Vietnam's stock hits 9-yr high as focus returns to banks

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Báo Tuổi Trẻ English 4 day(s) ago

Vietnam shares hit their highest since Feb 2008 on Wednesday, led by gains in financials, while most other Southeast Asian markets rose ahead of key U.S. economic data that could influence Federal Reserve's rate hike decision.

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Wholesale markets seek city approval to raise management fees

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Báo Đầu Tư English 5 day(s) ago

The management companies of Binh Dien, Thu Duc and Hoc Mon wholesale markets have asked HCM City authorities to adjust their “very outdated” management fees as they have had to compensate for losses.

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France calls on Germany to hike investment spending

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Báo Đầu Tư English 7 day(s) ago

BERLIN: French Economy Minister Michel Sapin has dismissed a US attack on Germany's trade surplus but urged Europe's biggest economy to boost its spending on investment.

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Environmental protection tax hike hurts firms

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Báo Đầu Tư English 1 week(s) ago 1 related news

The Finance Ministry (MoF)’s proposal to almost triple the environmental protection tax on oil and gas consumption would reduce businesses’ competitiveness against foreign firms, according to the Viet Nam Chamber of Commerce and Industry (VCCI).

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Ministry collecting opinions about environmental tax hike on gasoline

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SaiGon GP English 1 week(s) ago 1 related news

The Ministry of Finance is asking ministries, provinces and cities, businesses and citizens’ opinions about its controversial proposal to increase the environmental protection tax frame on gasoline to VND3,000-8,000 a liter.

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Operator likely to end tours to caves near Son Doong over fee hike

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Báo Tuổi Trẻ English 2 week(s) ago

A famed operator of expeditions to caves nestled in a UNESCO-recognized national park may stop offering tours to two grottos over a recent fee hike.

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CPI surges slightly in January

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Báo điện tử CP English 2 week(s) ago 4 related news

VGP – The consumer price index (CPI) saw a slight month-on-month surge of 0.46%, according to the General Statistics Office (GSO).

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Fed's Yellen says 'nonpartisan' central bank close to goals

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Báo Đầu Tư English 1 month(s) ago

WASHINGTON: The US central bank is close to achieving its inflation and employment goals, but any policy moves will depend on how the economy evolves, Federal Reserve Chair Janet Yellen said on Wednesday (Jan 18).

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Ministry proposes tax hike on petroleum

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Báo Dân Trí English 1 month(s) ago

The Ministry of Finance has proposed, in a draft law, to almost triple the environmental protection tax on oil and gas consumption from the current VNĐ3,000 (US$0.13) to VNĐ8,000 per litre.

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Vietnam car vendors offer promotions to hike sales ahead of Lunar New Year

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Báo Tuổi Trẻ English 1 month(s) ago

Car vendors in Vietnam are offering special promotions to boost sales as the country gets ready for the most festive and lucrative time of the year in anticipation of the Lunar New Year, to arrive later this month.

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Fatal start: Road accidents kill 33 in Vietnam on New Year’s Day

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Báo Tuổi Trẻ English 1 month(s) ago

Road accidents claimed 33 lives in Vietnam at the beginning of the year 2017, a hike compared to the same period last year, police said.

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Gas prices to increase from January 1

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SaiGon GP English 1 month(s) ago

Gas prices will increase VND12,000 to VND312,000 (US$14) a 12 kilogram cylinder from January 1 next year, announced gas companies in HCMC yesterday afternoon.

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Fed rate hike could pressure exchange rate

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Báo Đầu Tư English 2 month(s) ago

In a long anticipated move, the US Federal Reserve decided Wednesday to raise the benchmark interest rate by a quarter percentage point to 0.5 per cent, marking the first hike since December 2015 and only the second in a decade.

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Business highlights – November 28-December 4

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Báo điện tử CP English 2 month(s) ago

VGP - SMEs being urged to join global supply chain, Viet Nam jumping 14 places in global enabling trade index, food price hike leading to CPI surge, industrial production index increasing 7.3% and the agro-forestry-fishery sector gaining nearly US$ 7 billion trade surplus are economic highlights from November 28-December 4.

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Food price hike leads to CPI surge

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Báo điện tử CP English 2 month(s) ago 1 related news

VGP – The consumer price index (CPI) in November saw a month-on-month increase of 0.48% and a year-on-year growth of 4.52%, according to the General Statistics Office (GSO).

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