Several banks to be inspected on interbank loans

Date: 19/03/2010

State Bank (SBV) has announced its inspection of credit institutions which has capital mobilization rate on the interbank market is greater than 20% of the capital mobilized from the residental market.

Inflation control should begin with monopoly curbs: experts

Date: 18/03/2010

The government should not allow monopolies like Petrolimex to decide their retail prices because they can abuse their market position and raise prices irrationally, experts say.

Vietnam has great advantages in economic development

Date: 18/03/2010

That outlook is given on at the panel discussion entitled "Vietnam today" by the German Institute for Economic Research (DIW) in cooperation with ADB held in the capital Berlin in the afternoon March 17th.

State Financial Investment Company to be launched

Date: 18/03/2010

HCMC Chairman Le Hoang Quan has issued the decision of establishment of Hochiminh City State Financial Investment Company (HFIC). This is a Limited company has chartered capital of VND 5,000 billion, the State owns 100%, held on the basis of the conversion from the HCM City Investment Fund for Urban...

Grant Thornton: 72% of Vietnam business owners stress because of cash

Date: 18/03/2010

72% of private business leaders in Vietnam stress with increasing levels over the years due to pressure of work, including problems with cash flow to supply business, according to the latest business report (IBR) by Grant Thornton International Corporation announced on March 17th.

Steel firms adjust prices, with a total increase of about 600000 VND per ton

Date: 17/03/2010

On March 16th, the Vietnam Steel Association (VSA) said, early in March to now, the steel business was twice the price adjustment, the total increase of about 600000 VND per ton, the Vietnam Steel - Italy (VIS) increased by 400000 VND per ton; Hoa Phat Steel each time increased from 200000-300000 VND...

Sacombank to set up wholly-owned banks in Laos and Cambodia

Date: 17/03/2010

HCMC – Shareholders of Saigon Thuong Tin Commercial Bank (Sacombank) in the general meeting on Monday approved the upgrade of the bank’s branches in Laos and Cambodia to wholly-owned banks.

This morning, gold prices increased 140,000 VND per tael

Date: 17/03/2010

(SGGPO) .- This morning, Mrach 17th, gold price is up 140,000 VND per tale compared with the price closing way through.

Banks’ interest set a new peak

Date: 17/03/2010

Nearly a month afer application of agreed mechanism with the medium and long term loans, the interest rate at banks is high, some is 18-20% a year.

Seafood exported to the U.S. market: 4 companies enjoy the tax rate of 0%

Date: 15/03/2010

(SGGP).- Vietnam Association of Processing and exporting aquatic products (VASEP) said, U.S. Department of Commerce (DOC) has announced the final results of the first administrative review anti-dumping duty for fillets, frozen Vietnam Pangasius in the period from August 1st 2007 to July 31st 2008.

Gold prices soared again last night

Date: 15/03/2010

Gold in the early morning hours of March 15th in Asia is growing quite strongly again after a week off catastrophic.

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