Spiraling political crisis in Greece

Spiraling political crisis in Greece

(VOVworld) - Greek President Karolos Papoulias was forced to hold negotiations over the past 2 days with three heads of pro-European bailout parties to discuss the establishment of a coalition government ahead of...
Northwestern cultures highlighted in Hanoi

Northwestern cultures highlighted in Hanoi

(VOVworld) - Hanoi residents were treated to colorful performances and exhibitions last week featuring the cultures of northwestern Vietnam. Entitled "The Colors of the Northwestern Region", the show included a wide range of activities such as cultural and...
Banks cut interest rate, inflation eases

Banks cut interest rate, inflation eases

(VOVworld) The State Bank of Vietnam (SBV) has just lowered major interest rate caps, including deposit rates by 1%. The central bank has also decided to open up equity, real estate...
WTO membership changes habits of Vietnamese consumers

WTO membership changes habits of Vietnamese consumers

(VOVworld) - Vietnam’s entry into the World Trade Organization has brought about many positive changes for Vietnam over the past 5 years. On top of economic achievements, membership has encouraged Vietnamese consumers...
Vietnam – Asian partner in demand

Vietnam – Asian partner in demand

ASEAN countries should continue to be among the world’s economic recovery leaders this year. Six ASEAN members - Vietnam, Indonesia, Malaysia, Thailand, Singapore and the Philippines - are forecast to achieve 6% growth...
A decade of "Day for the Poor" campaign

A decade of "Day for the Poor" campaign

The “Day for the Poor” campaign has received strong support from the public over the last 10 years. The annual live-TV program “Joining Hands” is one of the major activities...
Decade of the Euro

Decade of the Euro

January 1st 2012 marked a decade of the existence of the euro. In contrast to the excitement of the currency’s launch a decade ago, Europe is now fearing a...
Vietnam tightens public investment

Vietnam tightens public investment

The Vietnamese government is continuing its policy of strict control over public investment. Ministries and provinces have been instructed to cut down public investment while involving other economic sectors to...