Banks raise deposit rates but only short-term

Many commercial banks raised deposit interest rates in recent months, triggering worries about the increasing pressure on the lending rates. But some insist this was only a short-term measure.

Vietbuild Home expo begins in HCMC

Vietbuild Home, the annual exhibition on real estate, interior and exterior decoration and household appliances, opened on Wednesday in HCM City with many new products and brands on show.

VN must develop parts-supplying industry

The Vietnamese Government will issue a resolution on solutions for promoting the development of part-supplying industry, heard a conference held by the Government Office in Hà Nội on Wednesday.

Weak demand fails to spur market

Weak buying demand on Wednesday fail to rescue market from falling while the recover of the world stock markets on Tuesday could not helped the indices rally, neither.

Hà Nội prepares goods for Tết

Price of goods for the coming lunar new year (Tết) is expected to be stable as the prices of petrol and pork have declined in the recent time.

Mobifone’s acquisition of AVG officially terminated

Việt Nam Mobile Telecom Services Corporation (Mobifone) and multimedia company Audio Visual Global (AVG) signed an agreement on Tuesday to officially terminate the acquisition deal between the two companies.

Strategy needed to promote local trade

Việt Nam lacks an overall strategy to promote the sustainable development of domestic trade in the context of deep international integration, heard a conference held in Hà Nội on Tuesday.

VN remains reliant on machinery and equipment from China

As Việt Nam heavily imported machinery and equipment from China, experts worried that Việt Nam might become a landfill of outdated technologies, urging measures to tighten the import of second-hand machinery and equipment.

Shares fall on world stocks sinking

Shares continued to fall on Tuesday due to the uneasy global market and the worries among investors about the US Fed’s imminent interest rate hike decision.

HCM City works to further improve investment environment

HCM City has always taken on board suggestions from foreign businesses, including Japanese, for improving its investment environment and living conditions and adopting appropriate policies to enable foreign investors to operate here, according to its People’s Committee.

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