Cooking gas suppliers call for import tax cut

The Vietnam Gas Association has called on the government and the Ministry of Finance to cut the import tariff slapped on cooking gas from 5 percent to 2 percent

Milk, cooking gas announce shocking price hikes

Local cooking gas suppliers have recently announced enormous price increases, while earlier, milk producers also shocked consumers with their new prices

Coffee prices keep falling on huge supply

HCMC – Coffee prices in the country have been falling over the past two weeks and are expected to drop further in the coming time as Brazil from Wednesday will offload its coffee volume stockpiled in 2009.

Public decries housing tax proposal

The tax is expected to curb speculation in the real estate sector, while also increasing the state budget collection

Gold exceeds VND46 mln, at 2-month high

Domestic gold price has ended the first week of the Lunar New Year 2012 with a straight rally to VND46 million a tael, its 2-month high

Market sees best day in last seven months

Shares on the HCM Stock Exchange rallied on January 19, with the VN-Index closing up by about 3 percent to 373.43 points, the best day for the Index in the past seven months.

Cooking gas traders fined for unregistered pricing

HCMC – Inspectors of the HCMC Department of Finance have imposed an administrative fine of VND20 million on a cooking gas trading company over violations of price registration rules.

Stocks rise for seventh straight day

HCMC – Though a majority of stocks lost and liquidity sharply declined, the local market rally extended to the seventh straight session on Tuesday, with the VN-Index inching up a slight 0.99 point, or 0.28%, from the day earlier to close at 358.86.

Reasons shown for fertilizer price hike

HCMC – The surge in fertilizer prices last year prompted a heated debate in local media but that was a trend in the last few years. On average, the retail price of Dam Phu My urea rose 40% last year, SA fertilizer 36%, DAP 37.5%, and NPK 29% versus 2010.

Tourism sector bemoans sharp price hikes

HCMC – A price spike in almost all services from hotels to transport and restaurants and a higher exchange rate at hotels than the official level have sent the cost of inbound tourism surging.