Vietnam Business News |
- SJC chief makes case for getting gold into order
- Central bank sends signal about exchange rate policy in 2013
- ASEAN trade important to VN
- EU optimistic about business prospect in Vietnam
- Vietnam: Active ASEAN member
- In troubled times, banks find reason for slight optimism
- Quang Ninh closes coal mines
- Japanese firms support Dong Nai
- HCM City looks to lure more tourists
- City to build more flyovers to ease traffic jams
| SJC chief makes case for getting gold into order Posted: 07 Mar 2013 11:19 PM PST Le Hung Dung, chairman of Saigon Jewelry Ltd Co (SJC), predicted an immediate decline in gold prices when the State Bank on February 26 signed an exclusive gold bar processing contract with SJC. Sure enough, the SJC gold price dropped to $2,076 per tael from $2,162 within a week, while the gap between the high domestic price [...] |
| Central bank sends signal about exchange rate policy in 2013 Posted: 07 Mar 2013 11:13 PM PST The dollar price quoted by commercial banks and the price in the black market bounced back earlier this week. However, after that, the dollar price has decreased again. The State Bank has sent noticeable signal about the dong/dollar exchange rate. On March 5 morning, commercial banks all raised their quoted dollar prices. It was for [...] |
| Posted: 07 Mar 2013 11:12 PM PST Viet Nam's trade relationship with the ASEAN is growing in importance, according to Louis Taylor, CEO of the Standard Chartered Bank in Viet Nam, Laos and Cambodia. "This year will be better for the domestic economy although conditions remain challenging," he told a press conference held in Ha Noi yesterday. "Exports are likely to be [...] |
| EU optimistic about business prospect in Vietnam Posted: 07 Mar 2013 11:09 PM PST Results of the 10th quarterly EuroCham Business Climate Index survey released on March 7 showed that business confidence and outlook among European businesses in Vietnam is improving slightly. This quarter the level has risen from the recent record low of 45 to 48 points. However, the Index remains below the half-line and EuroCham members that participated [...] |
| Posted: 07 Mar 2013 11:03 PM PST Prime Minister Nguyen Tan Dung has affirmed that Vietnam will continue to be an active and responsible member of ASEAN, especially during the development of the ASEAN Economic Community. On March 7, he met economic ministers from the association's member countries and its Secretary General Le Luong Minh, who are in Hanoi for the 19 [...] |
| In troubled times, banks find reason for slight optimism Posted: 07 Mar 2013 05:36 PM PST HANOI – At least 90 per cent of local banks believe that inflation will stay in the single-digits this year, according to a survey conducted by the State Bank of Vieät Nam (SBV). Nearly 70 per cent of banks predicted that the mobilised and lending interest rates for the Vietnamese ñoàng would go down by [...] |
| Posted: 07 Mar 2013 05:35 PM PST Authorities in the northern province of Quang Ninh will close 20 coal mining projects by 2015 and another 28 in the 2016-20 period, all in the three basins of Uong Bi, Hon Gai and Cam Pha. The announcement was made at a conference in Ha Long City on Tuesday jointly held by the provincial People's [...] |
| Japanese firms support Dong Nai Posted: 07 Mar 2013 05:32 PM PST HA NOI — The Dong Nai provincial People's Committee and the Kansai Bureau of Economy, Trade and Industry (KBETI) of Japan on Wednesday discussed future co-operation in support industries. The two sides during their meeting shared unanimity to create favourable conditions for support businesses from the Kansai region to invest in the southern province. Dong [...] |
| HCM City looks to lure more tourists Posted: 07 Mar 2013 05:30 PM PST HCM CITY — The HCM City Tourism Association has unveiled a domestic tourism stimulation programme, hoping a successful year for inbound tourism. Speaking at a meeting held on Wednesday to review the association's performance last year and set tasks for this year, Nguyen Thi Khanh, its deputy chairwoman, said: "Many inbound tour prices were discounted [...] |
| City to build more flyovers to ease traffic jams Posted: 07 Mar 2013 05:28 PM PST Ho Chi Minh City People’s Committee has directed the Department of Transport to research the technical plan to build a steel overpass at Cay Go intersections, ensuring the quality and progress of works. The other flyover will be located at the Cay Go roundabout in District 11. It will be in a "Y" shape, the [...] |
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