Vietnam’s trade deficit narrowed sharply to $9.5 billion in 2011, the lowest level in a decade, government estimates showed Wednesday, though concerns over the country’s economic stability remain.

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Vietnam trade deficit hits decade low in 2011

Vietnam’s central bank unveiled plans to create a three-tiered financial industry dominated by 15 lenders as part of efforts to allay concerns over the nation’s banking system.

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Vietnam wants 15 large banks by 2015 to strengthen system

The flooding that has ravaged Thailand over the past three months has hurt not only the country’s automobile industry but also that of Vietnam, as Thailand is a major provider of auto parts here.

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Vietnamese auto industry affected by floods in Thailand

The amount of counterfeit money surfacing over the first half of 2011 fell sharply by 24 percent from a year ago, the State Bank of Vietnam said Thursday.

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Vietnam’s counterfeit currency in decline

Vietnam’s trade deficit has just kept ballooning over the years and economists don’t see it stopping any time soon, given the country’s heavy reliance on imported materials and machinery.

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Vietnam trade deficit going no way but up

Interest rates are likely to fall in June as the government is tightening control over the ceiling rate and taking strong measures to combat dollarization, a government advisor says.

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Interest rates set for mid-year fall

The Ministry of Construction on Monday launched an inspection into real estate exchanges in Hanoi and Ho Chi Minh City in an attempt to tighten control over the property market.

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Real estate exchanges probed to ‘restore order’

Seasonal flooding on the Mekong River that usually begins in early August has not yet started in Vietnam’s southern delta rice basket, raising questions over the country’s biggest rice crop of the year.

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Flooding delay sparks rice crop worries

State-owned power utility Electricity of Vietnam has reached an agreement with telecommunication firms over the use of its electric poles and rental fees.

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EVN, telecom firms reach pole rental agreement

CapitaLand Ltd., Southeast Asia’s biggest developer, plans to double its real estate investment in Vietnam over the next three to five years, Singapore-based Channel News Asia said in a report Monday.

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CapitaLand to double investment to Vietnam: report