Rumour sparks heated post Tet forex confusion

Rumour sparks heated post Tet forex confusion

After the Tet holiday, a fluctuating foreign exchange rate has raised business community concerns.
SOEs to bravely spend big

SOEs to bravely spend big

Many big state-owned enterprises are planning to invest much more than they did last year despite the gloomy economy.
Gold prices bounce despite State Bank control

Gold prices bounce despite State Bank control

The price of gold in Vietnam, long coveted here as a hedge against economic uncertainty, remains substantially higher than the international price, even though the State Bank now exerts control on the trading of gold bars.
SOEs told to speed reform

SOEs told to speed reform

Prime Minister Nguyen Tan Dung has ordered stronger, faster restructuring of state-owned enterprises as many have drawn sharp criticism after incurring heavy losses.
State firms to be kept on tighter leash

State firms to be kept on tighter leash

State groups and corporations will be under tighter management as a result of a new draft decree.
Move to ease a few PPP concerns

Move to ease a few PPP concerns

The Ministry of Planning and Investment is going to propose the Vietnamese government to revise the legal framework on pilot public-private partnership projects.
SOEs to take more of a back seat

SOEs to take more of a back seat

After two decades of politically mandated leadership of Vietnam’s economy, state-owned enterprises figure to play a reduced role under the new draft amendment of the 1992 Constitution that emphasises competition under the rule of law.
PM Dung's New Year message stresses top priorities

PM Dung's New Year message stresses top priorities

PM Nguyen Tan Dung has sent a New Year message emphasising the central tasks of 2013, which include institutional improvement, combination of monetary and fiscal policies, support for businesses, administrative reform, economic restructuring, and guarantee of social welfare.
Audit snapshot of SOEs failing to come up to mark

Audit snapshot of SOEs failing to come up to mark

Despite some improvements, the performances of state corporations and groups still fell below expectations in 2011, according to a Ministry of Finance report.
Retail banking at the crossroads

Retail banking at the crossroads

Dr. Andreas Stoffers, a German retail banker with considerable experience in Vietnam’s banking sector, analyses the challenges and prospects for undertaking retail banking in Vietnam.
A guiding hand to direct banks

A guiding hand to direct banks

Controlling inflation and restructuring the banking system are big challenges for the State Bank in 2012. VIR’s Trinh Trang talks with State Bank Governor Nguyen Van Binh on the outcome of the central bank’s efforts in 2012 and the road ahead for 2013.
Mineral extraction put under State Audit’s radar

Mineral extraction put under State Audit’s radar

Vietnam is naturally blessed with bountiful mineral resources. But loose controls, inspections and audits of mining activities are being blamed for depleting resources and seriously damaging the environment.
Working to address bad debts

Working to address bad debts

Tackling banks’ bad debts remains a puzzling question.
Petrolimex in the spotlight

Petrolimex in the spotlight

Petrolimex is on the State Audit’s radar screen.
Duo look for mega merger

Duo look for mega merger

A potential merger between two top-tier private creditors Sacombank and Eximbank would create a new giant in Vietnam’s financial system.
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