December 19, 2011
Amazon.com Inc.’s Kindle Fire has understandably dominated the e-reader buzz this holiday season. Not everyone, though, wants all the bells and whistles, or the bulk and expense, of a full-on color tablet. They just want an e-reader in order to, you know, read. For these folks, Amazon and Barnes & Noble Inc. have released [...]
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December 12, 2011
Rice exports from Vietnam, the second-largest shipper, reached a record level, boosting supply at a time when floods and government policies may reduce flows from Thailand, the largest exporter. Shipments totaled 6.84 million metric tons in the year through Dec. 8, the Vietnam Food Association said today. That’s more than the 6.75 million tons [...]
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October 20, 2011
A corporate logo is displayed at the Nokia flagship store in Helsinki in this picture taken September 29, 2010. The world’s largest cellphone maker Nokia reported a smaller than expected fall in third quarter profits as price cuts and new models lifted sales of its basic cellphones in key markets like India. Shares in Nokia [...]
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Posted in International | Comments Off
September 20, 2011
Honda motorcycles are prepared for delivery to customers in downtown Hanoi. Honda is among the foreign investors who are continuing to increase investment in Vietnam. Job generation should not be focus of foreign direct investment (FDI), Nguyen Mai, former vice chairman of the State Commission for Cooperation and Investment, tells Thanh Nien Weekly in [...]
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Posted in Reports | Comments Off
September 20, 2011
Gemadept Corp. (GMD), Vietnam’s biggest listed freight company, expects local cargo rates to rise from mid-2012 as the failure of smaller rivals eases competition. “Many shipping companies are trying to stay alive, so they have reduced fees to very low levels,” General Director Do Van Minh said in a Sept. 14 interview in Ho [...]
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July 26, 2011
UK newspaper group Daily Mail & General Trust has not published any stories based on hacked messages, its chief executive said, as rival News Corp battles a phone-hacking crisis at its now defunct News of the World tabloid. Martin Morgan said DMGT was considering launching its own mass-market Sunday tabloid to fill the gap [...]
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Posted in International | Comments Off
July 17, 2011
Expectations that lower global prices would benefit consumers have been belied A worker pumps petrol to a motorcycle at a gas station in Hanoi. Vietnam raised retail fuel prices in late March and has left them unchanged since. When the government decided in March that local petroleum prices will be adjusted in line with [...]
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June 22, 2011
As of June 10, credit had expanded 7.05 percent compared to the end of last year The central bank has increased its foreign exchange reserves due to an improving trend in the balance of payments and recent measures to support the local currency, Governor Nguyen Van Giau said. It had not been easy to increase the [...]
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March 30, 2011
Motorcyclists ride by a newly developped residential quarter in Hanoi Vietnam’s growth slowed in the first quarter after the central bank raised key interest rates to among the highest levels in Southeast Asia to tame inflation. Â Gross domestic product climbed 5.43 percent in the three months through March from a year earlier, according to [...]
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January 16, 2011
Average office rent in Ho Chi Minh City decreased by 2 percent in 2010's last quarter Average office rents in both Hanoi and Ho Chi Minh City continued to fall in the last quarter of 2010 as supply kept growing, according to UK-based real estate service provider Savills. In Hanoi, the market saw a decline [...]
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