(VOV) - Commercial banks are bearing the brunt of the economic slowdown, putting them in a paradoxical situation: they have an oversupply of money, but cannot lend it to businesses.

(VOV) - Many businesses have successfully overcome challenges to secure their foothold in the global market after 54,000 others were dissolved under the negative impact of the global economic crisis in 2012.

(VOV) - Retail petrol businesses increased their oil and petrol prices by VND362-1,430 per litre, starting at 20.00pm on March 28.

Seeking new markets will help increase sales of locally made wooden and handicraft products.

As many as 2,000 taels of gold were sold for VND43.81 million (about US$2,100) each in the first gold bullion bidding held by the State Bank of Vietnam (SBV) on March 28.

(VOV) - Vietnam maintained double-digit export growth last year, weathering the global downturn extremely well, according to a HSBC report.

The consumer PC market experienced slower growth in the last quarter of 2012 and is likely to see an even poorer scenario this year due to increasing pressure from tablets and smartphones.

(VOV) - Vietnam’s consumer price index (CPI) in March fell just 0.19 percent from February, bringing the three-month price index to 2.39 percent, according to the General Statistics Office (GSO).

The campaign “Vietnamese people use Vietnamese goods” has received a warm response from local enterprises and consumers since its launch by the Party’s Political Bureau in 2009.

(VOV) - ANZ Vietnam, an affiliate of the Australia and New Zealand Banking Group (ANZ), has been recognised as the “Best Retail Bank in Vietnam” by the Asian Banker magazine.

(VOV) - HCM City’s Consumer Price Index (CPI) dropped 0.29 percent in March, bringing the three-month price index to 1.15 percent. 

Total car sales in February dropped 53 percent from the previous month with 4,325 units being sold, consisting of 1,620 cars and 2,633 trucks. 

(VOV) - Representatives of leading Indian businesses say they are interested in incentives HCM City is offering to foreign investors and want to establish partnerships with local businesses.

The property market remains gloomy and requires combined efforts by relevant players, including a restructure of investments by developers to recover, analysts said.

(VOV) - The US Department of Commerce (DOC) has decided to impose anti-dumping taxes on tra and basa fish imports from Vietnam which is the third country after Indonesia and Bangladesh.

The Ministry of Finance has outlined a plan that will give priority to government bonds in the bonds market under Decision No.261/2013.

In the first months of 2013, crab exports to the European Union (EU) enjoyed a dramatic year-on-year rise of nearly 200 percent. The export of crab and other crustaceans to the EU generated US$8.3 million, up 18 percent from last year. 

(VOV) - Vietnamese businesses need to the make the best of Hong Kong as a gateway for bringing Vietnamese goods to other markets.

(VOV) - PVI Sun Life, a joint venture between PetroVietnam Insurance Holdings (PVI) and Sun Life Assurance Company of Canada, made its debut in Hanoi on March 12.

While inflation control measures focus on price management, especially in the first months of the year, prices of essential commodities should be adjusted with caution, the National Financial Advisory Committee suggested.

(VOV) - The Vietnam Ministry of Industry and Trade (MoIT)’s European Market Department reports the European Commission (EC) has decided to extend Vietnam’s eligibility under its Generalised System of Preferences (GSP).

(VOV) - With the approach of International Women’s Day (March 8) many supermarkets in Hanoi have launched promotion programmes to ofer a wide range of gifts for women.

(VOV) - HSBC believes the biggest risk facing Vietnam is the return of inflation should the government aggressively ease monetary policy to support ailing sectors.

(VOV) - The Vietnamese price of SJC gold has sharply decreased from February 25 to March 2, hitting a six-month low

(VOV) - Inflation has risen by nearly 2.6 percent in the year to date, according to the National Financial Supervisory Commission (NFSC).

Orders for Vietnam Tra fish from European Union (EU) countries are gradually increasing after a long gloomy period, said the General Secretary of the Vietnam Association for Seafood Exporters and Producers.

The software industry could reap a bonanza in 2013 as Japan looks for outsourcers beyond China, according to the Vietnam Software Association (Vinasa). 

(VOV) - State Bank of Vietnam (SBV) Governor Nguyen Van Binh has said exchange rates in 2013 will be adjusted in accordance with market practices.

(VOV) - February’s consumer price index (CPI) rose just 1.32 percent from January, bringing the two-month price index to 2.59 percent, the General Statistics Office announced on February 23.

(VOV) - The Prime Minister has asked the State Bank of Vietnam (SBV) to quickly establish a national asset management company (AMC) to deal with bad debt burdening credit organisations.