Posts Tagged ‘ The price ’

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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IPad beat on power, speed by new non-clones 

December 23, 2011
IPad beat on power, speed by new non-clones 

  We’re finally beginning to see some distinctive 10-inch Android tablets that are more than iPad knockoffs. Earlier this year, Sony released its wedge-shaped Tablet. Now, two more entries provide features and functionality beyond Apple Inc.’s offerings: Asustek Computer Inc.’s Eee Pad Transformer Prime and the Droid Xyboard 10.1 from Motorola Mobility Holdings Inc. and [...]

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Recognition of Ha Long Bay justifies higher price: official 

December 5, 2011
Recognition of Ha Long Bay justifies higher price: official 

  Ha Long Bay, recently listed as one of the new seven wonders of the world, should have higher admission fees commensurate with its prestige, Tuoi Tre quoted a local official as saying Saturday. Do Duc Thang, deputy chief of the bay’s management board, made the statement two days after the Quang Ninh People’s Committee began charging nearly twice as much [...]

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Clarity needed to offset discontent on gas prices 

October 8, 2011
Clarity needed to offset discontent on gas prices 

A man sells petrol at a station outside Hanoi on September 22. The Finance Ministry has sent out inspection teams to look into oil product prices of Petrolimex, PV Oil and two other distributors. The losses or profits fuel importers make are not clearly accounted for and people are unhappy about this. If the accounting [...]

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Vietnam rejects proposal to hike petrol prices 

September 18, 2011
Vietnam rejects proposal to hike petrol prices 

Vietnam reduced the price of oil products by 2.3 percent late August The Ministry of Finance has turned down a proposal by fuel distributors to raise retail petroleum prices, and asked them to ensure stable supply for the market. Vietnam reduced the price of oil products by 2.3 percent late August, after consumer prices rose [...]

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KKR-backed Masan seeks Vinacafe unit to tap consumption 

September 10, 2011
KKR-backed Masan seeks Vinacafe unit to tap consumption 

  Vinacafe Bien Hoa Joint-Stock Co., a unit of Vietnam’s second-biggest coffee exporter, said it received a VND1.07 trillion (US$51 million) takeover bid from Masan Group Corp. as it targets increased consumer spending. Masan Consumer Corp., a subsidiary of Masan Group and partly owned by KKR & Co., plans to buy 13.32 million Vinacafe shares [...]

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Vietnam tries to cope with new bout of gold fever 

August 27, 2011
Vietnam tries to cope with new bout of gold fever 

  In 1954, the year Vietnam was split in two by the Geneva Accords, Do Thi Mien bought her first gold ring with money she had earned selling grass to cow farmers. For more than 55 years, Mien remained a gold bug, like most of her compatriots, investing almost exclusively in the yellow metal. She [...]

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Finance ministry defends decision not to lower fuel prices 

August 15, 2011
Finance ministry defends decision not to lower fuel prices 

Gasoline prices have been kept unchanged The Finance Ministry has issued a statement standing by its decision to keep prices of petroleum products unchanged, saying a price cut is only an option after import taxes are raised. The statement, jointly issued with the Ministry of Industry and Trade, came amidst public disappointment over the news [...]

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Vietnam has large gold holdings: central bank 

August 14, 2011
Vietnam has large gold holdings: central bank 

Banks are also not allowed to sell gold Central bank statistics show that Vietnam has ample gold supplies in hand, even if the recent price hike may suggest otherwise. According to the State Bank of Vietnam, the public holds between 300 and 500 tons of the precious metal while banks have about 100 tons of gold [...]

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Strong supply keeps gold prices from quick increase 

July 18, 2011
Strong supply keeps gold prices from quick increase 

Gold set a record high this week Many Vietnamese rushed to sell gold on Thursday after a price hike, causing domestic prices to stay below world prices. Still the price of gold in Vietnam reached its all-time high of almost VND39.1 million per tael during the day. A tael is equal to 1.21 ounces of [...]

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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...