No small banks to be closed

Submitted by VNA on

Hanoi (VNA) - Nine small banks face closure due to inadequate charter capital have
completed plans to increase funds to 1 trillion VND (57.14 million USD) each, the

Export rice price up 13 percent in one week

Submitted by VNA on

Hanoi (VNA) - Export rice prices are on the rise. The price of 25 percent broken
rice has climbed nearly 13 percent since the middle of last week, to 350 USD a

Auto makers ask Gov't to delay tax hike

Submitted by VNA on

HCM City (VNA) - Auto manufacturers have asked the Government to delay a
proposed hike in special consumption and value-aded taxes and, in fact, to roll

Nation spends 40 billion VND on energy saving

Submitted by VNA on

Hanoi (VNA) - The Ministry of Industry and Trade (MoIT) will invest 40 billion VND
(2.35 million USD) in a programme on economical and effective energy use in 2009,

Partner sought for first oil refinery

Submitted by VNA on

Hanoi (VNA) - The Vietnam National Oil and Gas Group (PetroVietnam) planned to
sell a 49 percent stake of Dung Quat Oil Refinery, its chairman Dinh La Thang said
on Jan. 2.

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