Posts Tagged ‘ price ’

Vietnam New Year shoppers defying central bank spurs inflation 

January 25, 2012
Vietnam New Year shoppers defying central bank spurs inflation 

  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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Robot ball, kid-proof toys gamble in Vegas 

January 14, 2012
Robot ball, kid-proof toys gamble in Vegas 

  One of the pleasures, and risks, of attending the gigantic Consumer Electronics Show is seeing a bunch of new products that look incredibly cool. Why a risk? Because things that look incredibly cool under carefully controlled conditions in Las Vegas sometimes turn out to be less than stellar successes by the time they hit [...]

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The value of Le Hoang’s ‘cheap’ soft-core movies 

January 14, 2012
The value of Le Hoang’s ‘cheap’ soft-core movies 

   Director Le Hoang (L). His latest sleazy movie, Toi nay 8h! (At 8 Tonight), revolves around a straightforward question that satirizes materialistic relationships: how much does it cost to sleep with you? Le Hoang’s latest soft-porn flick, Toi nay 8h! (At 8 Tonight), just like his earlier ones, are less “cheap” than many people [...]

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Price cuts fail to enliven property market 

January 2, 2012
Price cuts fail to enliven property market 

   An apartment project in Hanoi. Many buyers in Vietnam are adopting a wait-and-see approach, hoping prices would slump further. Vietnam’s real estate market is in a funk so bad that several drops in prices have not brought any cheer to buyers. According to the Ho Chi Minh City Real Estate Association, with home prices [...]

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Unfair fare 

December 30, 2011
Unfair fare 

A motorbike taxi driver sits waiting for clients on a street in downtown Ho Chi Minh City. The latest adjustment of fuel prices has been disappointing for consumers. The Ministry of Finance recently asked local businesses to cut retail fuel prices by VND500, or 2.4 cents, per liter. Some experts said the unremarkable reduction would [...]

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Fuel traders overstate losses, make non-core investments 

December 22, 2011
Fuel traders overstate losses, make non-core investments 

A Petrolimex gas station in Hanoi The Finance Ministry has found that major Vietnamese importers of oil products made smaller losses than they previously reported. Petrolimex, the largest fuel trader with a market share of around 60 percent, had reported losses of VND1.8 trillion (US$85.7 million) in the first six months. However, the actual loss [...]

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Higher domestic airfares a setback for travel agents 

December 20, 2011
Higher domestic airfares a setback for travel agents 

  Travel agencies already struggling in difficult economic conditions will be hit hard by the latest hike in domestic airfares, industry insiders say. The agencies face both losses on tours already booked and cancellations of bookings because of higher tour prices. In fact, the airfare hike makes foreign tours more attractive to local customers, they [...]

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Vietnam to see further decline in home prices: report 

December 19, 2011
Vietnam to see further decline in home prices: report 

Residential apartment buildings in Ho Chi Minh City's District 2 The housing markets in both Hanoi and Ho Chi Minh City will continue to see price falls in 2012 as cities across Asia-Pacific are expected to have weaker sales volumes, according to global property consultant Knight Frank. Residential prices in the two Vietnamese cities will [...]

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Gold firms struggle after central bank notice 

December 19, 2011
Gold firms struggle after central bank notice 

  File photo dated last year shows a man putting gold into a molding machine at the Sacombank gold bar factory in Ho Chi Minh City . All gold bar producers, except SJC, are expected to completely stop bullion production. Huge losses and unemployment for hundreds of workers loom as gold bullion producers prepare to [...]

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Will Israel declare war on violent settlers? 

December 17, 2011
Will Israel declare war on violent settlers? 

Members of the "Hilltop Youth" fortify an outpost at Shvut Ami in the West Bank in a file photo taken in 2009. The Israeli Defense Forces are increasingly confronting a truth that many Palestinians learned awhile ago: A not-insignificant number of the Israelis who have settled on the West Bank are unhinged zealots who, in [...]

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Feature

Vietnam, Cuba foreign ministries to bolster ties

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Vietnam’s top diplomat has affirmed that the Foreign Ministry will closely cooperate with its Cuban counterpart to implement the agreements reached by the two...