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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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 27, 2010
LookAtVietnam – Cement producers have accused the Vinacomin of charging overly high transport fees. According to the Vietnam Cement Association, He Duong Cement Company in Ninh Binh Province, Huu Nghi Company in Phu Tho and X18 Company in Hoa Binh have lodged complaints about the fact that Vinacomin sets transport fees which are three times [...]
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January 27, 2010
Many kinds of fruit, now available at local markets – oranges from the US, apples from Japan, mandarins from Thailand – are, in fact, all from China. Giving a magic to China’s fruits A long queue of 40-feet container vehicles were seen standing on the way into Tam Binh Wholesale Market in Thu Duc District in [...]
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January 27, 2010
LookAtVietnam – Smuggled goods carried by Vietnamese people, day and night, are penetrating Vietnam’s market. A motorbike that carried smuggle goods in Chau Doc TownSmuggled goods from Cambodia Tien Phong reporters, made a recent fact-finding trip to learn how smuggled goods are carried to Vietnam. They departed from Vinh Nguon Commune in Vietnam’s Chau Doc town [...]
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January 27, 2010
LookAtVietnam – Two clear patterns are being seen – traditional market prices are going up, as supermarket prices go down. Prices of processed food, on January 25, increased by 10,000-50,000 dong at traditional markets, although it was not the highest peak of the Tet sale season. Pork pies, for example, a traditional favorite food for [...]
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January 26, 2010
VietNamNet Bridge – Sugar sale prices have remained high, despite orders by MARD to slash prices to affordable levels. Sugar manufacturers claim that they must raise prices because the world’s prices have escalated. In previous years, government agencies endured big headaches to fight imports smuggled over the Cambodian border. At that time, illegal sugar imports [...]
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January 24, 2010
LookAtVietnam – Football grounds for hire are springing up across HCM City in what is an increasingly competitive and lucrative business. In early 2006, the first artificial grass football ground appeared in District 10. This facility quickly became famous and was always occupied by amateur football teams. Soon more new football grounds were built in [...]
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January 22, 2010
LookAtVietnam – The world gold price has decreased by 2.3 percent, forcing a domestic price drop to 26.65 million dong per tael. Bar gold prices at 9.45 am of January 21, 2010 stood at 26.55-26.65 million dong per tael (purchase and sale). This represents a sharp fall of 300,000 dong per tael, or 1.1 percent [...]
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January 20, 2010
LookAtVietnam – Real estate experts all share the same viewpoint that the apartment market will be quiet in 2010. Oversupply makes sales difficult Brett Ashton, managing director of Savills Vietnam, has advised investors to take care in making investment decisions, warning that while people think the market is heating up, the market is going the opposite [...]
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