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Students to teach basic money management

Students to teach basic money management HA NOI (VNS)— University students will be able to compete to take on the role of financial literacy experts and guide their peers through basic money management concepts such as saving and budgeting, with the 2013 Practical Money Skills campaign by Visa and the Central Committee of Viet Nam Students’ association (CCVSA). The campaign, ... Read More »

NZ supports central province

NZ supports central province BINH DINH (VNS)— New Zealand will orient its cooperation with Viet Nam to a strategic partnership with the intensive development of projects in central Binh Dinh province. The statement was made by New Zealand Ambassador to Viet Nam Haike Manning at a press briefing in Binh Dinh’s capital city of Quy Nhon city on Wednesday. Speaking ... Read More »

Auto sales up 97% in March

Auto sales up 97% in March Domestic auto sales last month hit nearly 8,390 units, down 4 per cent over the same period last year, but up a significant 97 per cent since February, said the Viet Nam Automobile Manufacturer’s Association.— Illustrative image/VNA/VNS Photo HA NOI (VNS)— Domestic auto sales last month hit nearly 8,390 units, down 4 per cent ... Read More »

Cosmetics, wellness products on display

Cosmetics, wellness products on display HCM CITY (VNS)— An international exhibition and conference on cosmetics, beauty, hair and spas opened yesterday in HCM City. It will provide beauty specialists with the latest information on industry trends and allow them to network and seek new business opportunities. To be organised at the Saigon Exhibition and Convention Centre until tomorrow, Cosmobeaute Vietnam ... Read More »

Shares slump on cautious sentiment

Shares slump on cautious sentiment HA NOI (VNS)- Investors were cautious in trading this morning, pulling down both stock indices and values of trades. On the HCM City Stock Exchange, the VN-Index stood at 499.30 points by the end of the morning, off 0.95 per cent from yesterday’s close. A sell-off of blue chips was responsible for the market downturn, ... Read More »

SBV to slash interest rates further to make loans approachable to businesses

VietNamNet Bridge – Despite the successive interest rate reductions, the interest rates in Vietnam are still the highest in the region.   Vietnam’s interest rates higher than any others’ Under the latest decision by the State Bank of Vietnam, the ceiling lending interest rate applied to 5 priority business sectors is 11 percent per annum, commencing from March 26. Commercial ... Read More »

Market rises on blue chip recovery

Shares recovered on April 11 after an unexpected steep plunge on April 10 afternoon thanks to blue chip rally. On the HCM City Stock Exchange, the VN-Index recouped 1.52 percent to close the April 11 session at 504.07 points while the VN30 tracking the top 30 shares was also up 1.32 percent at 565.76 points. According to stock analysts, slumps ... Read More »

Forum smoothes the way for exports

The Vietnam Export Promotion Forum 2013 took place at Giang Vo Trade Fair and Exhibition Centre in Hanoi on April 11 as part of the 23rd Vietnam Expo. Themed “Promoting sustainable export development”, the forum focused on exchanging issues of common concern for Vietnamese exporters, including market updates, impacts of new policies on exports, and experience sharing in trade and ... Read More »

Auto sales up 97 percent in March

Domestic auto sales last month hit nearly 8,390 units, down 4 percent over the same period last year, but up a significant 97 percent since February, said the Vietnam Automobile Manufacture’s Association (VAMA). Compared with February, sales of commercial vehicles rose by 75 percent to more than 2,800 units, while trucks grew 111 percent to 5.600 units. Of the total, ... Read More »

Modern rice storage system installed in Mekong Delta

A storage system capable of storing up to 4 million tonnes of paddy rice in the Mekong Delta is expected to be operational by the end of this year, after three years of construction. Located in 52 locations in 13 Mekong Delta provinces and cities and Ho Chi Minh City, storages will be operated mechanically and automatically, enhancing productivity and ... Read More »