Power prices stable for 2015 Business

Power prices stable for 2015

The Electricity of Vietnam (EVN) and the Vietnam Coal and Mineral Industries Group (Vinacomin) have assured electricity prices will remain unchanged until the end of the year.
Business

Phu My optimistic of first-half results

The PetroVietnam Fertiliser and Chemicals Corporation (PVFC Co), better known as the Phu My Fertiliser (DPM), estimated its first-half revenues will reach 4.945 trillion VND (226.8 million USD) and pull in profits of 810 billion VND (37.2 million USD).
Business

Experts optimistic about credit market

Experts have shown optimism despite the slow credit growth over the past six months, which had raised concerns over the banking system's ability to reach the year's target of 12-14 percent growth.

According to statistics from the State Bank of Vietnam, the credit growth rate in the first six months of this year was only 3.52 percent, while the growth rate over the same period last year was 4.7 percent.
Forex market will remain stable: top banker Business

Forex market will remain stable: top banker

The State Bank of Vietnam (SBV) pledges to keep foreign exchange rates stable and is prepared to adjust the rates less than or equal to 2 percent, the bank’s Governor Nguyen Van Binh has said.