Interest rate and exchange rate in the view of the Governor

VietNamNet Bridge - Governor of the State Bank Nguyen Giau shares his thoughts about what was done and will be done by the ‘powerful’ bank.

Toyota Vietnam chooses to ignore accelerator issues

VietNamNet Bridge – Vietnamese drivers are increasingly concerned that while Toyota has announced a global car recall their actions will bypass Vietnam.

Biggest gold outfit imports 4 tons to keep prices in check

SJC, Vietnam’s largest gold trader, is in the process of importing nearly four tons of gold to stabilize the local market. 

Viet Kieu home for Tet with investment on their minds

VietNamNet Bridge - Tan Son Nhat Airport is full of returning Vietnamese as the “Viet Kieu” return to celebrate Tet.

BUSINESS IN BRIEF 9/2

Irrigation expanded in Red River delta; Domestic powder milk production rises by 41.2 percent; La Xuyen Industrial Complex to be built in Nam Dinh

Food prices jump as Tet draws near

VietNamNet Bridge – Just a few days before Tet, food prices are starting to rocket.

Jan auto sales increase 76%

VietNamNet BridgeSales of locally assembled automobiles in Vietnam in the first month of the year picked up 76% year-on-year to over 6,960 units.

Overseas Vietnamese surprised at high-priced HCM City land

Many overseas Vietnamese want to buy a house in their hometown, but the prices for land and housing in HCM City are higher than in Australia, the US, Canada or France.

Black market for small bills soars

Demand for new and small bills has risen precipitously before Tet, and many are willing to exchange at an extremely high rate in the black markets . . .

Suing the USA at WTO: “We considered this step very carefully”

VietNamNet Bridge – Government agencies moved energetically to prepare the nation’s first formal complaint to the World Trade Organization, and are hopeful of success.

Read on>>
Jewellery firm supports gold
Banks to back rice production
HCM City fund invests in real estate developers
Vietcombank refused charter lift
Stock market expected to reach 700 points in 2010
Vietnam builds int’l brand for cashew products
Electronics retailers report disappointing holiday sales
Mining giant vows healthy competition in coal supplies
Scooter market turns active ahead of Tet
Tien Giang festival to promote fruit