Dong Per

VnnNews – Trade bureaucrats have decided to grant a quota to import 170,000 tons of salt, turning a deaf ear to Agriculture Ministry protests. Earlier this month the Ministry of Industry and Trade (MOIT) and the Agriculture Ministry (MARD) were sparring over sugar imports.  This week it’s salt.   The Dan Tri newswire...

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VietNamNet Bridge – Gold companies are complaining that they have not been allowed to import gold, despite applying to sometime ago. On February 5, 2010, the State Bank intervened in the gold market by requesting Saigon Jewelry Company (SJC) sell gold to the market. SJC also became the only company which was granted a quota to import...

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VnnNews – Ignoring the ban, many people are still going to gold shops when they have the demand to purchase or sell foreign currencies. A gold shop that trades foreign currencies on Ha Trung streetGold shops these days are more busy than atvany time in the year. Many people go to gold shops to sell dollars which are the kieu hoi (overseas...

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VietNamNet Bridge – It’s smaller cheaper houses that will sell well in 2010 according to property experts. They say that it will be a good time to sell the apartments priced at 15 million dong per square meter and lower, according to Chairman of the HCM City Real Estate Association Le Hoang Chau. Anticipating a high demand...

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VnnNews – Export companies have begun selling dollar to banks, but it is still too early to say how it has affected the market. Export companies have begun selling dollar to banksThe decision by the State Bank of Vietnam to adjust the dong/dollar exchange rate has led to changes in the exchange rates quoted by commercial banks. On February...

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VietNamNet Bridge – The dollar price on the black market unexpectedly increased sharply on February 11, just two days before Tet. Ha Trung street in Hanoi, which is considered a free market for foreign currency was so crowded on February 11 that there was a danger the parked motorbikes outside would further spill onto the streets and...

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VnnNews – Just a few days before Tet, food prices are starting to rocket. HCM City: No shortage of food but still the prices rise Retailers forecast that the pork price would stabilize this Tet thanks to a 20-30 percent supply increase.  The pork wholesale price remains unchanged at big markets like Binh Dien or Tan Xuan. Tran...

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VnnNews –  While apartments were the choice of many property buyers it appears tastes are changing and instead people are wanting street-fronted houses. After a long period of escalation, prices of apartments in Hanoi have been decreasing over the last two months, coming back to the original prices Investors had hoped that prices...

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VnnNews - Two clear patterns are being seen – traditional market prices are going up, as supermarket prices go down. Prices of processed food, on January 25, increased by 10,000-50,000 dong at traditional markets, although it was not the highest peak of the Tet sale season.  Pork pies, for example, a traditional favorite food for...

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VnnNews – The dollar price, both the exchange rate quoted by commercial banks and the price on black market, has been decreasing after efforts by government agencies to stabilize the forex market. The State Bank of Vietnam announced the interbank exchange rate of 17,941 dong per dollar for January 12, a rate which has been stable since...

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