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BriefsMonday, 04/09/2012, 10:04

Friday, April 6, 2012


Friday, April 6, 2012

Government establishes monopoly over the trade of gold bars
Prime Minister Nguyen Tan Dung has issued a decree to stipulate the Government�s monopoly in gold bar production and gold material import-export beginning from May 25.

Cutting deposit cap to 12 pct -report
Vietnam's central bank will reduce the deposit rate cap to 12 percent from 13 percent, in line with its target to bring the ceiling to 10 percent by year-end, a state-run news website said on Friday.

Wrongdoings at Song Da Corp cost state $512 mln
Some VND10.676 trillion ($512.7 million) should be retrieved for the state budget due to mistaken investments and capital allocations in the state-owned Song Da Corp, said the State Inspectorate after a recent inspection.

VN has lowest current account surplus in Asia
Viet Nam has the smallest current account surplus in Asia at US$200 million, equal to just 0.1 per cent of GDP, according to a quarterly research on emerging Asian economies released by ANZ Bank earlier this week.

Sun Wah turns VinaCapital�s second largest shareholder
HCMC � VinaCapital Group on Wednesday announced a change in its ownership that has made Sun Wah Group the second largest shareholder in the group.


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