Exporters say loan subsidy program of little use to them

Workers fold blazers for export at a garment factory in Ho Chi Minh City.

Exporters said they do not benefit much from a government loan subsidy program since not many of them qualify for bank loans.

Speaking at a conference in Ho Chi Minh City Tuesday, Vo Truong Thanh, general director of Truong [...]

Vietnamese athletics officials say not enough money for training

Sports officials are concerned there is not enough government funding for Vietnamese athletes who will compete in the region’s two main sporting events in 2009.

Athletics Department Manager Duong Duc Thuy said the national sporting body planned to send athletes abroad for training and competition at international tournaments but the funding was too tight to ensure [...]

Distributors milking consumers, dairy insiders say

Dairy products have become more expensive of late but industry insiders claim the price hikes are a marketing ploy by producers and distributors.

Distributors have increased the retail prices of milk powder by VND10,000 to VND30,000 for a 900-gram pack over the past few weeks.
But global prices of skimmed milk powder and whole [...]

Bookies say Vietnamese contestant a Miss World favorite

Bookmakers consider Duong Truong Thien Ly one of the favorites for Miss World this year

Global bookmakers say Duong Truong Thien Ly is among the top contenders for the next Miss World crown, according to globalbeauties.com.

The beauty contest tracking website has posted the latest betting odds from bookmakers around the world for the [...]

Banks need better risk management, say experts

Pedestrians walk past the main office of Saigon Securities Inc. in Ho Chi Minh City’s District 1. The company is set to become an investment bank.

Banks must improve their risk management, especially at a time when many of them are planning to convert into investment banks, experts have said.

While the last two [...]