December 22, 2011
A Petrolimex gas station in Hanoi The Finance Ministry has found that major Vietnamese importers of oil products made smaller losses than they previously reported. Petrolimex, the largest fuel trader with a market share of around 60 percent, had reported losses of VND1.8 trillion (US$85.7 million) in the first six months. However, the actual loss [...]
Tags: According, August, August 26, billion, Commissions, companies, finance, Finance Ministry, Fuel Companies, Fuel Traders, Have Reported, High Commissions, Liter, losses, ministry, Non Core, Per Liter, Petrolimex, price, profit, reported, Reported Losses, Thanh nien, The Finance, The Finance Ministry, The High Commissions, The ministry, The Ministry Said, To The Ministry, trillion
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October 19, 2011
Bad debts at Vietnam’s banks have risen to 3.21 percent of outstanding loans at the end of August, from 3.04 percent a month earlier, a central bank report on Tuesday said. “Bad debt has been rising gradually every month so far this year,” the report said. Loans at the banks totaled VND2,389 trillion ($114.1 [...]
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October 15, 2011
Vietnam’s new cabinet makes a strong start with several “smart technocrats”, but economic woes and lack of transparency pose hurdles, according to analysts Residents fishing next to Han River bridge in central coastal city of Da Nang. New Transport Minister Dinh La Thang last week took the unusual step of firing the manager of [...]
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October 12, 2011
The sea lion caught in Quang Binh in August. A sea lion found in central Vietnam in August has died after two months in the pond of a local fisherman, he said Monday. Nguyen Van Dien from Quang Binh Province had been authorized to take care of the animal for 20 days after he spotted [...]
Tags: After Two Months, Aquatic Mammal, August, Authorities, caught, Central, Central Vietnam, Fisherman, In Central Vietnam, Local, Local Authorities, Local Fisherman, province, Quang binh, Sea Lion, The Aquatic, The Aquatic Mammal, The sea, The Sea Lion, Two Months
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October 8, 2011
Vietnam’s central bank increased its refinancing rate for the first time since May, as the nation tries to steady its currency and tame Asia’s fastest inflation. The State Bank of Vietnam raised the refinancing rate to 15 percent from 14 percent, effective Oct. 10, it said in a statement on its website Thursday. The [...]
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September 9, 2011
The dong’s chronic weakness has repelled foreign investors and hampered attempts by Vietnam’s policymakers to reverse the faltering fortunes of an economy that only five years ago was one of Asia’s most promising. Until Vietnam rebuilds trust by decisively taming the region’s worst inflation and narrowing sizable trade and budget deficits, the risks of [...]
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September 9, 2011
Vietnam has to get very tough or the flood of illegal Chinese workers will continue Chinese workers at a construction site in the south-central province of Phu Yen. Thousands of illegal workers will continue taking jobs from Vietnamese workers if the Vietnamese government does not take action now, analysts say. There will be no [...]
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September 8, 2011
Le Van Luyen (C), 18, is arrested on August 31 in the northern province of Lang Son for murdering three people at a Bac Giang gold shop on August 24. A lawyer will be appointed to defend an 18-year-old youth who has confessed to the gruesome murder of a couple and their daughter in the [...]
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September 4, 2011
Quiet 18-year-old youth confesses to killing three members of a family in failed gold heist Le Van Luyen (C), 18, is arrested on Wednesday (August 31) in the northern province of Lang Son for allegedly murdering three people at a Bac Giang gold shop on August 24 An 18-year-old youth, described as a quiet [...]
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September 4, 2011
Farmers transport rice after harvesting it outside Hanoi. Vietnam is expected to export a record 7.3 million tons of rice this year. The prices of many agricultural products are rising in the world market, but Vietnamese exporters may not be able to capitalize on this opportunity because their stocks are thin. Coffee prices have surged [...]
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