January 25, 2012
Consumer demand for holiday goods and transportation will grow 10 percent from last year, according to a government forecast that urged authorities to monitor and stabilize prices. Asia’s fastest inflation is the last thing on Tran Hang’s mind as she jostles fellow shoppers at a street stall in Hanoi’s Old Quarter to snap up [...]
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February 5, 2010
Hanoians are flocking to buy worship items for the Kitchen God’s day, which will fall on Saturday, February 6. Hang Ma is the street where sacred papers are sold and it entered its busy period around one month ago. The street is decorated in red and yellow, the colors of traditional sacred paper products. Hang Ma’s salesmen [...]
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February 5, 2010
LookAtVietnam – SBV said it will ask to sell SJC bar gold to help bring domestic prices closer to the world prices. SBV also said it will apply necessary measures to stabilize the gold market in order stabilize the goods market at Tet. The domestic market is witnessing the sharpest price decreases since mid November 2009. At 9.45 am [...]
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February 5, 2010
LookAtVietnam – Buying Tet gifts online has become an increasingly popular choice in Vietnam – especially with office workers. Wanting to purchase small gifts for friends on the occasion of the Lunar New Year, Quynh, an officer of a media company, turned to a sales website. Quynh quickly saw a lot of attractive offers for [...]
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February 4, 2010
VietNamNet Bridge – The Ministry of Finance (MOF) has suggested two options for electricity price increases, either by 10.7 percent or 6.8 percent. According to the director of the Price Control Agency Nguyen Tien Thoa, his agency has submitted a report suggesting they raise electricity prices by either 10.7 percent or 6.9 percent from the [...]
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February 4, 2010
‘Princess’ banh chung (sticky rice cake), “Lucky’ salt, calligraphy on stone and personal puzzle pictures all are original products traded by student business people this Tet. Caligraphy on stonesDuong Vinh Trung, the fourth year student of the HCM City National University, a member of the club, said that calligraphy on stones is favored by many [...]
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February 3, 2010
LookAtVietnam – MOT on January 28 sent a dispatch to the Ministry of Finance, requesting to launch airfare guidelines for domestic flights. The highest airfare (not including VAT and airport fee) proposed for the flights with a distance of 850 kilometres and higher is 1.81 million dong instead of the current level of 1.629 million [...]
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February 1, 2010
LookAtVietnam – Many are offering gilded and silver-plated dollar bank notes on the Internet, attracting special attention from the public. The new fashion is to “li xi” people with special bank notes, making the recipients feel happier and luckier on New Year. Those who give the special money also show that they are “connoisseurs.” The two [...]
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January 28, 2010
LookAtVietnam – Though DAV has prohibited pharmaceuticals producers and drugstores to raise prices, consumers’ medicine costs have been quietly escalating. The latest survey conducted from December 20, 2009 to January 20, 2010 by the Vietnam Pharmaceutical Manufacturer Association (VPMA) showed that 32 foreign-made medicines out of 5,760 surveyed products (0.55 percent) have increased in price [...]
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January 28, 2010
LookAtVietnam – Vietnam’s people founded universities have said they will raise fees by between 10 and 15 percent for the upcoming school year. It follows Universities being requested to report back on tentative plans for tuition fees for the 2010 school year to the Ministry of Education and Training. This is so the ministry can [...]
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