Today, 8 October 2008

Petrol price cut by VND500/litre

7% GDP growth rate unreachable: experts

Press Highlights Oct. 4

CPI expected to rise 0.2% in October

2008 GDP may not reach 7% as targeted: MPI

Press Highlights Sept.30

State bank raises credit compulsory reserve interest rate

Nine month GDP growth rate at 6.52 percent

Press Highlights Sept.26

Vietnam attracts over 57 billion USD in nine months

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Economics

Petrol price cut by VND500/litre
 

As of 12:00 am on October 8, the retail petrol price will decrease by VND500/litre to VND16,500/litre.

Kerosene price down, petrol price same (7/10/2008)

7% GDP growth rate unreachable: experts (6/10/2008)

Finance

VND115tril in real estate loans disbursed
 

The outstanding real estate loans of the whole banking system had reached VND115,500bil ($975mil) by September 2008, accounting for 9.15% of total outstanding loans, according to the State Bank of Vietnam.

Vietnamese banks withdrawing money from overseas accounts (7/10/2008)

Careful eyes to insure banking system’s health (6/10/2008)

Stock

Session report dated October 7: Indexes and liquidity slump
 

Vietnam stock market saw another falling session without brake. Ending this morning’s session, the HaSTC-Index shed 5.86% while the Vn-Index slid 4.49%. The liquidity plunged on both bourses.

World markets report dated October 7: Global markets slump (7/10/2008)

Session report dated October 6: Both bourses dip on Monday (6/10/2008)

Investment

Fisheries sector gets bio-tech boost

The Government has approved a 51.6 million USD bio-technology plan aimed at getting the fisheries sector up to ASEAN standards, said Deputy Minister of Agriculture and Rural Development Nguyen Viet Thang.

$780mil thermal power plans (4/10/2008)

HCM City reports six-fold increase in FDI (2/10/2008)

Import/Export

Ministry to check export textile-garment businesses
 

The Ministry of Industry and Trade (MIT) will establish two teams to inspect businesses exporting textile and garment products to the US.

Two catfish exporters register for lifting of US anti-dumping tariffs (8/10/2008)

VN considering raising import taxes on meat (4/10/2008)

Living

What’s On Sept 29 - Oct 5
 

What’s On Sept 29 - Oct 5

What’s On September 22 – 28 (23/9/2008)

What’s On September 15 - 21 (16/9/2008)

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