Lower oil prices expected to boost Asian demand growth in 2015

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Báo Thanh Niên English 22 hour(s) ago

Lower oil prices expected to boost Asian demand growth in 2015

Lower oil prices could boost demand in Asia in 2015, with spot interest for diesel, Asia's most widely used fuel, picking up in countries like Vietnam, Philippines and Indonesia, traders and analysts said.

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Vietnam, Malaysia see biggest surge in demand for 15-inch laptops: GfK

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Báo Tuổi Trẻ English 1 day(s) ago

Vietnam, Malaysia see biggest surge in demand for 15-inch laptops: GfK

Malaysia and Vietnam posted the highest rise in demand for 15-inch laptops in the first three quarters of this year, at a time when consumer trends are shifting toward the latest portable devices, findings released Thursday by a market research firm show.

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USD-VND forex rate hike not a concern despite soaring price: insiders

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Báo Tuổi Trẻ English 3 day(s) ago

USD-VND forex rate hike not a concern despite soaring price: insiders

Local bank officials, manufacturers and traders told Tuoi Tre they are not worried about the US dollar-Vietnam foreign exchange (forex) rate increase, as, according to them, the supply of the greenback is still ample.

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Motorbike manufacturers increase export

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SaiGon GP English 5 day(s) ago

Domestic vehicle production output reached 5 million units this year, nearly doubling the market demand. However, companies still expanded their scale with expectation to turn Vietnam into one of the largest motorbike manufacturing countries in the world.

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Spiralling oil prices hit stocks

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

A slump in the fortunes of oil and gas companies following the OPEC's forecast of lower oil demand for next year and further decline in global oil prices once again dragged the stock market down yesterday.

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Oil price plunge hits stocks again

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Báo Đầu Tư English 1 week(s) ago

Oil price plunge hits stocks again

The falling global oil prices and the OPEC's forecast of less oil demand next year caused stocks to slide again on the two stock exchanges this morning.

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Malaysia’s export hit lowest level after a year

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VietnamPlus English 1 week(s) ago

Malaysia’s export dropped 3.1 percent in October from a year ago, which is its lowest level since June 2013, due to the lower demand from China and Japan and the fall in exports of petroleum and palm oil products.

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Vietnam central bank likely 'sold $1.5 bln' to maintain dong rate

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Báo Thanh Niên English 2 week(s) ago 1 related news

Vietnam central bank likely 'sold $1.5 bln' to maintain dong rate

Vietnam's central bank may have sold up to US$1.5 billion to commercial banks amid year-end high demand to keep the Vietnamese dong stable, according to a SaigonTimes report.

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State Bank sold $1.5 billion to stabilize dong value

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VietnamNet English 1 week(s) ago 1 related news

State Bank sold $1.5 billion to stabilize dong value

VietNamNet Bridge – The State Bank of Vietnam (SBV) has sold dollars to commercial banks in an effort to stabilize the dong/dollar exchange rate amid the year-end dollar demand increase.

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USD-VND forex rate retreats after cbank’s intervention

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Báo Tuổi Trẻ English 1 week(s) ago

USD-VND forex rate retreats after cbank’s intervention

The foreign exchange (forex) rate between the US dollar and the Vietnam dong has fallen back after the information of the intervention in the forex market of the State Bank of Vietnam (SBV) spread.

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New master plan targets sustainable iron ore mining

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VietnamPlus English 2 week(s) ago

New master plan targets sustainable iron ore mining

Prime Minister Nguyen Tan Dung recently approved a master plan for iron ore exploration, exploitation, and processing to 2020 with a view to 2030, which aims at ensuring the industry’s sustainable development while meeting the maximum demand of the domestic metallurgical sector.

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1,000 gifts offered disadvantaged students in Thua Thien Hue

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SaiGon GP English 2 week(s) ago

Dong Lam cement factory in Phong Dien district of Thua Thien Hue province sold the first cement product consignment to serve the construction demand in the central region on November 29.

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Businesses should not worry about CPI reduction: Experts

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SaiGon GP English 3 week(s) ago

Businesses should not worry about CPI reduction: Experts

Businesses have worried that the sharp fall in November Consumer Price Index might be due to demand reduction, however Associate Professor Le Vu Nam from the Ho Chi Minh City University of Economics and Law has advised them not to worry and change their production plans.

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Farm produce prices expected to rise

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VietnamPlus English 3 week(s) ago

Farm produce prices expected to rise

Local experts have projected that the prices of Vietnam’s farm produce such as rubber latex, coffee and pepper will increase in the coming time given an expected rise in demand of importers from China and other markets, the Saigon Times Daily reported.

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Forex fluctuations normal: experts

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VietNam News English 3 week(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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