August 13, 2011
After holding steady for months against the dollar, the Vietnamese dong began to show signs of weakening this week The Vietnamese dong has weakened after holding steady for months against the dollar, following a gold hoarding panic over the weekend. Commercial banks lowered the dong against the dollar on Thursday, increasing the exchange rate to [...]
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January 28, 2010
Foreign tourists to Vietnam up 20 percent in January; Vietnam Airlines opens first European rep. office; Vietnam to grow by 6.5 pct: EuroCham director Phu Quoc islandThe number of overseas arrivals to Vietnam in January reached about 416,000, an increase of 20.4 percent over the same period last year and 10 percent compared with December, [...]
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January 11, 2010
Many enterprises are very worried about rising sugar prices as they prepare for the peak production period of the year with the Tet (Lunar New Year) festival just weeks away. LookAtVietnam – Many enterprises are very worried about rising sugar prices as they prepare for the peak production period of the year with the Tet [...]
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January 9, 2010
Despite the recent hike, sugar prices in the country are not that high compared to the regional market. Many enterprises are very worried about rising sugar prices as they prepare for the peak production period of the year with the Tet (Lunar New Year) festival just weeks away. On December 30, sugar was priced at [...]
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December 25, 2009
LookAtVietnam – Deputy director of the Market and Price Research Institute Tran Dinh Anh sees the appreciating dollar as positive news for Vietnam. Deputy director of the Market and Price Research Institute under the Ministry of Finance Tran Dinh Anh In an interview given to Thoi bao Kinh te Saigon, Anh said: Thoi bao Kinh te [...]
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December 4, 2009
LookAtVietnam – The rice price has been escalating, prompting stockpiling and triggering rumors that events could mirror the rice price fever that took place in early 2008. Deputy Minister of Industry and Trade Nguyen Thanh Bien As a reaction deputy minister of industry and trade Nguyen Thanh Bien has reassured the public that Vietnam does [...]
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December 3, 2009
The State Audit Office of Viet Nam conducted financial audits of 133 major State-owned enterprises during 2006-08 and unearthed nearly VND6.6 trillion . . . By signing futures contracts for fuel during 2008-09, Jetstar Pacific Airlines had already lost over $31 million due to the plunging price of oil on the world market.Among the enterprises [...]
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November 24, 2009
LookAtVietnam – Vinafood 2 won a bid to export 150,000 tonnes of rice to the Philippines, which, analysts believe it will push up export rice prices. According to Saigon Tiep Thi, Vinafood 2 won the rice exporting contract at the relatively high price of $480 per tonne – much higher than previous deals. Therefore, Agroinfo, [...]
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November 20, 2009
LookAtVietnam – A new decree on rice exports may be issued soon. Strangely, the Farmers’ Union has not been officially consulted about its provisions. Tuoi tre interviewed the Chairman of the Vietnamese Farmers’ Union (VFU), Nguyen Quoc Cuong, to find out more. Cuong said that the decree has gone through four drafts, but the Trade [...]
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November 13, 2009
LookAtVietnam – The gold price dropped one million dong per tael from yesterday afternoon. People are rushing to sell gold, fearing further price drops. At 9 am this morning, SJC gold was priced at 25.90-26.5 million dong per tael (purchase and sale) in HCM City, a sharp price decrease of 1.3 million dong per tael. [...]
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