The Business Times: Apr 4: Vietnam gold eases to VND35.41Mln/Tael

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• Apr 4: Vietnam gold eases to VND35.41Mln/Tael
• 2 additional foreign airlines allowed to operate in Vietnam
• VND70 Tln real estate credit package to be launched by Central Bank
• Vietnam’s retail sales up 10.2% in Q1
• Realty firm wants clear guidance for social housing projects
• Release funds faster: developers
• CPI decline has pros and cons
• Conditions ripe for sharemarket growth
• Supermarkets hit pay dirt with own brands
• Policies fish for fresh cash sources

Apr 4: Vietnam gold eases to VND35.41Mln/Tael Posted: 03 Apr 2014 10:54 PM PDT This morning, Vietnam gold eased but in a lower pace versus the world gold decline, inching down by VND10,000/tael versus yesterday close to VND35.41 million/tael. As of 09:19 am today, Hanoi time, SJC Hochiminh was traded at VND35.36 million/tael for bid and VND35.41million/tael for ask, respectively. SJC in the North quoted at VND35.36 million/tael for […] The post Apr 4: Vietnam gold eases to VND35.41Mln/Tael appeared first on Vietnam Business News.

2 additional foreign airlines allowed to operate in Vietnam Posted: 03 Apr 2014 10:48 PM PDT In the first quarter of this year, the Ministry of Transport (MoT) and Civil Aviation Authority of Vietnam (CAAV) granted business certificates allowing 2 foreign airlines to fly to Vietnam, laodong.com.vn reported. In the period, CAAV also allowed Vietnam Airlines to operate in one more international route; Vietjet Air to fly on 3 additional international […] The post 2 additional foreign airlines allowed to operate in Vietnam appeared first on Vietnam Business News.

VND70 Tln real estate credit package to be launched by Central Bank Posted: 03 Apr 2014 09:13 PM PDT According to the State Bank of Vietnam (SBV), in the coming time, the central bank will deploy a credit product linking 4 players in the construction sector, local newswire Infornet reported. This is one of 5 monetary tools that the central bank will be used to support credit growth and capital flows in the economy […] The post VND70 Tln real estate credit package to be launched by Central Bank appeared first on Vietnam Business News.

Vietnam’s retail sales up 10.2% in Q1 Posted: 03 Apr 2014 09:13 PM PDT Vietnam’s retail sales of commodities and consumption service rose up 10.2 percent year-on- year to hit VND701.4 trillion (33.24 billion U.S. dollars) in the first quarter of 2014, said Vietnam’s General Statistics Office (GSO) on Wednesday. Vietnam”s retail sales of commodities and consumption service rose up 10.2 percent year-on- year to hit 701.4 trillion Vietnamese […] The post Vietnam’s retail sales up 10.2% in Q1 appeared first on Vietnam Business News.

Realty firm wants clear guidance for social housing projects Posted: 03 Apr 2014 09:11 PM PDT Local real estate developer Hoang Quan has listed a lack of guiding documents as one of the hindrances to investment and sales in social housing projects…. The concern was raised by Truong Anh Tuan, chief executive officer of the HCMC-based corporation at a meeting on Monday with deputies of the National Assembly and representatives of […] The post Realty firm wants clear guidance for social housing projects appeared first on Vietnam Business News.

Release funds faster: developers Posted: 03 Apr 2014 09:10 PM PDT Property developers called for quick disbursement of the Government’s VND30 trillion (US$1.43 billion) stimulus package so that home buyers can pay in time at a meeting with Minister of Construction Trinh Dinh Dung in HCM City on Monday. “The disbursements of loans [to home buyers] from the VND30 trillion package has been tardy,” Truong Anh […] The post Release funds faster: developers appeared first on Vietnam Business News.

CPI decline has pros and cons Posted: 03 Apr 2014 08:42 PM PDT The country’s consumer price index (CPI) in March dropped 0.44 per cent against the previous month, the lowest level recorded during the past decade. Cao Sy Kiem, the former Governor of State Bank of Viet Nam tells Viet Nam News about the issue. Could you clarify the reasons for the sharp decrease of the country’s […] The post CPI decline has pros and cons appeared first on Vietnam Business News.

Conditions ripe for sharemarket growth Posted: 03 Apr 2014 08:37 PM PDT There are positive factors to support the growth of the stock market, including the absence of crisis risks and an improving economy, an economist has said. Nguyen Xuan Thanh, director of the Fulbright Economics Teaching Program in HCM City, told a seminar on post-crisis investment opportunities on Wednesday that inflation was at a low rate […] The post Conditions ripe for sharemarket growth appeared first on Vietnam Business News.

Supermarkets hit pay dirt with own brands Posted: 03 Apr 2014 08:36 PM PDT Whenever she shops at a supermarket, Pham Thu Phuong of District 7, HCM City, goes straight to shelves stocking the supermarket’s own products. Here, she buys stuff like soaps, shampoos, beverages, and noodles. She has had the habit of buying supermarkets’ own brands for nearly a year now after being tipped off by a friend […] The post Supermarkets hit pay dirt with own brands appeared first on Vietnam Business News.

Policies fish for fresh cash sources Posted: 03 Apr 2014 08:35 PM PDT The state will renew policies related to domestic and foreign investment in the local fishery industry because of inefficiency in attracting investment to the industry at present. This was stated by officials of the Ministry of Agriculture and Rural Development (MARD). According to the MARD, by the end of 2013, Viet Nam had 70 foreign […] The post Policies fish for fresh cash sources appeared first on Vietnam Business News.

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