Last updated: Saturday, June 11, 2011
Sixteen former Vinashin officials and three government ministries implicated in the company’s financial debacle
A ship assembled by the Vietnam Shipbuilding Industry Group (Vinashin)’s Ha Long Ship Building Company in the northern Quang Ninh Province. Three government...
Last updated: Tuesday, May 24, 2011
Rising presence of foreign software firms a positive sign
A visitor at an IT exhibition in Ho Chi Minh City walks past an advertisement for Vietnamese dictionary software Lac Viet. The rising presence of foreign companies may help create a good environment for IT development in Vietnam,...
Last updated: Monday, February 28, 2011
A cyclo driver talks on a cell phone in downtown Ho Chi Minh City. Local cell phone brands targetting the lower-end market segment are doing well in Vietnam.
Business is blooming for local cell phone brands targeting the lower-end market segment.
Handset retailers said cell phones priced at more than VND6 million (US$280)...
Last updated: Friday, October 15, 2010
VnnNews – General Director of Indochina Airlines Ha Hung Dung, who is also well known in Vietnam as a musician, may have to appear in court, since booking agents are considering suing leaders of Indochina Airlines, because the air carrier is still owing nearly one billion dong to them.
Indochina Airlines wants to fly again
Passengers...
Last updated: Monday, October 4, 2010
VnnNews – Unlike previously, when banks restricted loans to meet requirements on their capital adequacy ratio, they now have profuse capital and rush to find borrowers. Most are focusing on funding production and personal consumption, while restricting loans for real estate and securities investments.
Businesses still prefer loans...
Last updated: Friday, September 24, 2010
The dollar deposit interest rate has climbed to 5.5 percent per annum, while the gold interest rate has surged to two percent per annum.
VnnNews – The dollar deposit interest rate has climbed to 5.5 percent per annum, while the gold interest rate has surged to two percent per annum. Gold continuously jumps to new heights, while the stock...
Last updated: Tuesday, July 27, 2010
While big banks complain that they have excessive capital and have to struggle to look for borrowers, small banks say they cannot arrange enough capital to lend.
VnnNews – While big banks complain that they have excessive capital and have to struggle to look for borrowers, small banks say they cannot arrange enough capital to lend.<...
Last updated: Monday, July 5, 2010
VnnNews – Australia’s Qantas Group affirmed that it will continue its investment in the budget airline Jetstar Pacific.
VnnNews – Australia’s Qantas Group affirmed that it will continue its investment in the budget airline Jetstar Pacific. Two former deputy general directors of Jetstar Pacific, Daniela Marsilli and...
Last updated: Thursday, June 24, 2010
People these days are whispering in each others’ ears that a CEO has been asked to work for another bank with the salary of 1.2 million dollar a year.
VnnNews – Well-informed circles these days are whispering in each others’ ears that a bank chief executive officer (CEO) has been asked to work for another bank with the salary...
Last updated: Tuesday, June 22, 2010
Another digital signature provider licensed; EC’s anti-dumping duty on Vietnam’s bikes unfair; Hanoi’s retail sales of goods and services up 38.1%
Work starts on suspension bridge in Kon Tum< />
The construction of a suspension bridge spanning the Po Ko river began in Dak Nong commune, Ngoc Hoi district,...
