(VOA) - When a fish farmer in north Vietnam decided to take up arms against a battalion of police sent to evict him from his land, he sparked a public debate on an issue that has long simmered beneath the surface of Vietnamese society. Doan Van Vuon Last month the family of Doan Van Vuon, 49, used guns and home-made landmines to attack officials trying to take their farm. Four ...

Feb. 9 (Bloomberg) -- Robusta coffee for March delivery became more expensive than the May contract today on concerns roasters may tap European stockpiles as farmers in top producer Vietnam hoard beans. Beans for March delivery commanded a premium of $21 a metric ton to May-delivered coffee by 5:02 p.m. London time. That moved the market into so-called backwardation, a situation in which front-month contracts are priced above deferred ones and ...

BANGKOK, Feb 9 (Reuters) - Siam Cement Pcl, Thailand's top industrial conglomerate, said on Thursday the Siam group has signed a deal with partners under which it will take a 46 percent stake in a $4.5 billion petrochemical complex in Vietnam. In a statement filed with the Thai stock exchange, Siam Cement, 30 percent owned by the Thai royal family's Crown Property Bureau, said full details of its investment in the ...

(VOV) - Thailand fell behind Vietnam in rice exports in January when it only shipped nearly 387,750 tonnes, about 13,000 tonnes less than Vietnam, according to its English newspaper The Nation. The exported volume represented a decrease of 57.96 percent compared to January 2011’s figure – a record low in more than a decade, said The Nation. The newspaper quoted the Vietnam Food Association as saying that Vietnam exported some 400,000 ...

(Thanh Nien News) - Two women were killed and five soldiers are missing when a boat carrying 34 people sank in the central province of Quang Nam Sunday. According to Hoi An Town’s People’s Committee, the boat from Tan Hiep Commune island was sunk by waves when it was less than one kilometer from the town’s coast. People on board, 29 soldiers of the provincial military headquarters and five people ...

Dec. 26 (Bloomberg) -- Vietnam’s five-year bonds fell on speculation banks will slow debt purchases as they hoard cash to meet fund requirements ahead of the year-end and the Lunar New Year that falls on Jan. 23. The dong weakened. “Bonds dropped as most banks have to reserve cash for consumers’ holiday spending,” said Ho Chi Minh City-based Nguyen Duy Phong, an analyst at Viet Capital Securities. Yields on five-year debt rose ...

VietNamNet Bridge – The information that Facebook’s CEO Mark Zuckerberg is visiting Vietnam has heated up information technology (IT) forums. Meanwhile, Facebook Vietnam’s representative has refused to provide detailed information about his schedule in Vietnam. A reader called VnExpress’ editorial board saying that he recognized the co-founder of Facebook and his girlfriend when he met them on December 23. Mark was in usual clothing with jeans, T-shirts and sportswear. After ...

(Thanh Nien News) - The Ministry of Finance said prices of electricity, coal, fuel products and public services, which are heavily subsidized by the government, will be determined by the market no later than 2013. Prices of these essentials will gradually be “given back to the market,” the ministry said Saturday, adding that subsidies will be removed at the right time. However, the ministry said electricity prices will only be ...

Jak odkrywają statystyki Polacy ciągle mają trudność ze spłacaniem swoich pożyczek. Naczelnym kłopotem są właśnie kredyty konsumpcyjne. 18,14% z nich nie jest spłacanych w czasie, podczas kiedy na schyłek 2010 roku ten wskaźnik wynosił 17%. Ponad 100 tysięcy osób ma zaciągniętych więcej niż 10 pożyczek, z czego 80 tysięcy nie spłaca co bynajmniej jednego z nich. W Krajowym Rejestrze Długów jest już przeszło 1,7 miliona dłużników. Te dane weryfikują, że ...

(SaigonMoney) - The State Bank of Vietnam (SBV) on Thursday requested foreign banks at home to strictly adhere to regulations on foreign currency trading activities. Accordingly, general directors and directors at foreign banks’ branches or 100% foreign-invested banks have to enhance checking activities and strictly observe the current rules in terms of local foreign currency management. Document 8608/NHNN-QLNH issued by SBV says: “There are still a few foreign credit institutions ...