FINANCIAL ANALYSIS
Firms forced to cut costs to remain afloat
As many as 83 major companies and four banks in the country have registered to cut operational costs by some VND13 trillion (US$624 million) in a bid to stay afloat in the economic downturn, the Ministry of Finance said.
Xem thêm »The newest "Government at loss over gold price disparity"
The gap between domestic and global gold prices remains large despite the Government′s efforts, according to independent market experts. Experts said in April that the State Bank of Viet Nam issued a decree to restrict trade in gold bullion to stabilise the gold market, check hoarding and speculation, narrow the gap between the domestic and…
Xem thêm »HCM City firms seek 35,000 new employees – New changes
HCM CITY — In March HCM City is forecast to require 35,000 additional workers for the textile, leather and footwear, construction, power supply, electronics and telecom, marketing, and services sectors.
Xem thêm »US favours Vietnamese produce
HA NOI — The US market has been importing increasing volumes of Vietnamese fresh fruit and vegetables, according to the Ministry of Industry and Trade′s Export-Import Department.
Xem thêm »Internet helps boost national economy
HA NOI – The internet contributed 0.9 per cent to Viet Nam′s total GDP and accounted for 1.6 per cent of the 14.4 per cent annual GDP growth rate, a conference heard today.
Xem thêm »Increased local buying pushes up stocks
HA NOI – Investors bought more low-valued shares, pushing up the indices on both national stock exchanges this morning.
Xem thêm »Businesses call for lower interest rates
HCM CITY — The HCM City People′s Committee and local enterprises want the Government to ensure that annual interest rates are between 14 and 15 per cent on loans taken out by enterprises involved in production and trading, and that banks′ bad debts are settled soon.
Xem thêm »Baker Kinh Do to take over smaller rival
HA NOI — Shareholders of commercial bakery company Kinh Do (KDC) have approved a plan to merge with HCM City-based Vinabico Confectionery Company.
Xem thêm »Nation′s April CPI rise lowest in 5 years
HA NOI — The national consumer price index (CPI) this month showed the lowest April increase in five years, the General Statistics Office said yesterday.
Xem thêm »Investment bank gets award for long service
HA NOI — The Bank for Investment and Development of Viet Nam (BIDV) received on Sunday the State′s first-class Independence Order for the second time on the occasion of its 55th anniversary.
Xem thêm »