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Tran Dac Sinh, Director General of the Exchange in Ho Chi Minh City (HOSE), discussed the prospects of the stock market in 2008.

Some experts said that the stock market in 2007 has been less successful than the previous year. Do you agree with the view?  read more »

VietNamNet Bridge – Local airlines are complaining that they cannot charter aircraft, virtually destroying their business plans. Pacific Airlines has delayed launching its new domestic routes, while Vietnam Airlines fears it cannot arrange enough planes to open the Vietnam-US direct route.  read more »

VietNamNet Bridge – Vietnamese seafood exporters have released that Spain and Portugal have refused to import Vietnam-sourced swordfish and tuna.

Immediately after hearing the decision, relevant agencies had a working session with EU officials about the issue.  read more »

 HANOI, Dec 24 (Reuters) - Vietnam's economy is estimated to expand 8.44 percent this year but its inflation would be above the growth rate, with prices jumping to a record 12.6 percent in 2007, state-run newspapers quoted a government official as saying.

Planning and Investment Minister Vo Hong Phuc estimated higher prices of food and fuel were behind the consumer price index rise of 12.63 percent, the Saigon Giai Phong (Liberation Saigon) newspaper reported on Monday.  read more »

Viet Nam has emerged as a key battleground between Australian bank ANZ and the Hong Kong-Shanghai Banking Coporation (HSBC) as the ANZ fleshes out its plans to expand further in Asia, locla media has said.  read more »

The tourism sector of Viet Nam attracted over US$1.7 billion in foreign direct investment (FDI) from 41 different projects in 2007, according to the Viet Nam National Administration of Tourism.

The figure brought the total number of FDI projects in tourism over the past decade to 229 with a total capital of more than US$ 6 billion.

Foreign investors have poured cash into building a series of golf courses, luxurious resorts and hotels in recent years in order to tap the country’s tourism potential.  read more »

A number of large-scale projects will kick off early next year including a VND3 trillion (US$187.5 million) Phu My 3 Industrial Zone in Ba Ria-Vung Tau, a VND1 trillion iron cast and steel plant in Ha Tinh and a VND195 billion colored pottery factory in Quang Ninh.  read more »

The Ha Noi Trade Promotion Centre will join the US Mashkar group to provide an international trade training programme which will help Vietnamese businesses enter the US market.  read more »

The State Bank of Vietnam (SBV)’s decision to widen the VND/US$ exchange rate limit is applauded by commercial banks. However, experts say the move is a short-term bonus that doesn’t solve the long-term problem – the superfluous dollar.

On December 24, the Governor of SBV decided to expand the VND/US$ exchange rate margin to +/-0.75% from +/-0.5% (the exchange rates applied by commercial banks can be 0.75% higher or lower than the central bank’s daily rate announcement).  read more »

Vinh Tuong Gypsum Board Joint Stock Company (VTJ) has been transferred to the owner Saint Gobain Group, Vinh Tuong Industry Joint Stock Company (VTI), the first private establishment specialized to producing ceiling frame and plaster wall in Viet Nam, has recently signed the corporate agreement with Saint Gobain-the world’s biggest building material producer in order to increase its market shares in the international market of which they target ASEAN’s markets.  read more »