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A deputy chairman of the National Assembly’s Economic Committee says the two percent devaluation was correct, but must be followed by measures to lower interest rates VnnNews – A deputy chairman of the National Assembly’s Economic Committee says the State Bank of Vietnam’s two percent devaluation was correct, but must...

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A deputy chairman of the National Assembly’s Economic Committee says the two percent devaluation was correct, but must be followed by measures to lower interest rates VnnNews – A deputy chairman of the National Assembly’s Economic Committee says the State Bank of Vietnam’s two percent devaluation was correct, but must...

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VnnNews – Vietnam’s three hottest issues – inflation, trade deficits and budget overspending – have cooled. VnnNews – Vietnam’s three hottest issues – inflation, trade deficits and budget overspending – have cooled. Appropriate financial policies helped, but the last months of 2010 may challenge...

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VietNamNet Bridge – The dong/dollar exchange rate in the last few days has increased rapidly VietNamNet Bridge – The dong/dollar exchange rate in the last few days in the black market and the rate quoted by commercial banks both have increased rapidly, surprising many people because the official interbank exchange rate has...

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VnnNews – Businesses are busy buying dollars to pay their debts at the end of the year. VnnNews – Businesses are busy buying dollars to pay their debts at the end of the year. Right now the dollar price is relatively low, but many fear it will become more expensive in the last months of 2010.    Banks join forces to...

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VnnNews – The price of paper materials have soared in the last few months, causing difficulties for businesses operating in the industry. VnnNews – The price of paper materials have soared in the last few months, causing difficulties for businesses operating in the industry. Paper prices jump, expensive materials blamed Paper...

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VnnNews – Binh Duong easily demolished Victory (Maldive) 5-0 in the AFC Cup Group F last game yesterday. VnnNews – Binh Duong easily demolished Victory (Maldive) 5-0 in the AFC Cup Group F last game on April 28. SHB Danang tie 1-1 with Geylang United at AFC Cup Binh Duong dominated the match right after the start. Huynh...

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The property market in the central coast city of Danang might be less busy than in HCMC, but the tourism property segment there is burgeoning offering both hi-end . . . Projects to build villas for sales are emerging quickly in the region, and in the next couple of years, there will be significant villa and resort developments along the Son...

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VnnNews – Government agencies trying to curb car imports in order to reduce the trade deficit are yet to find a solution. The General Statistics Office (GSO) said 7,300 cars under the mode of complete built units (CBU) were imported in August 2009 worth $107 million. It was estimated that the same number of cars and import revenue was...

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