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 4, 2010
LookAtVietnam – While apartments were the choice of many property buyers it appears tastes are changing and instead people are wanting street-fronted houses. After a long period of escalation, prices of apartments in Hanoi have been decreasing over the last two months, coming back to the original prices Investors had hoped that prices would increase pre-Tet [...]
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February 2, 2010
LookAtVietnam – Commercial banks have purchased $450 million from state owned conglomerates and general corporations since the beginning of January 2010. The move follows a Government request for dollars to be sold to help stabilize the foreign currency market. The information was released by the deputy governor of the State Bank of Vietnam Nguyen Dong Tien [...]
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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 29, 2010
LookAtVietnam – HCM City’s black market has become more busy than ever, as now is the kieu hoi (overseas remittance) and travel season. The year’s end is always time for overseas Vietnamese to remit money to their relatives so that they can enjoy Tet. Those who receive kieu hoi sell dollars for dong to make [...]
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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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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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