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Interest on dollar deposits rises

HCM   City  , July 14 (VNA) — Many commercial banks are violating the central bank''s deposit interest-rate cap on the US dollar, according to independent market watchdogs.      

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Vietnam, US boost economic, trade relations

Hanoi  , July 11 (VNA) – US Under Secretary of State Robert Hormats has participated in a roundtable discussion with outstanding Vietnamese entrepreneurs, seeking ways to boost economic and trade relations between the two countries.    

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Business confidence grows after economic recovery in Q2

Hanoi, July 10 (VNA) – The Vietnam’s Business Confidence Index (BCI) in the second quarter of this year rose seven points over the previous quarter and was 20 points higher than the third quarter in 2008 when the BCI was first compiled, showing that the country’s business community has confidence in the country''s economic recovery, according to a survey conducted by World Vest Base Financial Intelligence Services Company Vietnam (WVB FISL).

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Banks ordered to cut interest on old loans

Hanoi  , July 9 (VNA) — State Bank of  Vietnam  Governor Nguyen Van Binh has asked commercial banks to refinance outstanding loans at lower interest rates in a bid to help businesses facing difficulties.       

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Property firms receive reminder

HCM City, July 9 (VNA) – In an aim to prevent illegal activity in the property sector, the Ho Chi Minh City administration has directed the Department of Construction to distribute legal documents on real estate business and services to property transaction floors.   

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Industrial index up 4.5 percent in first six months

Hanoi , July 9 (VNA) - The domestic index for industrial production has increased by 4.5 percent in the first six months of this year, much lower than the rise of 12.7 percent recorded in the same period last year.       

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Indonesian President urges more trade between ASEAN & Latin America

Jakarta, July 9 (VNA) - Indonesian President Susilo Bambang Yudhoyono on July 9 called on businesspeople in ASEAN and Latin American regions to boost bilateral trade and investment as they have not fully tapped their potential for the benefit of people in the two emerging markets. 

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Da Nang hosts Vietnam-Laos Investment Conference

da nangDa Nang , July 8 (VNA) – Deputy Prime Minister Nguyen Xuan Phuc and his Lao counterpart Somsavath Lengsavad co-chaired the Vietnam-Laos Economic and Investment Cooperation Conference in central  Da Nang  city on July 7.    

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Asia resumes rice imports from Vietnam

Hanoi  , July 6 (VNA) – The Republic of Korea has started to import rice from Vietnam again, while Japan and  China  are considering the possibility, according to the Vietnam Food Association (VFA).       

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Rice exports decrease in first half

 HCM  City , July 6 (VNA) — Rice exports fell in both volume and value terms in the first half of this year, the Vietnam Food Association has said.

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