• Experts urge corporate tax cuts

      07/11/2012
    HA NOI (VNS)—
    Experts called for the corporate income tax (CIT) to be cut from 25 per
    cent to 20 per cent as soon as next year to help enterprises overcome
    the economic downturn and accelerate production.
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  • Asian Currencies Set for Fourth Weekly Gain on Recovery Outlook

      02/11/2012
    Asian currencies headed for a fourth
    weekly gain, led by South Korea’s won, after a slew of data
    suggested the worst may be over for the global economy.
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  • Domestic gold price hits two-month low

      02/11/2012
    Gold prices in the domestic market decreased sharply yesterday to
    less than VND46 million (US$2,190) per tael, falling to two-month low,
    bucking the world market’s upward trend.
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  • Domestic gold price hits two-month low

      02/11/2012
    Yesterday morning, the DOJI Group announced a selling price of
    VND46.12 million per tael ($2,196) (one tael is equivalent to 0.5oz)
    then lowering to VND45.95 million ($ 2,188). The Sai Gon Jewellery
    Company (SJC) price reduced VND320,000-440,000 per tael.
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  • Naphtha spreads surge to near one month high

      31/10/2012
    Naphtha's prompt timespreads have been trading in narrow backwardations
    of US$8.25-9.50/ton since the beginning of October because of sliding
    gasoline values in Europe. Meanwhile, naphtha's CFR Japan November swap
    stood US$8/ton higher at US$935. Naphtha's November and December
    East-West (EW) spreads, the differential between Asian and European
    prices, were at US$2 and US$8/ton respectively.
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