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February 23, 2012

Business

Cbank allocates 2012 credit growth caps for more banks

The State Bank of Vietnam has allocated 2012’s credit growth caps for more lenders.

Japan, Vietnam cooperate in mechanical outsourcing

Song Thu One Member Limited Liability Company, under the Ministry of Defense, and Japan’s Daifuku Group signed a cooperative agreement on mechanical outsourcing in Da Nang city on February 22.

Gov’t support called for condo-for-rent market

Many are calling for incentives from the government to help develop the condo-for-rent market

Gold surges after Greece bailout deal

Price of gold in Vietnam climbed on February 22 as global price hit the highest level in the past ten weeks after eurozone finance ministers agreed on a 130 billion euro rescue package for Greece.

Vietnam Airlines now key stakeholder of Jetstar Pacific

The national flag carrier, Vietnam Airlines, on February 21 announced that it has taken the majority share of Jetstar Pacific Airlines (JPA) from the Vietnamese State Capital Investment Cooperation (SCIC) and becomes JPA’s biggest shareholder.

EVN cuts cost to help slow price rise

Electricity of Vietnam has targeted reducing its production costs by VND1.8 trillion ($85.7 million) this year.

Japan needs more Vietnamese workers

Japan is keen to receive around 10,000 Vietnamese workers every year, said the Japanese International Training Cooperation Organisation (JITCO).

Hanoi, HCM City among most expensive cities in Asia

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

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Cbank allocates 2012 credit growth caps for more banks

The State Bank of Vietnam has allocated 2012’s credit growth caps for more lenders.

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