Prices keep pace with minimum wage rise

The prices of many consumer goods began to rise even before the 12 per cent hike in minimum wage announced by the Government took effect on May 1.

Vietnam’s footwear makers at last take aim on the home market

Nervous after last year’s big drop in export demand, footwear producers think that they need to sell shoes on the domestic market too. However, it won’t be easy.

Monetary policy is cooling inflation fears economic success

Monetary policy management is taming inflation and revving up the national economic recovery. That was the message from Prime Minister Nguyen Tan Dung during last week’s meeting with the State Bank.

Vietnam attracts US$6 billion in FDI

Vietnam attracted nearly US$6 billion in foreign direct investment (FDI) over the past four months of this year, said the Foreign Investment Agency under the Ministry of Planning and Investment.

On holiday eve, goods are abundant but hotel rooms scarce

Supermarkets are well-stocked as the four day holiday approaches. Expecting to fill up, hotels have raised room rates, reports Saigon Tiep Thi.

US business & sourcing mission to Vietnam in October

To commemorate 15 years of the US- Vietnam Trade Relationship, a US Business mission is being organized by Vietnam Resource Group, LLC in cooperation with the US-Vietnam Business Association (www.uvba.org) to provide American companies...

ADB loan to revive old irrigation system in the north

The Asian Development Bank will loan Vietnam US$100 million for a project to rehabilitate one of its oldest and largest irrigation and drainage systems in the north.