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Only 1/3 of golf courses break even or make profit

Investors once rushed to pour their money into golf courses, believing that this was a gold mine to dig. But they may have changed their mind when seeing 2/3 of the operational golf courses [ … ]

   

Vietnam won’t reduce rice export price

Rice importers have threatened to stop buying if Vietnam doesn’t reduce the selling price. But if Vietnam does this, its rice production would suffer, while it would fall from the position o [ … ]

   

Retailers lose ground against foreign rivals

In July 2011 E-Mart, South Korea's top discount store chain, signed an agreement with Viet Nam's U&I Investment Corporation to form a distribution joint venture in the country.

   

French economy returns to recession

Official figures show France has entered its second recession in four years after the economy shrank by 0.2% in the first quarter of the year.

   

Anti-corruption inspection begins at Vietnam Airlines

The Government Inspectorate will work at the Vietnam Airlines in 10 days, starting from May 13, to clarify a number of issues related to the fight against corruption.

   

Vietnam vows not to let foreigners touch its material growing areas

The Vietnamese laws clearly stipulate that foreign businessmen are not allowed to collect materials directly from Vietnamese farmers. However, they still have been attempting to control the [ … ]

   

Deposit interest rates go down, where the money goes to then?

Since commercial banks have lowered the interest rates, depositing has become less attractive in the eyes of investors. They may withdraw money from banks to put into production and business [ … ]

   

Mortgage loan for social housing touches 6%

The State Bank of Viet Nam and the Ministry of Construction on May 15 issued Circular 11 announcing an annual interest rate of 6% for loans used to purchase social houses.

   

Shares turn to recover after yesterday's losses

Shares on the HCM City Stock Exchange managed to rally in last trading minutes, with the benchmark Vn-Index gaining 0.13 per cent to 484.50 points.

   

Boeing resumes deliveries of 787

Boeing said it had resumed delivery of its 787 Dreamliner, after two incidents involving the lithium ion batteries led to a worldwide grounding of the aircraft.

   

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