Forex fluctuations normal: experts

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VietNam News English 2 day(s) ago

Experts predicted more fluctuations in foreign exchange rates from now till year-end because of higher domestic demand and clarified that this was normal.

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US dollar price rises, but SBV does not adjust exchange rate

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VietnamNet English 5 day(s) ago

US dollar price rises, but SBV does not adjust exchange rate

VietNamNet Bridge – The US dollar price has unexpectedly been increasing in recent days, but the nominal exchange rate remains unstable. Economists believe an adjustment of the exchange rate would not boost exports.

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Online shopping demand rising rapidly in smaller cities

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VietnamNet English 6 day(s) ago

Online shopping demand rising rapidly in smaller cities

VietNamNet Bridge – Online goods distributors have noted that the highest revenue growth rates do not come from Hanoi and HCM City, but from smaller cities and provinces.

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Export growth drives logistics sector

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Báo Đầu Tư English 1 week(s) ago

Export growth drives logistics sector

Vietnam’s strong growth in exports is pushing demand for logistics services, which has opened up lucrative business opportunities for foreign companies in this industry.

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Vietnam central bank says will keep forex rate stable

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

Vietnam central bank says will keep forex rate stable

The State Bank of Vietnam will keep the dollar/dong exchange rate stable as there is no reason to adjust it, it said in a press release late Tuesday.

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Domestic gold demand suffers sharp downturn

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VietNam News English 1 week(s) ago 1 related news

Viet Nam's demand for gold declined sharply quarter-on-quarter by 27 per cent in volume and 29 per cent in value in the third quarter of 2014.

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Dollar soars as lending grows

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VietNam News English 1 week(s) ago

Dollar soars as lending grows

The foreign exchange rate between Vietnamese dong and the US dollar rose to its highest level since June 30 yesterday, hitting VND21,380 to the dollar amid soaring demand from enterprises near the end of the year.

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Vietnam implements plan of action to develop shipbuilding industry

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VietnamPlus English 1 week(s) ago

A comprehensive action plan is now in place to propel the growth of the local shipbuilding industry, the Vietnam Investment Review reported on November 17.

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Enterprises anticipate lackluster Tet season

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VietnamNet English 1 week(s) ago

Enterprises anticipate lackluster Tet season

VietNamNet Bridge – A modest 5-10 percent growth rate expected in sales for the upcoming Tet holiday, instead of the 20-30 percent of previous years, has caused suppliers to scale back production plans.

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Express delivery firms invest in more technology

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VietnamPlus English 2 week(s) ago 1 related news

Express delivery firms invest in more technology

Domestic express delivery companies have invested in technology to meet increasing demand in the delivery of goods through domestic e-commerce.

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Demand still low but economy on recovery path: HSBC report

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VietNam News English 2 week(s) ago

After two high credit growth episodes in 2007 and 2009, which led to high non-performing loan ratios and damaged consumer confidence, Viet Nam is now reeling from sluggish demand, according to a recent HSBC report.

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Express delivery firms invest in more technology

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VietNam News English 2 week(s) ago 1 related news

Domestic express delivery companies have invested in technology to meet increasing demand in the delivery of goods through domestic e-commerce.

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Panasonic to make more electrical devices in VN

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VietNam News English 2 week(s) ago 1 related news

Japan's Panasonic Corporation has announced plans to expand its production of electrical devices in Viet Nam to meet rising domestic demand, Vietnamplus reported on Monday.

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Consumer goods supply to rise over 20 percent over Tet

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VietnamPlus English 2 week(s) ago

The supply of consumer goods in Hanoi during the traditional Tet holiday is forecast to increase by 20-25 percent to meet consumers’ high demand, said Tran Thi Phuong Lan, Vice Director of the municipal Department of Industry and Trade.

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Consumer price index to increase in November

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VietnamPlus English 2 week(s) ago 1 duplicate news

Vietnam's consumer price index (CPI) in November 2014 is expected to rise over that of previous months because of an increase in demand for goods.

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