Dong devaluation cause for concern

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Báo Đầu Tư English 4 month(s) ago 1 duplicate news

Dong devaluation cause for concern

With a double dose of the Federal Reserve’s possible rate hikes combined with the Chinese yuan’s 1.5 per cent retreat in May, there is concern it could trigger the dong’s further devaluation and have an unkind impact on the local economy as a whole.

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Dong insulated from Brexit fallout

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Báo Đầu Tư English 3 month(s) ago 1 duplicate news 1 related news

Dong insulated from Brexit fallout

Vietnam’s economy as well as its currency is unlikely to be adversely affected by the UK’s decision to opt out of the European Union.

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Vietnam preps for borderless market

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Báo Đầu Tư English 2 month(s) ago 1 duplicate news

Vietnam preps for borderless market

Although the 2015 creation of the ASEAN Economic Community is paving the way for cross-border and foreign investments in the regional banking sector, it could take several years before Vietnam’s industries notice any development in terms of an eased foreign ownership and an integrated financial market.

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Vietnam banks see 2016 credit growth up 20.4 pct on yr: c.bank

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Báo Tuổi Trẻ English 2 month(s) ago 1 duplicate news

Vietnam banks see 2016 credit growth up 20.4 pct on yr: c.bank

Banks in Vietnam expect lending this year to surpass targets, growing 20.4 percent over 2015, fuelled by stronger credit demand and better business conditions, the central bank said on Wednesday.

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Weather woes cool Vietnam's Q2 growth to 2-year low

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Báo Tuổi Trẻ English 3 month(s) ago 1 duplicate news

Weather woes cool Vietnam's Q2 growth to 2-year low

HANOI, June 28 - Vietnam's galloping growth took a hit in the second quarter with drought and bad weather weighing on its agriculture sector and slowing the economy to 5.55 percent, the weakest expansion in the three-month period in two years.

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LafargeHolcim sells its 65 pct stake in Vietnam joint venture

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Báo Tuổi Trẻ English 1 month(s) ago 1 duplicate news

LafargeHolcim sells its 65 pct stake in Vietnam joint venture

Building materials company LafargeHolcim Ltd has signed an agreement with Siam City Cement Public Company Limited for the divestment of its 65 percent shareholding in LafargeHolcim Vietnam, it said on Thursday.

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Hanoi: CPI in July rises slightly

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Báo Dân Trí English 2 month(s) ago 1 duplicate news

Hanoi: CPI in July rises slightly

The consumer price index (CPI) in Hanoi continued to go up in July, the seventh consecutive month of growth, the municipal Statistics Office (GSO) reported.

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Drought in Vietnam holds back growth as farming takes knock

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Báo Thanh Niên English 3 month(s) ago 1 duplicate news

Drought in Vietnam holds back growth as farming takes knock

Economic growth in Vietnam was little changed in the second quarter as a crippling drought hurt farming output and demand for exports weakened.

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ACV spends $1.1b for airport upgradation by 2018

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Báo Dân Trí English 3 month(s) ago 1 duplicate news

ACV spends $1.1b for airport upgradation by 2018

The Airports Corporation of Việt Nam will pour over VNĐ 26.2 trillion (US$1.17 billion) for the upgradation of airports to meet travel demands and socio-economic development by 2018.

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Vinamilk acquires remaining 30% stake of US Driftwood Dairy

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Báo Đầu Tư English 1 month(s) ago 1 duplicate news

Vinamilk acquires remaining 30% stake of US Driftwood Dairy

The recent acquisition of the remaining 30% stake in Driftwood Dairy Inc., one of California’s largest processors of milk and dairy products based out of the City of El Monte, by Vinamilk is a textbook example of how to enter a foreign market.

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Vietnam banks' bad debts dip to 2.58 pct of loans in June: cbank

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Báo Tuổi Trẻ English 1 month(s) ago 1 duplicate news

Vietnam banks' bad debts dip to 2.58 pct of loans in June: cbank

Aug 11 - Toxic debts in Vietnamese banks accounted for 2.58 percent of outstanding loans at the end of June, declining from 2.78 percent in the previous month, the central bank said on Thursday.

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SE Asia stocks: Rise as oil prices extend gains; Vietnam outperforms

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Báo Thanh Niên English 1 month(s) ago 1 duplicate news

SE Asia stocks: Rise as oil prices extend gains; Vietnam outperforms

Southeast Asian stocks rose on Thursday, with energy shares leading gains in five of the six markets, as global crude prices continued their uptrend and investors counted on the Bank of England to cut interest rates to a record low.

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State funds for bank debts plan criticised

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Báo Đầu Tư English 5 day(s) ago 1 duplicate news

A proposal to use State funds to settle commercial banks' bad debts, as stated in the draft plan on economic restructuring for the 2016-2020 period, has been met with a cold shoulder.

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VN delays $3b int’l bond plan

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Báo Đầu Tư English 2 month(s) ago 1 duplicate news

VN delays $3b int’l bond plan

Việt Nam has postponed a US$3-billion international bond issuance plan due to unfavourable conditions in the global finance and monetary market, the finance ministry said.

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VASEP raises voice against US tax

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SaiGon GP English 5 day(s) ago 1 duplicate news

Higher anti-dumping duties on Vietnamese frozen warm-water shrimp exports levied by the United States Department of Commerce (DOC) will affect the psychology of businesses and shrimp farmers in Việt Nam.

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