Viet Nam listed in world's top 10 remittance recipients

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VietNam News English 4 day(s) ago 2 related news

Viet Nam listed in world's top 10 remittance recipients

Viet Nam is listed among the top 10 remittance recipients with US$11 billion in 2013 and it is likely to stay robust this year.

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Good practices earn firms low-cost loans

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VietNam News English 4 day(s) ago 1 related news

Companies with transparent finances, profitability and potential projects may avail of dong loans at 6 – 7 per cent interest, the State Bank of Viet Nam's (SBV's) weekly revealed on Monday.

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Selling pressure drags down stocks

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VietNam News English 4 day(s) ago 2 related news

Rising pessimism drove shares down on both the stock exchanges yesterday, with local investors rushing to sell off shares amid fears of further decline, as bargain prices attracted foreign buyers.

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SOEs stakes may be sold at discount rates

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VietNam News English 4 day(s) ago 1 related news

A draft regulation about allowing State-owned enterprises (SOEs) to sell stakes in non-core businesses at below the face value would be presented to the Prime Minister for approval.

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Vietnam caught in middle-income trap – Japan expert

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SaigonTimes English 4 day(s) ago 1 related news

HANOI - Japanese expert Kenichi Ohno on April 15 reiterated his view that Vietnam has been caught in a middle-income trap though other specialists have objected to his statement recently.

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Vietnam world’s ninth biggest recipient of remittances

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SaigonTimes English 4 day(s) ago 2 related news

Vietnam world’s ninth biggest recipient of remittances

HCMC - Vietnam came in ninth among the countries that received the most remittances last year, according to a migration and development brief recently announced by the World Bank (WB).

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HCMC has new deputy Party secretary

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SaigonTimes English 4 day(s) ago

HCMC has new deputy Party secretary

HCMC - To Huy Rua, member of the Politburo and head of the Party Central Committee’s Personnel Commission, on April 15 announced the Politburo’s decision to pick Vo Van Thuong as deputy secretary of the HCMC Party Committee in the 2010-2015 term replacing Nguyen Van Dua, who retired on April 1.

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Vietnam wins 800,000-ton rice export contract

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SaigonTimes English 4 day(s) ago 1 related news

Vietnam wins 800,000-ton rice export contract

HCMC - Vietnam has won an international tender to export 800,000 tons of rice to the Philippines, said Nguyen Hung Linh, chairman of the Vietnam Food Association (VFA).

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Auto sales bounce back strongly

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SaigonTimes English 4 day(s) ago

Auto sales bounce back strongly

HCMC - Domestic auto sales picked up strongly in March after a decline in the previous month due to the week-long traditional Lunar New Year holiday, or Tet, prompting the Vietnam Automobile Manufacturers’ Association (VAMA) to revise up its forecast for auto sales this year.

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Toyota Vietnam recalls Hilux pickups

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SaigonTimes English 4 day(s) ago

HCMC - Toyota Motor Vietnam has added the imported Hilux pickup trucks to a recall campaign it launched last week to fix the airbag-related fault related to 42,772 Innova and Fortuner cars.

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RMIT plans new facility in Hanoi

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SaigonTimes English 4 day(s) ago

RMIT plans new facility in Hanoi

HCMC - RMIT International University Vietnam is seeking a location in Hanoi to build a new campus as part of its strategy to expand in Vietnam and attract more students.

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Malaysia seeks to attract Western commodity traders as new hub

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Báo Tuổi Trẻ English 4 day(s) ago

Malaysia seeks to attract Western commodity traders as new hub

LONDON - A number of Western commodity companies are setting up new trading desks in Malaysia as the southeast Asian country introduces incentives in a bid to attract business away from the main regional trading hub Singapore.

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Bitcoin exchange MtGox in administration, bankruptcy eyed

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Báo Tuổi Trẻ English 4 day(s) ago

Bitcoin exchange MtGox in administration, bankruptcy eyed

A Japanese court Wednesday placed failed Bitcoin exchange MtGox in administration, with an order for bankruptcy expected to be issued soon, its administrator and chief executive said.

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Boosting market economic development to help Vietnam avoid middle income trap

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Báo Thanh Niên English 4 day(s) ago 1 related news

Boosting market economic development to help Vietnam avoid middle income trap

People walking pass blocks of apartments for the low income in Hanoi. Photo by Ngoc Thang

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Car producers, importers split over special consumption tax

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Báo Thanh Niên English 4 day(s) ago

Car producers, importers split over special consumption tax

Imported cars on display at an exhibition. Photo courtesy of Thoi bao Kinh te Saigon Online

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