietnamese company 

    19/03/2011 05:00

    E-commerce giant eBay has acquired a 20 percent stake in Hanoi-based Peacesoft Solutions, aiming to link Vietnam to its worldwide online marketplace. News website VnExpress cited Peacesoft General Director Nguyen Hoa Binh...

  • Interest rates set for mid-year fall 

    19/03/2011 05:00

    Interest rates are likely to fall in June, a government advisor says Interest rates are likely to fall in June as the government is tightening control over the ceiling rate and taking strong measures to combat dollarization, a government...

  • Central bank’s reassurance prompts people to rush to buy bullion gold

    Central bank’s reassurance prompts people to rush to buy bullion gold

    18/03/2011 05:00

    After the State Bank of Vietnam, in an effort to stabilize the gold market, reassured people that bullion gold remains a legal investment channel, people have rushed back to gold shops to purchase bar gold. Several days ago, rumors that the government will prohibit...

  • Bankers fear new policies will make profits low in 2011

    Bankers fear new policies will make profits low in 2011

    17/03/2011 05:00

    Bank management boards have been told by shareholders to strive to obtain high profits in 2011. But, bankers say this is an impossible mission. 2010 was a difficult year The pre-tax profit of Dong A in 2010 was 858 billion...

  • PM confirms intention to end unofficial gold trade 

    17/03/2011 05:00

    A woman leaves a local gold shop in Hanoi Prime Minister Nguyen Tan Dung reaffirmed that the government will seek to eliminate the unofficial trade of gold bullion and tighten controls over foreign currency transactions. Illegal US...

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