Gold fever is gripping Asian investors and could spread to central banks as global growth uncertainties tarnish the appeal of other assets, putting bullion on course for more gains but also provoking fears about supply.

Vietnam’s information and communication technology (ICT) infrastructure is now ready for further development. But video services and applications are still in their infancy, so there is a lot of potential here, according to Keith Lie, the CEO of Vcast (Asia). Lie, who is also an Executive Commission Member of the Hong Kong Wireless Technology Industry Association, was in HCMC last week with a Hong Kong ICT Mission. The Saigon Times Daily spoke with him.

 A series of affairs on selling bank stakes to foreign investors have been reported recently. Bank shares have become cheaper, and it is now the right time for foreign partners to seek their room in domestic banks.

As its effort to reduce public spending in the first half of this year has shown results, the government has promised to remain thrifty in the second half, said Nguyen Dang Binh from the Ministry of Investment and Planning.

Many manufacturers of processed rubber, seafood and sugar are now blaming their associations for not doing anything to stop the export of raw materials to China.