Several subsidiaries of Vietnam National Shipping Lines have continued to post huge losses for last quarter, raising doubts about the impressive profits the state shipper has reported.
Posted on 14 May 2012 by tri
Several subsidiaries of Vietnam National Shipping Lines have continued to post huge losses for last quarter, raising doubts about the impressive profits the state shipper has reported.
Posted on 14 May 2012 by admin
The demonstration fight of a Russian aircraft manufacturer in Vietnam has been canceled after its airplane went missing and was found wrecked in Indonesia on Wednesday.
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Russian aircraft maker cancels demonstration flight in Vietnam
Posted on 14 May 2012 by tri
Vietnam National Shipping Lines has scaled down a plan to expand its fleet, cutting the cost estimate by one-third to VND68 trillion amid criticism that the state shipper is operating ineffectively.
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Vietnam state shipper scales back expansion plan amidst criticism
Posted on 14 May 2012 by admin
Vietnam needs to step up efforts to reform the banking and state-owned enterprise sector to have higher sovereign ratings, Fitch has said in a new report, affirming the country’s foreign and local-currency issuer default ratings at B+.
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Fitch affirms B+ ratings for Vietnam, calls for more reform
Posted on 14 May 2012 by admin
Vietnam’s retail sector is struggling as sales have fallen to an alarming low, an industry group said, urging the government to take measures to boost consumption.
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Vietnam retailers in trouble as growth dip to new lows
Posted on 13 May 2012 by hoang
The State Bank of Vietnam says weak commercial lenders in the country are under control as the restructuring of the banking system is well under way.
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Vietnam’s weak banks under control: official
Posted on 13 May 2012 by tri
Vietnam needs to revise regulations on the pricing of fuel products to bring them in line with market trends, an official said, adding that it would take a long time.
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Vietnam’s fuel pricing policy needs to be changed: official
Posted on 13 May 2012 by hoang
State utility Electricity of Vietnam is considering a plan to raise power prices by up to 10 percent due to increased input costs, a government official said.
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Power prices may go up 5-10 percent: gov’t official
Posted on 12 May 2012 by hoang
Dramatically improved inflation, now down to 10.5 percent compared with 23 percent less than a year ago, increases the appeal of Vietnam as an investment destination.
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Vietnam inflation, trade progress may be temporary
Posted on 12 May 2012 by admin
The Ministry of Construction plans once again to push for the development of small apartments, but critics say the idea will yield no long-term benefits and goes against the goal of improving housing quality in Vietnam.
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Mini apartments go against development trend, experts say