» The State

  Workers at a ship yard of the Vietnam Shipbuilding Industry Group, or Vinashin. Many in Vietnam hope the government will pursue reforms that are broad enough and deep enough to fix debt-ridden state banks and rein in inefficient state enterprises (SOEs)...

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  Wiping out small banks should not be the goal of banking reform A customer exits a branch of Joint-Stock Commercial Bank for Foreign Trade of Vietnam, or Vietcombank, in Hanoi. Bad debts at local banks are rising, raising concerns about the safety of the whole banking...

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A man sells petrol at a station outside Hanoi on September 22. The Finance Ministry has sent out inspection teams to look into oil product prices of Petrolimex, PV Oil and two other distributors. The losses or profits fuel importers make are not clearly accounted for and people are unhappy about this. If the accounting was clear,...

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Cu Huy Ha Vu stands trial on August 2, 2011. The Supreme People’s Court upheld the seven-year jail term for Cu Huy Ha Vu for distributing propaganda against the State in an appeals trial Tuesday. Vu, 54, will also be put under house arrest for three years after serving the seven-year sentence, the court ruled. Vu was...

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An investor watches market movements at a securities firm in Ho Chi Minh City. Investors have called for tougher measures to deal with share price manipulators. Investors and experts have applauded the State Securities Commission’s recent decision to impose the highest possible fine on three market manipulators. However,...

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Cu Huy Ha Vu is escorted by policemen after his trial at a court in Hanoi on Monday (April 4). Vu was sentenced on that day to seven years in prison for spreading propaganda against the State. The Vietnamese Ministry of Foreign Affairs (MOFA) on Tuesday rejected a call by the US for the release of Cu Huy Ha Vu as “an intervention...

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A man places stacks of dong and US dollar notes inside a bag at a bank in Ho Chi Minh City. The State Bank of Vietnam devalued the dong by 9.3 percent on February 11 in an effort to minimize the gap between the official and black market exchange rates. Following the move, the dong slid to a record low against the dollar. More...

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  Inflation could negate Vietnam’s development gains, says economist With prices continually on the rise, many consumers in Vietnam now have to think carefully before they buy milk products. Nguyen Thu Trang cannot escape a feeling of shock and dread as she shops for formula...

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  An economist argues that Vietnam needs to start taxing the rich and easing off the poor A cyclo driver reads a newspaper outside an electronics store in downtown Ho Chi Minh City. Dr. Nguyen Minh Phong of the Hanoi Socioeconomic Research Institute says that taxes should be adjusted...

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Japan to construct plant for industrial waste in capital; Polluters in Tay Ninh face shutdown; Waste treatment areas to be built in Delta Japan to construct plant for industrial waste in capital Japan’s New Energy and Industrial Technology Development Org-anisation (NEDO) will help fund and build an industrial waste treatment system...

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