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The government orders inspections to lasso in runaway pork prices

The government ordered the inspection of big pork producers in Vietnam as part the efforts to curb prices, stabilise the market, and rein in inflation in 2020.

Vietnam among top 10 cheapest countries for taxi fares

Vietnam is one of the 10 countries with the cheapest taxi fares, just 2.8 USD for a 5km cab ride, according to a recent report from Taxi2airport, the global cab-hailing system.

Airlines told to prep for holidays

 VietNamNet Bridge – Domestic airlines have been asked to minimise delayed or cancelled flights during the upcoming holidays to mark Reunification Day (April 30) and Labour Day (May 1).

Two-thirds of EU travel websites mislead on prices: Commission

 Two-thirds of travel booking websites provide misleading information on prices and so breached EU consumer protection rules, the European Commission said on Friday.

Five persons nabbed for online fraud

 VietNamNet Bridge – The police arrested five persons for being involved in an online fraud operation on Tuesday.

HCM City to hike water tariffs by 50% over five years

 VietNamNet Bridge – Plans to increase water tariffs in HCM City by 10.5 per cent annually in 2015-19 are part of a water supply master plan submitted recently to the city People's Committee for approval by related departments.

Vietnam tour prices uncompetitive

 VietNamNet Bridge – Local travel agencies have shared a common view that the tours arranged for foreign tourists to explore Vietnam are less competitive in terms of prices and comfort than other regional countries.

Rouble turmoil leads to Apple halting online sales in Russia

Technology giant Apple says it cannot sell products online in Russia because the rouble's value is too volatile for it to set prices.

Vietnam anticipates US$500 mln trade surplus in 2014

 VietNamNet Bridge – The trade sector has worked out a number of solutions aiming to boost exports and produce a trade surplus of US$500 million by the end of the year, the Ministry of Industry and Trade (MoIT) reports.

Vietnam’s cocoa dream

 Being a small cocoa producer, Vietnam still nourishes the hope of selling cocoa worldwide.

Smart phones prices fall sharply at year’s end

 VietNamNet Bridge – Prices of many smart phone models have fallen strongly in the lead up to the traditional Lunar New Year holiday or Tet, making the local market much more bustling than in previous months.

Stainless steel traders ask Gov't to reject antidumping rule

VietNamNet Bridge – Eighteen enterprises using imported stainless steel in production have proposed the Prime Minister not to approve the Vietnam Competition Authority’s initial conclusion on cold-rolled stainless steel being dumped in Vietnam.

The prices of talents

Hanoi, Da Nang and then Can Tho and Ca Mau provinces have stated they will offer high salaries and good working conditions to the talented experts who agree to work in the localities and devote themselves to the local socio-economic development.

BUSINESS IN BRIEF 16/8

 VASEP rejects new shrimp tariffs; Wood processing sector still lacking in support industry; Banks forecast modest profits; Demand for Government bonds rises

Biomass power plants grapple with low price

 VietNamNet Bridge – Plants producing biomass power from bagasse and rice husk now are operating perfunctorily, with many unable to connect with the national grid while some are even forced into a dead halt,

Prices of domestic tours still rise despite stimulus program

VietNamNet Bridge – Although many provinces and cities have launched their travel stimulus programs and airlines have offered discounted airfares, prices of domestic summer tours in general are still inching up due to high demand, travel firms said.

Vietnamese high-end fashion brands target the world market

Developing high-end fashion brands is the target of all Vietnamese textile and garment companies which have been following different ways to reach that end.

Pizza war in high tide

The joining of Domino’s Pizza and The Pizza Company is believed to break the dominance of Pizza Hut on the Vietnamese market.

Valuable plant of mountainous people gets uprooted

Local people in Huong Hoa district of Quang Tri province now go to the forests everyday to pull up huyet dang (Sargento doxacuneata) plants for sale.

Vietnamese “Samsung followers” disappointed with Samsung Galaxy S4

The Vietnamese, who eagerly expected Samsung Galaxy S4, have expressed their disappointment about the blockbuster product.