The State Bank of Vietnam (SBV) said it will maintain its interest rate cap between now and June this year.
Insurer Bao Viet Holdings (BVH) and food giant Masan Group (MSN) hit their ceiling prices on Jan. 11 on the HCM Stock Exchange, rescuing the benchmark VN-Index from a decline.
Stocks continued rising on the HCM City Stock Exchange yesterday but slid again on the Ha Noi exchange as investors continued to hold onto cash in the lead-up to the Tet (lunar new year) holiday.
Many Vietnamese banks are planning to invest in Cambodia because a more favourable climate for growth is expected this year.
Shares surged on both of the nation's stock exchanges on Jan. 30, the first day of trading following the long Tet (lunar new year) holiday, as Minister of Finance Vuong Dinh Hue dropped in on the floor of the Hanoi Stock Exchange.
Vietnamese counsellor in Myanmar Tran Phuoc Anh has affirmed that there are many opportunities to invest in Myanmar.
Business confidence and outlook among European businesses in Vietnam have been stabilised and shown a modest increase after a steep 11 point drop in the last quarter of 2011.
The Presidential Council of the World Federation of Trade Unions (WFTU) began its sixth congress in Johannesburg on Feb. 9 with nearly 100 delegates and guests from five continents taking part.
Thailand expects border trade will be worth 1 trillion THB (32 billion USD) this year after reaching 899 billion THB last year and 778 billion THB in 2010.
Inspections of fruit and vegetable producers will be conducted throughout the country in an effort to meet the European Union's regulations on plant quarantine and food safety, according to a message from the Minister of Agriculture and Rural Development, Cao Duc Phat.
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