Vietnam Business News
Vietnam Business News |
- Gold traders say not expectant of bullion trade this year
- Power source with capacity of over 2,000 MW to be launched soon
- Real estate market in 2011 to depend much on government policies: Experts
- Vietnam scales down public investment reform loans
- Ministry says securities rules to change for the better
- Cement market shows sign of a tense competition
- Blackouts to hit nation as crisis looms
- Q-Mobile sets ambitious 2011 target
- Card payment system yet to become popular in Vietnam
- Local gold-trading firms set cautious profit targets for gold bars
Gold traders say not expectant of bullion trade this year Posted: 10 Feb 2011 08:07 AM PST All local gold traders said they were not expectant of the bullion trade this year although the trade of gold bars brought about high profits in 2010. Traders said they did not target high profits from the bullion trade this year due to the unpredictability of global gold prices and the local policy towards this precious [...] |
Power source with capacity of over 2,000 MW to be launched soon Posted: 10 Feb 2011 08:04 AM PST |
Real estate market in 2011 to depend much on government policies: Experts Posted: 10 Feb 2011 08:04 AM PST Real estate market in 2010 witnessed various local and temporary ups and downs and management policies failed to catch up with market fluctuations. In 2011, experts forecast that the property market would entirely depend on the government’s policies applied to curb price increases and seek capital sources for the market. According to Prof Dr Dang Hung [...] |
Vietnam scales down public investment reform loans Posted: 10 Feb 2011 08:03 AM PST Deputy Prime Minister Nguyen Sinh Hung on January 28 agreed to adjust down the size of the loan for a public investment reform project funded by the World Bank to $350million and 35million euro from previous estimation of $500millon. Deputy Prime Minister Nguyen Sinh Hung on January 28 agreed to adjust down the size of the [...] |
Ministry says securities rules to change for the better Posted: 10 Feb 2011 08:02 AM PST The Ministry of Finance has plans to change all securities decrees and circulars to create a better system of legal documents for the local stock market in the coming time in hopes of attracting more foreign funds The Ministry of Finance has plans to change all securities decrees and circulars to create a better system of [...] |
Cement market shows sign of a tense competition Posted: 10 Feb 2011 08:02 AM PST Cement market in Vietnam is in for a tense competition. In the context when cement has showed signs of excess, to survive and grow, cement producers should take cautious steps to adapt and overcome those critical challenges. According to Ministry of Construction, cement production of the entire industry in 2010 reached 50.85 million tonnes, about two million [...] |
Blackouts to hit nation as crisis looms Posted: 10 Feb 2011 08:02 AM PST Power cuts will start on February 15 across Vietnam in a bid to cope with the country’s electricity crisis, the Ministry of Industry and Trade said. “Electricity of Vietnam (EVN) would start reducing power supplies from February 15 but would leave it to provincial electricity regulators to decide where and when to cut the power,” said [...] |
Q-Mobile sets ambitious 2011 target Posted: 10 Feb 2011 08:02 AM PST Local mobile phone maker ABTel has said it plans to overtake Nokia and achieve local market domination this year, the Vietnam News Agency reports. Nokia, the world’s biggest cellphone maker, now leads the Vietnamese market with a share of between between 48 and 52 percent. ABTel’s brand Q-Mobile accounts for 20 percent, compared to 14 percent [...] |
Card payment system yet to become popular in Vietnam Posted: 10 Feb 2011 08:02 AM PST According to the State Bank of Vietnam estimates the number of cards issued in the country reached about 28.5 million, over 11,000 ATMs and nearly 50,000 card acceptance device (POS) were installed in late 2010. Although there was no official data on transaction statistics of individual customers through ATM and POS, according to commercial banks, most [...] |
Local gold-trading firms set cautious profit targets for gold bars Posted: 10 Feb 2011 08:02 AM PST Local gold-trading firms set quite modest targets of profits for gold bars in 2011 due to volatility of global gold prices and unexpected domestic policies on gold. Signals of recovery have been lately seen in the U.S. and global economies, which may cause gold traders to switch to some investment channels other than gold, said Nguyen [...] |
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