Update February, 04 2012 10:20:01
Poor Tet sales leave firms with stockpiles
February, 04 2012 09:46:35
Many companies that participated in HCM City's Tet price-stabilisation programme are struggling to liquidate the stocks they had built up following unusually sluggish demand during the year's biggest festival.
February, 04 2012 09:50:00
Steel makers face tough year
Steel manufacturers would face many difficulties this year after poor sales due to the global economic crisis and some would have to restructure, halt production or go bankrupt, according to the Viet Nam Steel Association.
February, 04 2012 09:47:00
President supports business youth
President Truong Tan Sang yesterday affirmed that the Party and State would guide the implementation of the Politburo's Resolution No9 on promoting the role of entrepreneurs in Viet Nam in the period of industrialisation, modernisation and international integration.
February, 04 2012 09:45:33
Reserve rules eased for five banks
The State Bank of Viet Nam granted permission on Thursday to five credit institutions to maintain compulsory reserves for Vietnamese dong deposits at below regulated levels for a five-month period beginning February 1.
February, 04 2012 09:44:33
Dumping claim over clothes hangers
The US Department of Commerce has instituted an anti-dumping action and filed countervailing duty petitions against steel garment hangers from Viet Nam and Taiwan.
February, 04 2012 09:43:31
Gov't urged to cut gas import tax
The Viet Nam Gas Association has proposed in an official letter to the Prime Minister and the Finance Ministry that the tax on imported gas be reduced from 5 per cent to 2 per cent.
February, 04 2012 09:32:52
Builders focus on low-cost housing
A growing number of domestic real estate developers in HCM City are focusing on the low-cost housing sector in an attempt to better survive during the current period of reduced property activity.
February, 04 2012 09:27:50
Real estate firms decry new home tax
The municipal Construction Department has proposed the collection of a housing tax in addition to levies collected on land, but real estate firms feel the time is not right for such a move.
February, 04 2012 09:26:42
Market brightens for industrial park developers
Things are looking up for the industrial park property market this year with many projects likely to be implemented with "multi-use" components, according to property service provider CB Richard Ellis (CBRE) Viet Nam.
February, 04 2012 09:25:52
Phu My Fertiliser profits up 91.1%
Phu My Fertiliser (DPM) reported a huge profit last year of over VND3.1 trillion (US$147.6 million), up 91.1 per cent compared to 2010.
February, 04 2012 09:25:19
FPT plans to form retail affiliate
Software company FPT has announced its intention to invest in FPT Retail Co as a founder. The software giant will contribute VND85 billion (US$4 million) to FPT Retail, holding a 85 per cent stake.