Mega-markets to wage mega-battle

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Báo Đầu Tư English 20 minute(s) ago

Mega-markets to wage mega-battle

A joint venture between Vietnam’s Saigon Co.op and Singapore’s NTUC Fair Price inaugurated its first mega-supermarket in Ho Chi Minh’s Thu Duc district last week. Nguyen Thi Hanh, general director of Saigon Co.op spoke with VIR’s Nguyen Chung about the strategy of blending wholesale and retail to compete in Vietnam’s growing consumer economy.

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Vietnam parliament wants to beautify ugly economy with gov't spending cuts

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Báo Thanh Niên English 5 day(s) ago

Vietnam parliament wants to beautify ugly economy with gov't spending cuts

Banks have received more depositors than borrowers, which officials call a serious sign of economic downturn. Photo courtesy of Tuoi Tre

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Greek PM in China touts country as European 'gateway'

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Báo Đầu Tư English 2 day(s) ago

Greek PM in China touts country as European 'gateway'

Greek Prime Minister Antonis Samaras on Friday touted his troubled but improving economy as an attractive entry point for Chinese investment into the European Union.

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Nutrition industry grows well: Nielsen

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SaigonTimes English 3 day(s) ago

HCMC - Despite the continued slowdown in the economy, Vietnam’s nutrition industry saw a robust growth in the last 12 months, and local consumers still rate health as a major concern, only behind the economy and job security, according to findings from Nielsen’s Health and Nutrition Forum in HCMC on Thursday.

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Change for the gloomier

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SaigonTimes English 3 day(s) ago

Warnings of the worsening economic situation of late have been repeated more than once by observers, experts, and economists, and have largely been played down by authorities who claim the recovery is on track with macroeconomic indicators pointing to stability. Strangely though, now comes the change of attitude.

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Finding a sustainable path for Vietnam-China trade

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VietnamNet English 3 day(s) ago

VietNamNet tries to find the causes and identify the hidden nature of complex interactions with many factors of the imbalance trade relationship between Vietnam and China.

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Vietnam turning Chinese refuse tip?

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VietnamNet English 3 day(s) ago

Vietnam turning Chinese refuse tip?

VietNamNet Bridge – Chinese toxic products have been flooding the Vietnamese market for the last many years. However, the problem has become more serious, more alarming, because they are undermining the national economy and harming Vietnamese people.

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Two urgent tasks to rescue economy

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SaigonTimes English 4 day(s) ago

HANOI – Two urgent tasks were given in the report on socioeconomic performance in January-April delivered at the 18th meeting of the Standing Committee of the National Assembly (NA) on Tuesday in a bid to prop up the economy.

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Vietnam’s banks to sell bad debt to asset management company

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Báo Thanh Niên English 4 day(s) ago

Vietnam’s banks to sell bad debt to asset management company

Vietnam will force banks to sell bad debt to a soon-to-be established asset management company, according to State Bank of Vietnam Chief Inspector Nguyen Huu Nghia, as the government steps up efforts to revive the economy.

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National Assembly worries of worsening economy

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VietnamNet English 4 day(s) ago

National Assembly worries of worsening economy

VietNamNet Bridge - This year’s economic growth is very difficult with clearer indicators on the decline, while policy efforts and outcomes are not enough to turn the situation, according to the National Assembly (NA) Economic Committee's report.

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Japan economy grows again, points to recovery

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VietnamNet English 4 day(s) ago

Japan economy grows again, points to recovery

Japan said on Thursday that its economy grew again in the quarter to March, pointing to a recovery as Tokyo and its hand-picked central bank team set about stoking the world's third-largest economy.

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IMF releases first bailout funds for Cyprus

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VietNam News English 4 day(s) ago

The International Monetary Fund has approved a US$1.33 billion (1.0 billion euro) bailout loan for Cyprus and released the first $110.7 million to the Cypriot government.

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Euro sinks on poor eurozone growth data

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Báo Đầu Tư English 4 day(s) ago

Euro sinks on poor eurozone growth data

A fresh report showing a shrinking eurozone economy contributed to a downward slide of the euro on Wednesday.

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Gov’t proposes top economic solutions

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Báo điện tử CP English 6 day(s) ago 5 related news

Gov’t proposes top economic solutions

VGP – The Government on May 14 put forth two groups of urgent solutions to resolve difficulties for the domestic economy though raising total demand and purchasing power and accelerating commodity consumption.

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Vietnam lends $400 million to improve economy, education

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SaiGon GP English 5 day(s) ago

Vietnam lends $400 million to improve economy, education

At the signing ceremony (Photo: Courtesy of WB)
The State Bank of Vietnam and the World Bank on May 14 signed three credit agreements of $400 million for higher productivity and competitiveness, the implementation of the Higher Education Reform Agenda.

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