Posts Tagged ‘ Would Increase ’

Viet Nam’s small businesses confident about growth: survey

February 5, 2010
Viet Nam’s small businesses confident about growth: survey

Business confidence among Viet Nam’s small- and medium-sized enterprises (SMEs) climbed 10 points in the fourth quarter last year, . . . Sandy Flockhart, HSBC’s chairman of personal and commercial banking, said: “Our small business confidence index is telling us that confidence levels are back to pre-financial crisis levels. Not only are SMEs confident that [...]

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Ministry says 4.9 percent electricity price increase is the best option

January 28, 2010
Ministry says 4.9 percent electricity price increase is the best option

LookAtVietnam – MOIT has submitted to the Prime Minister suggested plans to raise the electricity price by 4.9 percent. Deputy Minister of Industry and Trade Bui Xuan KhuHere MOIT’s deputy minister Bui Xuan Khu explains the reasoning. VietNamNet: Could you please tell us more about suggested plans by MOIT regarding the electricity price in 2010? Bui Xuan [...]

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VN imports 1.6m computers in 2009

January 17, 2010
VN imports 1.6m computers in 2009

A showroom sells imported computers and laptops on Ly Nam De Street.LookAtVietnam – The country last year imported an estimated 1.6 million computers of all kinds, up 35 per cent over the previous year, according to marketing director of Intel Viet Nam Pham An Duong.Duong said that computer prices last year were about 10 per [...]

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2010 CPI hard to stay at 7%: experts

December 18, 2009
2010 CPI hard to stay at 7%: experts

The consumer price index (CPI) for 2010 is hard to predict as both the global and local economies have only recently seen signs of recovery from the recession. December CPI alone would increase by 2-3%, much higher than the 0.55% in November, because prices of some commodities, including rice, gas, and oil, started to surge.Tran [...]

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Drug prices surge despite gov’t warning

December 5, 2009
Drug prices surge despite gov’t warning

In less than two weeks, drug prices have increased by 10-30 percent throughout the country, in spite of warnings to pharmacies from the Vietnam Drug Administration. A customer purchases pharmaceuticals in Ho Chi Minh City. In the last two weeks, the price of several drugs has soared, putting a strain on the poor in particular [...]

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Water price tipped to rise

September 17, 2009
Water price tipped to rise

LookAtVietnam – The Ha Noi Water Supply Company yesterday, September 16, announced a proposal to increase the safe water fee in the city, in order to offset high production costs. Ha Noi Water Supply Company employees wash down pipes at a water production plant. The company proposes to increase safe water fees to offset production [...]

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HCM City readies consumer stimulus package for Tet

September 4, 2009
HCM City readies consumer stimulus package for Tet

LookAtVietnam – The HCM City Commercial Department will provide interest-free loans worth more than VND410 billion to traders of key goods for the Lunar New Year. After receiving the loan, traders will have to sell their goods at prices 10 per cent below normal market prices in the 15 days before Tet and 30 days [...]

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BUSINESS IN BRIEF 2/6

June 3, 2009
BUSINESS IN BRIEF 2/6

Clothing, shoe exports hit skids; SAVICO lists on HCM City bourse; Company lists ‘golden stocks’ for investment Binh Dinh Footwear Co workers make shoes for export. Apparel and footwear exports fell in the first five months of the year. Apparel and footwear export turnover for the first five months of the year decreased from the [...]

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Prices skyrocket ahead of long holiday: shortage or greed?

April 24, 2009
Prices skyrocket ahead of long holiday: shortage or greed?

A pork stall at a HCMC supermarket. The prices of many food items have recently shot up and the reasons are not clear. Bus operators have raised fares while food suppliers blame higher prices on shortages, a claim denied by officials. Trang, a resident of Ho Chi Minh City’s District 1, was standing in front [...]

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Pepper exports nothing to sneeze at

April 21, 2009
Pepper exports nothing to sneeze at

LookAtVietnam – Black pepper exporters shipped, more than 27,000 tonnes in the first quarter of the year, worth nearly US$66 million, an increase of 79.7 per cent in volume and 16 per cent in value over the same period last year, according to the Viet Nam Pepper Association. The association has estimated that 2009 yields [...]

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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...