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Buyer confidence rises three points in fourth quarter

Vietnamese consumer confidence stands at 99 points for the forth quarter of 2011, an increase of three points against the previous quarter. This was the first confidence increase in 2011, after decreasing for the first three quarters consecutively, according to the Nielsen Global Survey of Consumer Confidence and Spending Intentions.

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Vietnam denies US dumping claims

Vietnamese enterprises did not dump wind turbine towers on the US market, said Foreign Ministry spokesman Le Thanh Nghi on Feb. 9.

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UK back on VN\'s top 10 tour markets

The UK has for the first time in seven years become one of Vietnam's top 10 tourism markets, with nearly 18,000 Britons coming here in January 2012, a year-on-year increase of 39.7 percent, according to the Vietnam National Administration of Tourism (VNAT).

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State Audit to dig into land use

The State Audit of Vietnam on Feb. 9 made public its audit plan for this year, with a focus on issues related to land use management, mining and social security.

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Hanoi funds price stabilisation effort

The People's Committee of Hanoi has decided to advance 94 billion VND (4.5 million USD) from the city financial reserve fund for the third phase of price stabilisation of essential goods after Tet (lunar new year).

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Scrap collector becomes honoured entrepreneur

Even in her wildest dream, scrap collector-turned-microenterprise-owner Duong Thi Tuyet from a small village in northern Vietnam never thought she would be on stage at Paris' Louvre Museum – one of the world's greatest arts museums.

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ADB provides loan to power sector

The Asian Development Bank (ADB) has provided loans worth almost 121 million USD as part of Vietnam ’s 730 million USD electricity transmission network programme.

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Project takes off to expand Phu Yen airport

A project to expand Tuy Hoa Airport in the central province of Phu Yen was officially launched during a ceremony held by the Ministry of Transport on Feb. 12.

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Blue chips lead plunging market

Shares continued to retreat on Feb. 13 on profit-taking, closing the first session of this week down on both national stock exchanges with over 55 percent of codes losing value, led by blue chips.

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Surplus sours mood for sugar producers

Vietnam will have a sugar surplus for the first ever time this year, and is looking at ways to export the commodity.

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