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Bio-fuel system installation to be sped up

Deputy Minister of Industry and Trade Le Duong Quang has asked petrol producers and agencies to speed up the distribution of E5 bio-fuel to meet a deadline set by the Prime Minister.

 

Banks to sell non-performing loans

Banks with non-performing loan (NPL) ratios of 3 percent or more will have to sell the loans to the Vietnam Asset Management Company (VAMC), a new group due to officially begin operations on July 9 th [ … ]

   

Stock market loses momentum

Shares declined for the first time this week on May 23, pulling the benchmark VN-Index down from a six-week high as investors sought quick profits on fears of a volatile market.

   

Weakening purchasing power discouraging sales, stock clearing effort

Nguyen Thanh Phung, an employees in the sales department of a firm based in Ho Chi Minh City’s Tan Binh District, told Tuoi Tre that she has had to tighten spending because her company is in [ … ]

   

Users fall prey to mobile millionaire games, again

Mobile phone users are bombarded with SMS messages inviting them to join the lottery programs to win seven-figure cash prizes from the network operators these days, but what they actually ge [ … ]

   

Vietnam improves seafood quality

http://thethaovietnam.vn/dataimages/201302/original/images571362_1351653962_news_28.jpg

The US Department of Commerce (DoC) has decided to increase anti-dumping duties on tra fish imported from Vietnam by an additional 0.52 to 1.29 USD per kilo, said the Vietnam Association of [ … ]

   

PM approves Viettel restructuring plan

Prime Minister Nguyen Tan Dung has approved the restructuring plan for the military-run Viettel Group in the 2013 – 2015 period.

   

Vietnamese economy recovers after hitting bottom

The Vietnamese macro-economy has shown signs of recovery from the bottom line thanks to strong exports, according to the International Monetary Fund (IMF).

   

Buildbank takes shape, raises controversy

Buildbank, the commercial bank which aims to mobilize capital and lend money in the real estate and construction sector, has been formed up.

   

VPBank, VCCorp enter partnership

The Viet Nam Prosperity Joint Stock Commercial Bank (VPBank) and the Viet Nam Communications Corporation (VCCorp) recently signed a strategic agreement in Ha Noi aimed at providing better se [ … ]

   

Trade deficit starts soaring in half May

As of May 15, Viet Nam ran a trade deficit of US$1.51 billion, according to the General Customs.

   

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