Current social housing regulations need further revision. Under existing laws, social housing owners are illegible to sell and rent their houses. A violation was currently unveiled in Hanoi’s Ha Dong district associated with a social housing project for low-paid people. Accordingly, owner Cao Thi Loan sold her apartment at the residential complex for low-income people [...]
When the Financial Times reported that Switzerland enjoyed a $3.9 billion trade surplus in May due to less gold jewelry export from Vietnam, it caught the eyes of many Vietnamese economists. The disappearance of the gold ornaments imported from Vietnam shaved Switzerland 918 million francs ($1.1 billion) off imports, said AFP, citing Swiss customs. So, [...]
Closing the last trading session of June, the VN Index lost another 2.06 points or 0.47 percent to 432.54 pts. The market liquidity reached only 22.94 million shares worth 387.43 billion dong, falling 55 billion dong from the previous trading session. At the closing time, the market saw 78 gainers, 160 losers. Almost key stocks [...]
Over 200 delegates from 11 countries participated in a conference on mineral potential of Vietnam held in Hanoi on June 28. Deputy minister of Natural Resources and Environment Nguyen Linh Ngoc informed that Vietnam boasts rich mineral reserves, but has not been exploited effectively. Vietnam has many kinds of minerals like Vonfram, lead, zinc, titanium, [...]
As of early June, the total outstanding loans for real estate sector saw a fall of 9.46 percent from late 2010 and accounted for 16.91 percent of the total outstanding loans for the economy, the State Bank of Vietnam (SBV) said. Previously, till the end of May 2010, 18 commercial banks reported non-production loans at [...]
Citibank Vietnam has become a member of the Vietnam Bank Card network (VNBC) after signing an agreement with ViNa Brilliant Card Company as the network operator, the bank said on Monday. This partnership will allow Citibank Vietnam customers to access their accounts and banking services free of charge at 1,800 VNBC member banks’ ATMs nationwide, [...]
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