Fuel wholesale traders to get more money

The Ministry of Finance has agreed that from Feb. 11, petrol wholesale traders would receive more money from the fuel price stabilisation fund to retain stability on the domestic petrol market as the world price of oil has increased to around 105 USD per barrel.

SAM invests in C21 Company

The 21 st Century Joint Stock company (C21) and the Saigon Asset Management (SAM) Corporation signed a strategic partnership contract in Ho Chi Minh City on January 17.

Gold deposits hit with income-tax on interest

Holders of gold certificates issued by commercial banks are required to pay 5-percent personal income tax on interest earned by the certificates, according to a ruling by the State Bank of Vietnam aimed at reducing the level of investment in gold.

Thai girl willing to teach Vietnamese

Lovely memories formed during a voluntary campaign called “Green Summer Vietnam 2010” in her mother’s hometown inspired Kittiworawuthi (Kitti) Pornkanok, a Vietnamese-Thai girl, to teach Vietnamese to students in her country.

Soft drinks imported despite local products

Soft drink maker Coca-Cola has three factories in the country, but around 900,000 USD has been spent since the beginning of this year to import the drink, according to the HCM City Customs Department.

WWF proposes biosphere reserve in Mekong delta

The World Wide Fund for Nature (WWF) has recommended that Vietnam goes through the necessary procedures so that the coastal areas of the Mekong delta provinces of Soc Trang, Tra Vinh and Ben Tre can be recognised as a world biosphere reserve.

Japan offers 200 mln USD loan for Vietnam

The Japanese Government plans to provide a loan of between 150-200 million USD to support Vietnam’s economic stimulus packages in the context of the global economic crisis.