Wednesday, December 7 2016

VietNamNews

Gas prices expected to fall next week

Update: April, 15/2015 - 10:33
Local gas companies said the domestic retail gas price is expected to fall by VND10,000 to VND290,000 per 12kg early next month if global prices remain unchanged. The world gas price is $430 per tonne, a decrease of $35 per tonne compared to the price earlier this month.

Domestic retail price has fluctuated, from VND33,000 per tank in January to an increase of VND5,000 per tank in February and an increase of VND4,500 per tank in March. It fell by VND4,500 per tank in early April.

Gas companies said sales had not risen considerably this year despite lower prices.

Nguoi Lao Dong (Labourer)

City electronics firms plan big promotions

For the coming summer season, HCM City electronic appliance centres plan to launch many promotional programmes to attract consumers.

Tran Tan Hoang Hau, business director of Thien Hoa Home Appliances and Furniture centre, it had already signed contracts with suppliers to stabilise prices, and would offer many promotions. Air-conditioners will be installed at a promotional cost of VND500,000 each while electric fans will be discounted by 10-50 per cent.

Nguyen Thi Xuan Thoi, director of electronics and appliances section at dienmay.com, said market growth was forecast to increase by 15-30 per cent in April and May when HCM City enters the hot season.

Tin Tuc (News)

More than 85.9 million ATM cards issued

By January this year, more than 85.9 million ATM card had been issued by banks in the country, an increase of 30 per cent compared to the end of 2013.

Of the number, 63.5 million cards have been used, Bui Quang Tien, head of State Bank of Viet Nam's Payment Department, said at an annual conference organised by Viet Nam Bank Card Association recently in Hoi An.

Transactions via cards last year increased by 13 per cent in number and 16 per cent in value compared to 2013.

As of January, there were 16,000 ATM machines and over 187,000 Points of Sale, an increase of 6 per cent and 44 per cent respectively compared to the end of 2013. The transactions are mainly for goods and service payments.

Thoi Bao Kinh Te Viet Nam (Viet Nam Economic Times)

PM okays more funds, rice for drought-hit Ninh Thuan

Prime Minister Nguyen Tan Dung has agreed to provide an additional VND132 billion (US$6.2 million) and 2,000 tonnes of rice to Ninh Thuan Province, which has experienced a prolonged drought. The PM is working with the provincial government on its 2011-2015 socioeconomic development plan.

Provincial chairman Luu Xuan Vinh said the drought had taken its toll on the province. Water volumes in 20 irrigation reservoirs have dropped to only 20 million cu.m, or around 10 per cent of their holding capacities, and more than 10,000 ha of the summer-autumn crop would be affected.

Sai Gon Times Daily

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