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Following two hikes earlier this year, oil firms cut A92 prices by VND500 a liter on orders from the government as prices slide in Singapore
Vietnam’s biggest oil company will explain on its website how it prices fuel at the pump following the government’s move to deregulate prices
Vietnam’s economy is expected to grow 5.7-5.9 percent in the first quarter from a year earlier and the trade deficit will widen to US$2.6 billion by end-March, the government says
Indochina Airlines Joint-Stock Co., the first private airline to run flights in Vietnam, suspended service and is seeking more funding by November to resume operations after the government revoked its traffic rights.
The State Audit of Vietnam said Thursday its main task this year would be to review the government’s loan subsidy program and tax incentives offered last year.
Vietnam’s major state-owned firms have sold US$450 million to banks since the government ordered such sales to ease a dollar shortage that helped push down the value of the dong, the government said
Vietnam gold exchanges said they would close far ahead of the government’s deadline due to a halting decline in trading volumes.
The Vietnam Steel Association has requested the government to conduct an inspection into steel projects of state-owned shipbuilder Vinashin, saying they are out its area of expertise and therefore ineffective.
Vietnam’s crude oil output plunged 26.2 percent in January from the same month a year ago, the government said on Friday.
Vietnam’s biggest listed banks, including Joint Stock Bank for Foreign Trade of Vietnam, reported an increase in 2009 earnings as the government’s stimulus package boosted lending.
Vietnam’s biggest banks post surge in earnings on stimulus plan