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Business

EU opens door to 'debt relief' for north Africa

European governments have opened the way for a radical offer of "debt relief" for Arab north African and Middle Eastern neighbours, EU and governmental sources said.

Petro giant’s financial shortcomings continue to be revealed

The State Audit continues to uncover mismanagement in the Vietnam Oil and Gas Group (PVN).

Hoa Lac – West Lake elevated railroad project kicked start

The railroad project No. 5 which runs from Hoa Lac to the West Lake of Hanoi, with a total capital of several billion USD has been kicked off.

Hanoi, HCM City among most expensive cities in Asia

Hanoi was placed 13th and HCM City 12th among the most expensive cities in Asia in 2011 in terms of three-room apartment rent, according to a report from ECA International.

Vietnam to float prices of major staples next year

Vietnam will regulate prices of electricity, coal and petroleum in accordance with market fluctuations beginning in 2013, said Vuong Dinh Hue, Minister of Finance.

>> Vietnam cuts petrol import taxes amid global price hike
>> Economist examines the path to SOE restructuring
>> Vinacomin seeks further loans for coal mining operations
>> EVN’s hikes power prices, shocks the economy
>> Higher power price proposed for well-to-do people

HCM City sees highest CPI in nine months

HCM City’s consumer price index in February increased by 1.32% over January – a record high in nine months, said the municipal General Statistics Office.

Vietnam cuts petrol import taxes amid global price hike

The Ministry of Finance decided to slash petroleum and jet fuel import taxes in order to support domestic petrol traders.

>> Vietnam to import 10.1 million cubic metres of petrol

Eurozone finance ministers sealed a deal for a massive new bailout of Greece early Tuesday, several sources said.

>> Eurozone heading for deal on new Greek bailout

More Business

Eurozone heading for deal on new Greek bailout(02/21/2012)
Illegal petrol stands in Hanoi flout ban(02/20/2012)
Vietnam dong will be stabilised in 2012: HSBC(02/20/2012)
Economist examines the path to SOE restructuring(02/20/2012)
Ministries move toward eliminating substandard gasoline(02/20/2012)
Industrial, processing and economic zones under scrutiny(02/20/2012)
2012’s farm product exports in doldrums(02/20/2012)

China to top world in e-commerce by 2015: report

China, already home to the world's largest online population, is likely to replace the United States as the biggest e-commerce market by 2015, according to new research.

Finance

Petro giant’s financial shortcomings continue to be revealed

The State Audit continues to uncover mismanagement in the Vietnam Oil and Gas Group (PVN).

HCM City’s consumer price index in February increased by 1.32% over January – a record high in nine months, said the municipal General Statistics Office.

The Hongkong and Shanghai Banking Corporation has predicted that the weaker import demand and a controlled weakening of the exchange rate by the SBV will help stabilise VND in 2012.

Vinashin still owes VND292.148 billion in unpaid debts to the Vietnam Development Bank as of January 31.

Some big banks have started to lower interest rates and more banks are expected to follow suit to cut interest rates by around 1%.

The Hanoi Stock Exchange has successfully raised VND8 trillion from auctioning Government and bank bonds.

Biz matching

HP considering PC spinoff, buying software company

Random stories

HCM City’s November CPI rises 0.28%

Banking sector set for record growth

The gold deposit ban woes

Ministry: fertilizer supply forecast to exceed demand by 2015

Vinalines reports shock 2011 profits after huge first-half losses

* Publication permit No. 1050/GP - BTTTT Hanoi, July 15, 2008.
* Editor in chief: Pham Huy Hoan
* Address: 48/2 Giang Vo, Dong Da District, Hanoi - Telephone: 04-3736-6491. Fax: 04-3736-6490
* Email: editor@dtinews.com. Website: http://www.dtinews.vn/

EU opens door to 'debt relief' for north Africa

Petro giant’s financial shortcomings continue to be revealed

Hoa Lac – West Lake elevated railroad project kicked start

Hanoi, HCM City among most expensive cities in Asia

Vietnam to float prices of major staples next year

HCM City sees highest CPI in nine months

Vietnam cuts petrol import taxes amid global price hike

Eurozone seals Greek bailout deal

China to top world in e-commerce by 2015: report

Petro giant’s financial shortcomings continue to be revealed

HCM City sees highest CPI in nine months

Vietnam dong will be stabilised in 2012: HSBC

Vinashin continues to borrow to pay salaries

Interest rates may be eased in next few months

Capital market heightened by bond auctions