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SBV Allowed To Hold Stakes In Weak Banks (2013-08-07 17:03:00)
Steel Production Still Mired In Hardship (2013-08-07 17:02:00)
Seafood Exports Increase Slightly In First 7 Months (2013-08-07 17:01:00)
Higher Rice Prices At Home Deal Blow To Exporters (2013-08-07 17:00:00)
Salt Output Up 1.5 Times (2013-08-07 16:59:00)
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Economic and Financial News
Rubber Exports Bring Zero Profit 22/07/2013 15:50

The current price of Vietnamese natural rubber exported to China hovers around VND43 million a ton, almost the same as production cost.

76% Of New Firms Are Service Providers 22/07/2013 15:49

About 11,900 new enterprises were established in HCMC in this year’s six months, with service providers accounting for up to 76.4%, the city’s Statistics Office reports.

Rice Market Recovers 22/07/2013 15:48

The local rice market has seen signs of recovery as enterprises have signed more export contracts this month.

SBV Moves To Strengthen Foreign Exchange Market 22/07/2013 15:47

The State Bank of Viet Nam (SBV) asked all of its branches and local credit institutions to strengthen their forex management in order to further stabilise the local forex market.

Petrol Prices Hike Again 19/07/2013 14:21

 The Ministry of Finance and the Ministry of Industry and Trade have permitted businesses to increase retail price of petrol by VND420-470 a liter, since 8pm of July 17.

First-Half Budget Revenue Meets 44% Of Estimate 19/07/2013 14:18

 State budget revenue collection was a difficult task in the first half of the year, with some VND356.5 trillion collected, or only 44% of the estimate for the whole year, said the Ministry of Finance at a conference in Hanoi on Wednesday.

Vietnam‘s Economy Ranks 42nd In The World 19/07/2013 14:15

 With the gross domestic product (GDP) estimated from purchasing power parity (PPP) calculations equivalent to 322 billion USD, Vietnam‘s economy ranks 42 nd in the world and 6 th in Southeast Asia.

Government To Invest In Cinema Industry 18/07/2013 16:28

 More than 6.5 trillion VND (309 million USD) from the State budget will be spent in developing the cinema industry nationwide from now to 2020, according to the Department of Cinematography.

Three-Month Gold Sales Total 45 Tons 18/07/2013 16:26

 An additional 26,000 taels of gold was sold at auction on Tuesday, taking the total so far to over 1.19 million taels, or nearly 45 tons.

Banks Lower Deposit Rates, Keep Lending Rates Intact 18/07/2013 16:24

 Four State-run banks earlier this week began bringing down their deposit rates after Vietcombank had cut its interest rate for one-month deposits in the dong to 5% last Thursday. However, the lending rate remains unchanged.


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