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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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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December 28, 2009
LookAtVietnam – Gold prices for 2009 broke records continuously, climbing to their highest level in history. The decision to allow gold imports, released on November 11, successfully cooled the market.Here are the nine most outstanding features of the gold market from Thoi Bao Kinh Te Vietnam. Record-setting year The gold price increased steadily in the first, second [...]
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November 17, 2009
LookAtVietnam – HSBC still says Vietnam’s stock market is less attractive than other regional markets. HSBC highlighted that after reaching a peak of 600 points in late October 2009, the VN Index had decreased by eight percent by November 9. The VN Index has lost more points than other Asian markets from the beginning of the [...]
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October 1, 2009
Vietnamâs gross domestic product grew 4.56 percent in the first nine months this year Vietnamâs economy needs to expand by more than 6.8 percent in the fourth quarter to realize the annual growth target of more than five percent, Prime Minister Nguyen Tan Dung said in a statement Thursday. To achieve the yearâs target, all [...]
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September 30, 2009
LookAtVietnam – Although some economists expressed concern about the CPI increase in September, GSO says its just a cyclical thing. Tran Thi Hang, director of the Trade Service and Price Department, a unit of the General Statistics OfficeTran Thi Hang is director of the Trade Service and Price Department, a unit of the General Statistics [...]
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August 12, 2009
Enterprises operate in different fields and have different investment scales, but are offered the same corporate income tax (CIT) incentives. And that is a problem. Decree 124, issued in 2008, guides the implementation of the Corporate Income Tax Law. It treats enterprises that are operating in industrial zones (IZ) and export processing zones (EPZ) as [...]
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July 24, 2009
Saigon Beer-AlcoholBeverages Corp., the brewer known as Sabeco, will submit a listing application to Vietnamâs main bourse in the fourth quarter this year, according to Tran Duc Hoa, a Sabeco director. âWe have committed to our shareholders that we will complete our listing application to the State Securities Commission and the Ho Chi Minh Stock [...]
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