Vietnam’s export rice price may increase thanks to the possibility that Thailand’s customers will switch to buy Vietnamese rice. According to data compiled by Bloomberg, 100% B grain rice of Thailand is offered at $627 per tonne (FOB price), higher than $619 per tonne in previous week. This type of rice has ever reached 3-year [...]
To many farmers in the Mekong Delta region, the bumper fruit harvest this year just means massive losses since prices have dropped by more than a half after foreign importers stopped buying them. In Ben Tre Province’s Cho Lach District, the Mekong Delta’s fruit basket, most farmers are unhappy with their bountiful rambutan, dragon fruit, [...]
Thirteen Thai software developers gathered in Vietnam on September 27 for a workshop “Growing up with Thai software” and to seek local partners. The developers target tourism, hotels, banking, insurance, hospitals, tax administration and telecommunications. They discussed the development of the software industry in Vietnam and the application of IT programmes for the tourism industry, [...]
The leadership roles of Vietnamese Chief Information Officers (CIO) were recognised and highly appreciated by leaders, experts and the IT community at the CIO Summit 2011 themed: Vision and Responsibility, in Hanoi on September 29. Speaking at the three-day meeting, deputy minister of Information and Communications Nguyen Minh Hong said the world has seen an [...]
Vietnam National Oil and Gas Group (PetroVietnam-PVN) may cancel its plan to sell US dollar bonds this year due to the unfavourable economic conditions, according to the Dow Jones Newswires citing an unnamed official from PVN. Earlier this year, PetroVietnam said it planned to raise US$500 million to US$1 billion through the issuance of bonds [...]
The State Bank of Vietnam (SBV) has announced the interbank average forex rate today Friday September 30 at 20,628 dong/US dollar, remaining unchanged for 32 consecutive days. This is the longest period the interbank average forex rate has been kept stable since the central bank officially applied the daily forex rate adjustment on February 11, [...]
The chair of Quang Nam Province People’s Committee, Le Phuoc Thanh has in principle approved Song Xanh Hoi An Joint Stock Co to become the main investor of Faifo Hotel, a five-star hotel. It will be a 22-storey hotel to be built in an area of over 5,600 square metres in Ha My coast, Dien [...]
Bui Minh Chinh, general director of Petro Capital and Infrastructure Investment Joint Stock Co. (PTL) said that the company has speeded up the implementation process in Cu Hin-Cam Ranh ecological villas and golf course project. At present, some banks have pledged to fund 100 billion dong for the project. The company planned to start selling [...]
In the four trading sessions from Sept. 26-29, 2011, the State Bank of Vietnam (SBV), the country’s central bank injected five trillion dong on open market operations (OMO) with the interest rate of 14% for the repo term of 14 days, but it did not withdraw any capital, according to the data of global financial [...]
Total trading value on the interbank market in the week from Sept. 17 – 23 was estimated at approximately 116.949 trillion dong and US$2.641 billion, an average of 23.39 trillion dong and US$528 million/day, VietBiz24.com quoted the latest report from the State Bank of Vietnam (SBV) on Friday. Thus, compared with the week of Sept. [...]
Subscribe via Email 
Subscribe in a Reader 
Follow us on Twitter 
Connect on Facebook
Gold price Silver prices