Vietnam Business News
Vietnam Business News |
- Vietnam has reason to lower deposit rate cap on easing inflation
- Vietnam October cpi falls to 14 month low at 0.36%
- Vietnam gold slightly falls to vnd44mln/tael
- Vietnam central bank keeps dollar exchange rate at vnd20,748 for third day
- Vietnam ranking down in world bank business report
- Vietnam, Laos promote trade and energy ties
- Vietnam-China trade conference opens in Nanning
- Recalibrating economic model an urgent task
- FDI to take hit amid malaise
- GM rolls out stylish cars
| Vietnam has reason to lower deposit rate cap on easing inflation Posted: 23 Oct 2011 09:20 PM PDT Vietnam has good reason to mull over lowering deposit interest rate cap to 13% from the current level of 14% on slowing down CPI. Vietnam has good reason to mull over lowering deposit interest rate cap to 13% from the current level of 14% on slowing down CPI, Tran Hoang Ngan, member of the Monetary [...]
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| Vietnam October cpi falls to 14 month low at 0.36% Posted: 23 Oct 2011 09:18 PM PDT Vietnam consumer price index in October is estimated to have slowed down to 0.36% from September, the lowest level since July 2010, the General Statistics Office said on its website. This is the third consecutive month that CPI saw lower on-month increase. October increase led the figure to have risen by 17.05% from December, 21.59% [...]
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| Vietnam gold slightly falls to vnd44mln/tael Posted: 23 Oct 2011 09:16 PM PDT Vietnam gold prices slightly fell to VND44 million a tael this morning after inched up last Saturday to VND44.2 million/tael, dollar prices were stable after being settled to the highest rate in the history last Friday. SJC gold in the free market was traded at VND43.70 million and VND44.00 million/tael for bid and ask respectively [...]
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| Vietnam central bank keeps dollar exchange rate at vnd20,748 for third day Posted: 23 Oct 2011 09:15 PM PDT Vietnam’s central bank kept the exchange rate at VND20.748 a dollar for a third working day after weakening the dong for the lowest level in the history on Oct 21, 2011. Commercial banks are allowed to apply effective exchange rates +/-1% from the official exchange rate set by the central bank, accordingly, the ceiling price [...]
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| Vietnam ranking down in world bank business report Posted: 23 Oct 2011 09:15 PM PDT Vietnam’s position plunged eight notches to 98 in a freshly released International Finance Corporation (IFC) and World Bank report on the overall ease of doing business around the world despite its effort to protect investors. IFC, a member of the World Bank Group, explains in its Doing Business 2012: Doing Business in a More Transparent [...]
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| Vietnam, Laos promote trade and energy ties Posted: 23 Oct 2011 09:14 PM PDT Vietnamese Minister of Industry and Trade Vu Huy Hoang met and worked with Lao Mininter of Industry and Commerce, Nam Viyaketh, and Minister of Energy and Mining, Soulivong Daravong on October 22 . At the meeting, part of Mr Hoang's visit to Laos, both sides expressed their satisfaction with the outcome of Vietnam-Laos cooperation in trade [...]
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| Vietnam-China trade conference opens in Nanning Posted: 23 Oct 2011 09:14 PM PDT A Vietnam-China trade conference was held in Nanning city of China on October 23, as part of the ongoing 8th China-ASEAN Expo and the 8th China-ASEAN Business and Investment Summit. Co-organised by the CAEXPO-2011 Secretariat and the Trade Promotion Agency under the Vietnamese Ministry of Industry and Trade, the 8th Vietnam-China Trade Conference drew the [...]
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| Recalibrating economic model an urgent task Posted: 23 Oct 2011 09:13 PM PDT Overhauling Vietnam's economy will be a top priority during the next five years. The task was highlighted at the 13th National Assembly's second session, which opened last week in Hanoi and is expected to approve five laws, one resolution and make socio-economic development targets for 2012 and 2011-2015. The 46-day session will concentrate on economic [...]
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| Posted: 23 Oct 2011 09:13 PM PDT This means idle capital sources tend to be preserved instead of being invested into new production and business Vietnam should bank on lower foreign direct investment next year on the back of an ailing world economy. Minister of Planning and Investment (MPI) Bui Quang Vinh said the worldwide economic situation was expected to be tougher [...]
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| Posted: 23 Oct 2011 09:12 PM PDT GM Vietnam is set to grab a bigger slice of Vietnam's automobile market share with its recent launch of new mini Spark and Captiva SUV under its best selling Chevrolet brand. The launch came a month after General Motors rebranded its Vidamco unit as GM Vietnam and announced Chevrolet as its sole retail brand in [...]
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