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BriefsThursday, 06/14/2012, 11:58

Thursday, June 7, 2012


Thursday, June 7, 2012

Interest rates to down to 9% /year
The state bank Governor Nguyen Van Binh just has announced at the National Assembly session on June 7, 2012 that the interest rate will be lowered to 9% from 11% /year.

Consultant asked to clarify plan for environment project
HCMC � Relevant agencies want the France-based SCE Consultancy to clarify several issues in the implementation plan for the second phase of the Nhieu Loc-Thi Nghe Canal Basin environmental sanitation project in HCMC.

Emirates adds city to its network
HCMC - Fast growing airline Emirates has connected HCMC to its expanding flight network worldwide when it began a non-stop daily service between Dubai and this commercial hub of Vietnam on Monday.

Outbound tourism remains largely uncontrolled
HCMC � There are millions of Vietnamese tourists traveling abroad every year with expenditures amounting to billions of U.S. dollar, but this segment has yet to be controlled tightly and is in need of more effective management measures.

VND30 trillion loans available for city firms this month
HCMC � The central bank�s HCMC branch and the HCMC government reached an agreement on Tuesday to offer an additional VND30 trillion in loans for the city-based enterprises right in this June.

IMF says Vietnam should focus on inflation over rate reduction
Vietnam�s central bank should prioritize containing inflation and be cautious about loweringinterest rates further after reductions in the past three months, the International Monetary Fund said.


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