Posts Tagged ‘ traders ’

Shoppers dance with the butchers in Vietnam market 

December 20, 2011
Shoppers dance with the butchers in Vietnam market 

  Butchers and customers dance as morning exercise at Nghe An Province’s Ben Thuy Market.   Small traders at a market in north-central Vietnam have managed to lose weight after opening a dance club around and even on their stalls.   Market-goers at Ben Thuy Market in Nghe An Province’s Vinh Town have humorously call the [...]

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CME’s Duffy vs MF Global’s Corzine: A question of trust 

December 19, 2011
CME’s Duffy vs MF Global’s Corzine: A question of trust 

Terrence Duffy, executive chairman of the Chicago Mercantile Exchange (CME) Group. The drama over the meltdown of the brokerage firm MF Global pivots around a clash between two veteran traders who rose from relatively humble roots to the very top of the futures-trading business. One is Jon Corzine, the firm’s former CEO who just testified [...]

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Vietnam stock traders at risk as brokerages struggle 

December 16, 2011
Vietnam stock traders at risk as brokerages struggle 

Investors at SME Securities Corp. Many stock investors are facing the risk of losing all their money as securities companies — after illegally using funds deposited by clients — are stuck in liquidity problems. Economist Dinh The Hien said a lot of stock brokerages have acted like small banks. Although they are not allowed to, [...]

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Vietnam's new gold trade rules will hurt consumers: experts 

November 21, 2011
Vietnam's new gold trade rules will hurt consumers: experts 

  Bao Tin Minh Chau gold bars are displayed for sale at a gold shop in Hanoi Experts say gold buyers may fall victim to new restrictions planned for the bullion market, with concerns rising over potential monopolistic control. Dinh Nho Bang, vice chairman of the Vietnam Gold Traders Association, said the plan to reduce [...]

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MF Global bust erodes trust in brokerages 

November 12, 2011
MF Global bust erodes trust in brokerages 

    A man talks on the phone inside the office complex where MF Global Holdings Ltd have an office on 52nd Street in midtown Manhattan New York, October 31, 2011. Almost two weeks after the bankruptcy of commodities firm MF Global, customers at rival firms are all asking the same question: How safe is [...]

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Gold production restrictions may cause black market to rise: economists 

November 9, 2011
Gold production restrictions may cause black market to rise: economists 

Gold bar producers are required to have a minimum market share of 25 percent under a new draft decree Economists warned that a plan to reduce the number of gold producers can lead to a supply shortage and the emergence of a black market, news website VnExpress reported Monday. The warnings came after the central [...]

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Fuel traders aren’t losing; the people are losing 

October 7, 2011
Fuel traders aren’t losing; the people are losing 

  During a rare burning argument over recent fuel price adjustments at a conference on Tuesday, Finance Minister Vuong Dinh Hue asked local fuel companies to quit trading in fuel if they can’t survive with the current prices. “The Ministry of Finance doesn’t leave any business out. If our management causes damages to businesses, we [...]

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Agricultural exports falter despite high prices 

September 4, 2011
Agricultural exports falter despite high prices 

Farmers transport rice after harvesting it outside Hanoi. Vietnam is expected to export a record 7.3 million tons of rice this year. The prices of many agricultural products are rising in the world market, but Vietnamese exporters may not be able to capitalize on this opportunity because their stocks are thin. Coffee prices have surged [...]

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New bird flu virus mutation threatens Vietnam 

September 3, 2011
New bird flu virus mutation threatens Vietnam 

  Experts urge better detection and poultry production practices in response to a new mutant strain of H5N1 appearing in the northern and central parts of the country Cooked chicken are displayed for sale on a street in Hanoi. The United Nations Food and Agriculture Organization warned against a new strain of H5N1 virus in [...]

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Gold frenzy a result of weak market regulations 

August 23, 2011
Gold frenzy a result of weak market regulations 

An employee looks at jewelry at a gold shop in Hanoi. The central bank estimated individuals were holding between 300 and 500 tons of gold. The recent gold frenzy has exposed several weaknesses in market regulations and it’s time to set up an official exchange to put gold trading back in order, experts said. Vietnam’s [...]

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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...