Vietnam Business News

---

• Vietnam rice price could reach $500/tons
• Nov 4: Vietnam gold hits VND34Mln threshold, Dollar up to VND21,000
• Vietnam inflation to be 10.5% next year: UK Bank
• The doors to low cost houses remain half-open
• Listed banks may face bad-debt limits
• Steel exports double in 10 months
• Viettel bets on future 3G success
• Da Nang in price-cutting promotion
• More than 200 foreign firms to attend big electronics expo
• Global latex demand keeps expanding

Vietnam rice price could reach $500/tons Posted: 03 Nov 2010 08:43 PM PDT The benchmark price of Vietnamese rice is likely to be stable between $380 and $500 a ton next year barring unforeseen natural disasters or poor weather, one of the country’s top 10 exporters said on Wednesday. The benchmark price of Vietnamese rice is likely to be stable between $380 and $500 a ton next year barring [...]

Nov 4: Vietnam gold hits VND34Mln threshold, Dollar up to VND21,000 Posted: 03 Nov 2010 08:34 PM PDT Vietnam gold on November 4 morning touched a new lifetime high of VND34million/tael, up VND220,000/tael from yesterday close, while the greenback sets a new peak of VND21,000 the on the black market. Vietnam gold on November 4 morning touched a new lifetime high of VND34million/tael, up VND220,000/tael from yesterday close, while the greenback sets a new [...]

Vietnam inflation to be 10.5% next year: UK Bank Posted: 03 Nov 2010 08:33 PM PDT Vietnam's inflation rate will be 10.5% in 2011 Edward Lee, Standard Chartered Bank's head of FX strategic research department in Asia, has forecast. But the country will be the third fastest growing economy in Asia, with growth topping 7.2%, behind China and India. Along with Indonesia and India, Vietnam will also be one of only three countries [...]

The doors to low cost houses remain half-open Posted: 03 Nov 2010 08:25 PM PDT At the presentations of low- and medium cost apartments (12-17 million dong per square metre) the majority of those who attend are private clients looking for accommodation. This is quite different from the past , when the most buyers were representatives from real estate trading floors and secondary investors. Apartments become more affordable Recently, real estate developers [...]

Listed banks may face bad-debt limits Posted: 03 Nov 2010 08:25 PM PDT Credit institutions with bad debts of more than 3 per cent will not be allowed to list on the stock exchanges, according to a draft circular of the State Bank of Viet Nam (SBV). The circular covers joint stock commercial banks, joint stock financial ventures and joint stock leasing companies. The draft sets out criteria credit institutions [...]

Steel exports double in 10 months Posted: 03 Nov 2010 08:24 PM PDT Viet Nam exported about 1.5 million tonnes of steel during the first 10 months of the year, which is almost twice as much steel that was exported during the same period last year, reported the Ministry of Industry and Trade. Steel manufacturers increased their production capacity and upped investments this year. Manufacturers invested in upgrading their infrastructure [...]

Viettel bets on future 3G success Posted: 03 Nov 2010 08:24 PM PDT Viet Nam’s leading mobile phone service providers are now offering 3G technology, and each it has its own strategies for competing in the sector. Viet Nam News reporter Mai Huong spoke to Duong Van Tinh, deputy director of the military-run telecom Viettel, about the development of 3G. Some say 3G is only a marketing gimmick to [...]

Da Nang in price-cutting promotion Posted: 03 Nov 2010 08:23 PM PDT Visitors to the central city of Da Nang this month will be able to take advantage of discounts ranging from 5-50 per cent on consumer goods and services. “This is the first promotional month we have held here. We hope to attract visitors to Da Nang in the low season,” said Ngo Quang Vinh, director of [...]

More than 200 foreign firms to attend big electronics expo Posted: 03 Nov 2010 08:22 PM PDT More than 200 foreign businesses from 15 countries and territories worldwide will flock to the 2010 Viet Nam Telecom/Electronics Internet & IT exhibition, scheduled to be held in HCM City from November 17-20. The large number of foreign businesses to be represented at the largest-scaled and the most prestigious IT display in Viet Nam shows the [...]

Global latex demand keeps expanding Posted: 03 Nov 2010 08:22 PM PDT Global demand for natural rubber was likely to grow in the next decade, driven by economic recovery and growth, reaching 12.4 million tonnes by 2015 and 14.2 million tonnes by 2020, an expert said yesterday. Stephen Evans, general secretary of the International Rubber Study Group, told the first international exhibition and conference on “The future of [...]

You are subscribed to email updates from Vietnam Business News To stop receiving these emails, you may unsubscribe now.	Email delivery powered by Google
Google Inc., 20 West Kinzie, Chicago IL USA 60610