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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January 16, 2012
Kieu Thi My Dung, 22, at Ho Chi Minh City-based Cho Ray Hospital after a seven-hour operation on January 6. Two Vietnamese women who had massive tumors removed by a renowned US surgeon early this month will go under the knife again as they are recovering well, a local hospital said Saturday. According to the [...]
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January 14, 2012
Kieu Thi My Dung, 22, at Ho Chi Minh City-based Cho Ray Hospital after a seven-hour operation on January 6. Two Vietnamese women who had their massive tumors removed in high-profile surgeries last week are doing well, the news website of Vietnam Media Corp. quoted local doctors as saying Monday. Dr. Tran Quyet Tien, vice [...]
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December 30, 2011
Cao Hong Son, a disabled athelete, has been fined US$950 for making a bomb threat at the Ho Chi Minh City-based Tan Son Nhat Airport. AÂ man was fined Thursday VND20 million (US$950) for making a bomb threat when he was taking a flight to a sporting event for athletes with physical disabilities in Indonesia. Cao [...]
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October 29, 2011
A staff worker at a Masan Mart shop, which is owned by Masan Group. Masan Group Corp., the food, banking and natural-resources company that’s the biggest stock in the Ho Chi Minh City Stock Exchange, said it’s considering listing shares abroad. Masan may sell shares by issuing new stock, depositary receipts, convertible bonds or securities [...]
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August 26, 2011
Vietnam's minimum wage will rise to a maximum of VND2 million per month starting October Vietnam will raise its minimum wage by as much as 69 percent to help workers cope with the highest inflation in Asia. The minimum wage will rise to a maximum of VND2 million (US$96) per month starting October 1 from [...]
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February 21, 2011
Vietnam’s stocks tumbled the most since November 2009 after the government said it will raise electricity prices by a record 15.3 percent, spurring concern the government will step up measures to curb inflation. The Ho Chi Minh City Stock Exchange’s VN Index slumped 4 percent, the most among Asian benchmark gauges today, to 483.68 [...]
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December 21, 2009
Vietnamâs external position is âfairly healthy,â in spite of market concerns about the countryâs trade deficit, Barclays Plc said. Vietnamâs economy has âall the hallmarksâ of an emerging markets crisis, with growth poised to overheat as inflation quickens and foreign-exchange reserves fall, Nomura Holdings Inc. said this month. A decline in the reserves to less [...]
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October 20, 2009
Deutsche Bank AGâs DWS Vietnam Fund and Vinacapital Investment Management Ltd. invested $10 million each to take a 40 percent stake in Vietnamâs Hoan My Medical Corp., helping the healthcare group to expand its business. Hoan My will build two more hospitals and two clinics in Ho Chi Minh City and upgrade three existing hospitals, [...]
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September 29, 2009
While steel imports dropped 36 percent by value to $3.82 billion, by volume purchases rose 1 percent to 7.31 million tons Vietnamâs import decline slowed, indicating its economy is accelerating as companies buy machinery and steel from abroad to fuel production. The trade deficit narrowed. Imports fell 25 percent through September from a year earlier [...]
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