News

Standard Chartered now VN credit ratings adviser

Hanoi, Mar. 23 (VNA) - Standard Chartered Bank (SCB) of the UK will advise on improving Vietnam ’s sovereign credit rating.

Surplus-housing buy boosts shares

Hanoi , March 23 (VNA) — The VN-Index closed unchanged on March 22 at 445.67 points, after shares on the HCM Exchange recovered at mid-day from losses earlier in the session.

Banks asked to lower lending interest rates

Hanoi, Mar. 23 (VNA) – The State Bank of Vietnam has asked State-owned, commercial banks and joint stock banks in which the State holds more than 50 percent of their registered capital to cut operation costs and lower lending interest rates.

VN takes part in tourism exhibition in Russia

Moscow , March 23 (VNA) – Thirteen Vietnamese travel agencies are participating in the Moscow International Travel and Tourism Exhibition (MITT-2012) to promote popular sites of Vietnam in Russia .

Trade deficit hits 250mln USD in Q1

Hanoi, Mar. 24 (VNA) — The country was estimated to face a trade deficit of 150 million USD in March, lifting the total figure in the first quarter to 250.9 million USD, the General Statistics Office (GSO) reported.

CPI ups only 0.16 percent despite petrol price hike

Hanoi , Mar. 24 (VNA) - The country’s Consumer Price Index (CPI) in March rose only 0.16 percent against the previous month, despite petrol price increasing by 10 percent, the General Statistics Office (GSO) said.The figure, however, reflected a year-on-year increase of 15.95 percent.