Vietnam

Vietnam businesses struggle with unreasonable loan interest rates

The five-time policy rate cut recently thus seems futile.

Vietnam businesses struggle with unreasonable loan interest rates

The five-time policy rate cut recently thus seems futile.

Vietnam's foreign investment goal "very hard to meet"

The comment came no less from the Foreign Investment Agency.

Overseas remittance to Vietnam slips by US$500M

Families relying on remittance may need to cut expenses as the global economy slows down and interest rates on the dollar are kept under control.

8 million visitors flocked to Hanoi, Vietnam

That's for the first 6 months of 2012 alone and the number continues to rise as the city targets 16.5 million tourists by 2015.

Vietnam bullish on 1Q12 economic data

Four months’ export turnover up 22.1% to US$33.4 billion, while international tourism soars by 22.9% totaling to 2.4 million.

Economic restructuring project set to solidify Vietnam's financial security

The plan covers a targeted yearly growth of 7-8% and includes creating room for more private businesses to develop.

Spike in oil price accelerates growth in Vietnam's motorcycle engine oil market

The country’s four biggest local brands Mekong Oil, Prolimex, Vilube and Mipec have grown substantially from 7 percent in 2010 to 11 percent in 2011 percent.

Recovering Vietnam firms hungry for PCs

A buying binge of desktop computers and laptops is in the offing for 2012.

Vietnam's BIDV gets $200M loan from Chinese bank

The China Development Bank will lend US$200 million to the Bank for Investment and Development of Vietnam to develop several projects.

Vietnam creates stricter rules for new banks

Vietnam is restricting the establishment of new banks.

Outlook on Vietnamese banks negative over the next 12-18 months

Vietnam’s accommodative monetary policy has resulted in high inflation and prohibitive borrowing costs.

Growing pains: Vietnam’s growth falls short at 6.5%

DBS says the country’s inflation will likely register a high 18.6% this year.

Keppel Land’s Riviera Point 70% sold prior to public launch

This condominium development in Vietnam is currently the tallest in District 7, Ho Chi Minh City.