Iron ore needed for local production
Iron ore needed for local production
The Viet Nam Steel Association (VSA) recently proposed that the export of iron ore be halted in order to ensure the adequacy of raw materials available for domestic production.
TrustBank approved to rename
TrustBank approved to rename
Dai Tin Commercial Joint Stock Bank (TrustBank) on Thursday received approval from the State Bank of Viet Nam (SBV) to change its name to Viet Nam Construction Joint Stock Commercial Bank (Viet Nam Construction Bank).
Gasoline import tax cut to 18%
Gasoline import tax cut to 18%
The Ministry of Finance on Thursday issued circular 70/2013/TT-BTC to adjust the gasoline import tax to 18 per cent from previous 19 per cent.
VN eyes trade balance with China
VN eyes trade balance with China
Domestic firms have been urged to boost exports to China to offset Viet Nam's huge trade deficit with the neighbouring country.
Petrol cuts help reduce CPI in May
Petrol cuts help reduce CPI in May
The consumer price index in May inched down by 0.06 per cent against the previous month, making it the second month this year to show a decline, said the General Statistics Office (GSO).
Malaysia Airlines offers package
Malaysia Airlines offers package
Malaysia Airlines is offering package tours for three days and two nights to travellers from Kuala Lumpur to HCM City at US$292 from now until August 31.
Suppliers attend food safety course
Suppliers attend food safety course
Thousands of customers and food suppliers are learning about food safety at a mobile demonstration facility set up at Metro Cash&Carry Viet Nam stores in HCM City.
Work begins on tourism complex
Work begins on tourism complex
Delta-Valley Binh Thuan Co Ltd has started work on the US$400 million Thung Lung Dai Duong (Ocean Valley) tourism complex in the south central province of Binh Thuan.
Property investor seeks partners
Property investor seeks partners
Pacific Property and Infrastructure Development Joint Stock Company (PPI) is calling for investment into its two property projects in HCM City's Thu Duc District.
Eximbank receives Asian awards
Eximbank receives Asian awards
The Asian Banker magazine has awarded its Best Managed Bank in Viet Nam title and Asian Banker Leadership Achievement Award to the Viet Nam Export Import Bank (Eximbank).
Government bond rates continue to fall
Government bond rates continue to fall
The yield on Government two-year bonds declined 33 points to reach a record low of 6.8 per cent on Tuesday, Ha Noi Stock Exchange announced. Yields on other bonds also had significant falls.

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Business Insight
Viet Nam to gain from trade flow shift
Viet Nam to gain from trade flow shift

Noel Quinn, HSBC Group General Manager and Regional Head of Commercial Banking Asia Pacific recently had a visit to Viet Nam, one of HSBC's important markets.

Banking - Finance
PM approves decree to set up VAMC
PM approves decree to set up VAMC

Prime Minister Nguyen Tan Dung yesterday approved a plan to set up the Vietnam Asset Management Company (VAMC) and a decree on its organisational structure and activities.

Markets
Stock market loses momentum

Shares declined for the first time this week, pulling the benchmark VN-Index down from a six-week high as investors sought quick profits on fears of a volatile market.

Hightlight

Disabled speaker inspires audience Disabled speaker inspires audience

More than 2,500 people attended a talk by Nick Vujicic, an inspirational speaker without arms and legs, at the White Palace Conference Centre in HCM City's Tan Binh District yesterday.

Crane accident leads to major power cut Crane accident leads to major power cut

A two-hour power failure caused by an incident on the 500kV north-south transmission line hindered road traffic in many southern provinces and HCM City yesterday afternoon.

Spread of hand-foot-mouth disease concerns hospitals Spread of hand-foot-mouth disease concerns hospitals

Hand-Foot-Mouth disease (HFMD) is now at its peak, having infected a total of 796 children in HCM City in April, an increase of 127 per cent against the same period last year.

US steel producers make dumping claim US steel producers make dumping claim

After welded steel pipes and steel wire garment hangers, now welded stainless pressure pipe from Viet Nam continue to face charges of dumping in the US.