Over 8,000 city firms halt operation
	Wednesday,  May 16,2012,21:15 (GMT+7) HCMC – Around 8,290 city enterprises have suspended operations or pulled out of the market this year, said Nguyen Trong Hanh, deputy director of HCMC’s Department of Taxation.

NA committee says Gov’t report far from reality
	Tuesday,  May 15,2012,21:50 (GMT+7) HANOI – The National Assembly (NA) Economic Committee expressed a concern that the Government’s socio-economic report sounded rosier than the actual situation in the early months.

Government acts to rescue struggling businesses
	Monday,  May 14,2012,22:11 (GMT+7) HANOI – The Government last Friday issued Resolution 13 designed to support struggling firms, with a 30% corporate income tax reduction and an exemption of the lump sum corporate tax awaiting National Assembly (NA) approval.

Many SOEs slow in restructuring
	Saturday,  May 12,2012,05:24 (GMT+7) HCMC – A slew of State-owned enterprises (SOEs) have yet to pass their restructuring schemes to the Prime Minister although this is what they must have done in the first quarter.

Billions of dollars needed to rescue enterprises
	Thursday,  May 10,2012,21:58 (GMT+7) HCMC – The Government should spend US$3 billion or so to help enterprises restructure their debts if the national economy is to be put back on the development track, said a local economist.

Vietnam PMI revealed for the first time
	Wednesday,  May 9,2012,21:25 (GMT+7) HCMC – Purchasing Managers’ Index (PMI), a gauge of business conditions in the manufacturing sector, has been revealed in Vietnam for the first time.

Lots of businesses die young
	Tuesday,  May 8,2012,21:46 (GMT+7) HCMC – Some two-thirds of the 10,350 enterprises that went bust and halted business in the first quarter are newly-established firms, said the latest report of the Ministry of Finance.

HSBC cuts Vietnam growth forecast to 5.1%
	Monday,  May 7,2012,20:51 (GMT+7) HCMC – HSBC Vietnam has adjusted down Vietnam growth forecast from 5.7% to 5.1% for this year, as the credit crunch is occurring faster than expected, says the bank’s macroeconomic report announced last Thursday.

Gov’t okays bailout package for enterprises
	Monday,  May 7,2012,20:50 (GMT+7) HANOI – The Government has approved a bailout package worth an estimated VND29 trillion, or some US$1.4 billion, suggested by the Ministry of Finance in a bid to rescue the struggling enterprises.

Expert blasts ministry’s call for fuel price floatation
	Saturday,  May 5,2012,05:53 (GMT+7) HCMC – Economic expert Pham Chi Lan has criticized the Ministry of Industry and Trade’s recent request that asks the Government to let the market decide fuel prices rather than impose controls on them as done at the moment.