Several gold bullion processors cease production

Several gold bullion processors cease production

Even though the government’s new decree on the management of gold trading has yet to take effect, some gold bullion producers have temporarily halted their processing work.
Japan’s Kansai region seeks Vietnam opportunities

Japan’s Kansai region seeks Vietnam opportunities

Efforts are underway to promote business linkages between Vietnam and Japan’s Kansai region.
State Bank to focus on security, liquidity

State Bank to focus on security, liquidity

The State Bank of Vietnam will continue to closely monitor the monetary market and the banking sector to discover violations and help banks deal with liquidity-related problems, the bank said.
Large gold source remains unused amid scarcity

Large gold source remains unused amid scarcity

While domestic gold remains costly and gold traders are desperately waiting for new import quotas to ease scarcity, many companies say they have large stocks of raw gold but cannot turn them into bullion bars for sale on the market.
Taking sense amid gold frenzy

Taking sense amid gold frenzy

Ho Quoc Tuan, a doctoral candidate at the United Kingdom’s Manchester University, examines the best way to restore order to the local bullion market and create a balance between domestic and world market gold prices.
Tourism Year 2011 kicked off in Phu Yen

Tourism Year 2011 kicked off in Phu Yen

The National Tourism Year 2011, themed “Exotic Beaches and Islands”, was kicked off on Friday evening in the central coastal province of Phu Yen.
Central bank strives for stable macroeconomy

Central bank strives for stable macroeconomy

What is the central bank’s mission for 2011 after last year’s forex rate and interest rate troubles? Dr Le Xuan Nghia, Vice Chairman of the National Financial Surveillance Commission, shares his views with VIR.

Eased gold import quotas urged

Senior officials in Ho Chi Minh City have suggested that the central bank significantly ease restrictions on gold imports as well as the production of sheet gold in order to stabilise domestic gold prices.
Tears as centre picks up the pieces

Tears as centre picks up the pieces

A trembling central Vietnam is shedding tears while struggling to overcome the aftermath of two recent floods, which caused substantial loss of human life and properties.
Pressured banks give new M&As the swerve

Pressured banks give new M&As the swerve

Mergers and acquisitions in banking sector have not become a reality.

Cool heads needed as the heat goes on

The State Bank might have done a good job in its monetary manoeuvring in the first half of 2010. But, what about the rest of the year? Dr Nguyen Kim Thanh, director of the central bank’s Banking Strategy Institute explains why it is still “a jungle out there”.
Party and government agencies to slim down

Party and government agencies to slim down

The Central Party Committee last week closed its fourth plenum with a decision to reduce the number of central level Party organisations to six, halving them in the hope of increasing efficiency in their operation.

Move to avert central power crisis

A multi-billion dollar electricity complex in the central province of Ha Tinh has been proposed as a way to meet an expected rise in the central region’s power demands over the next few years.
Bank reforms get green light

Bank reforms get green light

The government has given the go-ahead to the central bank to spend $112 million on the second stage of reform for Vietnam’s four State-owned commercial banks (SOCBs), a source from the central bank said last week.
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