In line with Vietnam’s World Trade Organization (WTO) commitments, wholly foreign-owned securities firms and fund management companies will be allowed to operate in Vietnam from January 1, 2012. The question is whether these foreign businesses are interested in this prospect given the current economic gloom. Besides, what should domestic firms and management agencies do to make optimal use of this... 

It is time to hammer out appropriate policies and institutions to restructure the economy, cultivate intensive growth, strengthen social security and protect the environment Over the past 10 years, the flaws of Vietnam’s extensive growth model have been increasingly evident. The economy has expanded considerably, but such development is far from consistent and sustainable. Worse still, growth quality... 

Overseas remittances are a precious financial resource for Vietnam, but there should be attractive policies to attract this resource for economic development Over the past two years, Bui Van Quang, a Vietnamese mechanic working in South Korea, has sent an average US$15,000 annually to his family in the rural area of the northern province of Hai Duong. The sum has been used to repay debt, buy a piece... 

Though a majority of stocks lost and liquidity sharply declined, the local market rally extended to the seventh straight session on Tuesday, with the VN-Index inching up a slight 0.99 point, or 0.28%, from the day earlier to close at 358.86. The market opened just in the red before moving up and hitting a high of 363.5 points at the end of the second phase. It then fell back and lost three points... 

The 10-year record low inflation rate in January has arisen a hope among businesses that the lending interest rates would go down, and business’ difficulties would be eased. CPI increases only by one percent in January 15, 2012 NDHMoney has predicted that the consumer price index CPI in January 2012 would increase only by one percent over the previous month. If the scenario turns true, the CPI in...