More clean water for city’s residents VND1.2 tril. for Tan Hiep 2 water plant

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SaigonTimes English 1 week(s) ago

HCMC – Saigon Water Supply Corporation (Sawaco) on Thursday started a trial operation of Kenh Dong water plant it purchased with a designed daily capacity of 150,000 cubic meters of water to provide clean water for six western districts, said Bach Vu Hai, deputy general director of Sawaco.

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Vietnam dismisses China fishing ban in East Sea

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Báo Thanh Niên English 1 month(s) ago

The Ministry of Foreign Affairs has voiced Vietnam’s opposition to and dismissed China’s unilateral ban on fishing in the East Sea for the next two-and-a half months, Vietnam News Agency reported.

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Local-global gold price gap widens

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SaigonTimes English 3 month(s) ago

HCMC – A mild increase of domestic gold price coupled with the downtrend of the world gold market again widened the difference between the two levels to over VND4 million a tael.

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Stable forex market tipped

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Báo Đầu Tư English 5 month(s) ago

Stable forex market tipped

The forex market last year enjoyed a sense of stability due to economic factors that are expected to continue in 2013.

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Gold bar trading applicants okayed

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Báo Đầu Tư English 6 month(s) ago

Gold bar trading applicants okayed

The majority of companies applying for gold bar trading are eligible to do the job, according to Nguyen Hoang Minh, deputy director of the HCMC Branch of State Bank of Vietnam (SBV) in charge of inspecting the corporate candidates.

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Ministry in talks for foreign loans

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SaigonTimes English 7 month(s) ago

HCMC – The Ministry of Finance is now in talks with foreign creditors over 22 credit agreements, and the amount having been tentatively approved in such loan agreements has reached some US$2.6 billion as of now, the ministry said.

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SJC to process 350,000 taels of gold

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SaigonTimes English 9 month(s) ago 6 related news

HCMC – Saigon Jewelry Holding Co. (SJC) will process an additional 350,000 taels of gold, equivalent to 13 tons, starting on Thursday to replenish supply in the market.

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SBV issues rules to replenish gold supply

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SaigonTimes English 10 month(s) ago

SBV issues rules to replenish gold supply

HCMC – Deformed SJC gold bars and non-SJC gold bars meeting quality standards will be reprocessed into SJC gold under the supervision of the State Bank of Vietnam (SBV), the central bank announced on Thursday.

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Realty firms seek fund via share issuance

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SaigonTimes English 15 month(s) ago

HCMC – Local cash-strapped property companies have strong expectations on new share issuance as a way to mobilize capital from the improving stock market after the central bank’s announcement to loosen realty loans recently.

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Bigger IMF role no substitute for tough eurozone reforms: Geithner

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VietnamNet English 15 month(s) ago

The United States supported a constructive role of the International Monetary Fund in reinforcing economic reforms in Europe, but increased IMF involvement could not substitute tough reforms of the eurozone economies, U.S. Treasury Secretary Timothy Geithner said Wednesday.

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Challenges abound for local international bond issuers

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SaigonTimes English 15 month(s) ago

HCMC – Many local enterprises now have plans to issue bonds on the international market, but experts point out huge challenges facing them ahead.

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Resettlement condo projects face uncertainty

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SaigonTimes English 16 month(s) ago 1 related news

Resettlement condo projects face uncertainty

HCMC – The HCMC government’s newly-announced plan to build several thousands of condos to replenish the resettlement housing fund is predicted to face uncertainty given the presence of several large-scale apartment schemes still mired in slow execution.

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Draft gold trading decree needs to be reviewed

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SaigonTimes English 20 month(s) ago 1 related news

HCMC – The draft decree on gold trading management needs to be reviewed as it is unable to facilitate the gold market to operate in an effective way, according to economic experts.

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Cambodia: Food, fuel prices jump again

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VietStock FI English 21 month(s) ago

Heightened global food and fuel prices continued to inflate Cambodia’s market in September, and experts said flood damages would elevate costs further toward the end of the year.
A man fishes in a flooded rice paddy earlier this month in Chong Kroch village, in Prey Veng province’s Pea Reang district

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Bangkok braces for unstoppable flood waters

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VietNam News English 21 month(s) ago

Millions of people in the Thai capital nervously prepared for the advancing and seemingly unstoppable flood waters Monday after a fresh warning for residents to evacuate certain danger zones.

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