January 3, 2012
A street vendor walks past a Chanel SA store inside the Rex Hotel in downtown Ho Chi Minh City, Vietnam, on Tuesday, Dec. 27, 2011. Vietnam’s growth held near 6 percent this quarter, reducing the pressure for further monetary tightening after higher interest rates limited the boost to the economy from exports and domestic consumption. [...]
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November 24, 2011
Vietnam Joint Stock Commercial Bank for Industry & Trade (CTG), known as VietinBank, has received approval from the country’s central bank for its planned $500 million international bond sale, Deputy General Director Le Duc Tho said in a telephone interview. “Our plan is to sell the bonds in the fourth quarter, but in reality [...]
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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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February 5, 2010
Business confidence among Viet Nam’s small- and medium-sized enterprises (SMEs) climbed 10 points in the fourth quarter last year, . . . Sandy Flockhart, HSBC’s chairman of personal and commercial banking, said: “Our small business confidence index is telling us that confidence levels are back to pre-financial crisis levels. Not only are SMEs confident that [...]
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January 21, 2010
The State Bank of Vietnam building in Ly Thuong Kiet St., Hanoi Vietnamâs central bank was âpro- activeâ and âforcefulâ in raising interest rates last year, which may limit the extent of further increases in borrowing costs in 2010, Australia & New Zealand Banking Group Ltd. said. The Southeast Asian nationâs central bank boosted its [...]
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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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January 10, 2010
Milk prices slide, farmers see losses; Overseas remittances down 12.8%, says State Bank; Hanoi to host int’l trade, investment fair; Businesses optimistic about economic development in 2010; Coffee exports hit record high Milk prices slide, farmers see losses Dairy farmers in Ho Chi Minh City’s Cu Chi District January 8 said they have been forced [...]
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January 9, 2010
Vietnamâs shipments of electronic products and garments are rebounding Vietnamâs fourth-quarter growth exceeded market expectations and the countryâs full-year expansion was âfar more resilientâ than the rest of Asia with the exception of China, Citigroup Inc. said. The economy expanded 6.9 percent on-year in the fourth quarter, up from a revised 6.04 percent in the [...]
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January 7, 2010
Vietnamâs fourth-quarter growth exceeded market expectations and the countryâs full-year expansion was âfar more resilientâ than the rest of Asia with the exception of China, Citigroup Inc. said. The economy expanded 6.9 percent on-year in the fourth quarter, up from a revised 6.04 percent in the third quarter, and grew 5.32 percent for the full [...]
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December 31, 2009
Vietnamâs economy expanded at the fastest pace in more than a year in the fourth quarter as lending growth fueled construction and consumer sales. Gross domestic product grew 6.9 percent from a year earlier after a revised 6.04 percent gain in the third quarter, the General Statistics Office said in Hanoi Thursday. For 2009 overall, [...]
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