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Vietnam’s inflation quickens for second month on food

Vietnamese inflation accelerated for a second month, driven by higher food prices amid faster economic expansion.
 

Time to shift the Van Phong port project to high gear

Van Phong port

A great deal of praise has been heaped on Van Phong Bay, but after many false starts, it is still a rough diamond awaiting craftsmen with the talent to cut it. Once again, the hunt is on for foreign i [ … ]

   

Vietnam expects 20-percent decline in remittances on crisis

Overseas remittances to Vietnam may drop as much as 20 percent this year after the global economic crisis reduced the incomes of Vietnamese living and working abroad, the central bank said.
   

House committee wants loan subsidies to end as planned

The Vietnamese government’s interest rate subsidy program should end this year as planned to prevent an imbalance of payments, said the National Assembly Finance and Budget Committee.

   

Local fashion firms fear mid-tier foreign brands

Though experiencing an annual two-digit growth rate for years, some of Vietnam’s longstanding fashion companies fear that more mid-tier foreign fashion brands will enter the market after the [ … ]

   

Shopping mall business falls, but oversupply may not be the cause

Despite great efforts to attract customers, shopping malls in large cities continue to have problems attracting many customers.

   

Vietnam, EU conclude last FTA talk round

Vietnam and the European Union (EU) concluded the 11th and the last round of free trade agreement negotiations in Brussels, the capital of Belgium, on January 23 after five days of sitting. [ … ]

   

EVN, electricity prices and income per capita

The electricity price in the country is scheduled to increase by 9.5 percent after Tet (February 2015) to VND1,652.19 per kwh, leaving questions about whether the price is appropriate. &nbsp [ … ]

   

Coffee exporters seek robust presence in RoK

 On November 15, Ngo Xuan Ty, an official of the Vietnam Embassy in the Republic of Korea (RoK), headed up a contingent of coffee exporters attending the kick-off of the annual World Co [ … ]

   

Tax on income from bank savings proposed

The latest proposal to tax an individual’s income from the interest accrued from the savings deposited in banks has become a bone of contention between the parties concerned.

   

Gold prices rise significantly before Tết

The gold prices of two Vietnamese gold bars on Monday significant increased from VNĐ70,000 (US$3.07) to VNĐ110,000 per tael, in line with the global trend.

   

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