Vietnam index posts biggest single-day jump in 15 months

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Báo Thanh Niên English 4 day(s) ago

Vietnam's benchmark VN Index ended up 3 percent on Wednesday, its biggest jump in 15 months, after the government reassured it will maintain the country's economic growth target and keep the dollar/dong rate stable until the year-end.

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Vietnam to keep foreign exchange rate stable till year-end: cbank

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Báo Tuổi Trẻ English 5 day(s) ago 2 related news

Vietnam to keep foreign exchange rate stable till year-end: cbank

The State Bank of Vietnam (SBV), the country’s central bank, will not make any adjustments to the foreign exchange rate between the dong and the U.S. dollar from now until the end of 2015, after the currency has been weakened three times so far this year.

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Investment climbs in property sector

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VOV News English 1 week(s) ago 1 duplicate news

Investment climbs in property sector

Investment inflows into the property sector has surged, especially credit from banks, said Nguyen Tran Nam, former deputy minister of Construction and chairman of the Vietnam Real Estate Association (VREA).

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Project on import management by 2020 ratified

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VietnamPlus English 2 week(s) ago

A transparent and stable business climate ensuring sustainable socio-economic targets will be fostered in a project on import management though 2020 which was approved by the Prime Minister in Decision No. 1233/QD-TTg.

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Exchange rate, budget deficit are high risks for Vietnam economy

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VietnamNet English 3 week(s) ago

Exchange rate, budget deficit are high risks for Vietnam economy

VietNamNet Bridge - The dong/dollar exchange rate and the loss of state budget revenue from tax collections are the two most serious challenges for the national economy, according to a report issued in July by the National Finance Supervision Council.

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VN economy continues to recover

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VietnamNet English 3 week(s) ago 1 related news

VN economy continues to recover

The National Financial Supervisory Commission (NFSC) has released a report on Vietnam’s economic situation in the first seven months of 2015, which also includes information on first-half results.

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Heated stock auction anticipated for Thang Long GTC

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Báo Đầu Tư English 3 week(s) ago

Heated stock auction anticipated for Thang Long GTC

Possessing land use rights over many golden places in Hanoi and holding a stake in a number of big brands, the upcoming public auction of the multi-field Thang Long GTC Company Limited is expected to lure in flocks of investors.

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US-dollar loan demand rises

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VOV News English 3 week(s) ago 1 duplicate news

US-dollar loan demand rises

Demands for loans in US dollars have again increased in recent months, thanks to low interest rates and a stable exchange rate.

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Forex reserves hit US$37 billion

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VOV News English 1 month(s) ago 3 related news

Forex reserves hit US$37 billion

The country's foreign exchange reserves excluding gold have been increasing continuously, reaching US$37 billion by the end of July, Governor of the State Bank of Vietnam (SBV) Nguyen Van Binh said.

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Forex reserves hit $37 billion

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VOV News English 1 month(s) ago 2 related news

Forex reserves hit $37 billion

The country's foreign exchange reserves excluding gold have been increasing continuously, reaching US$37 billion by the end of July, Governor of the State Bank of Vietnam (SBV) Nguyen Van Binh said.

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Hanoi & HCMC residential price index up

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VietnamNet English 1 month(s) ago

Hanoi & HCMC residential price index up

Ho Chi Minh City’s residential index in the second quarter of this year was 89.4, an increase of 0.3 points quarter-on-quarter (q-o-q) and stable year-on-year (y-o-y), according to a recent Savills Vietnam report.

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Tra fish exports to UK surge

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VOV News English 1 month(s) ago

Tra fish exports to UK surge

(VOV) - Vietnamese tra fish exports to the UK have obtained a stable and high growth over the past three years and the country ranks fourth among importers of Vietnamese tra fish in the EU.

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Vietnam’s stock market quiet after Greece debt crisis

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VietnamNet English 2 month(s) ago

Vietnam’s stock market quiet after Greece debt crisis

VietNamNet Bridge - The news from Greece has affected the world market, but the Vietnamese stock market remained stable thanks to good news about the unlimited foreign ownership ratio in Vietnamese companies.

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Central bank says to keep borrowing costs stable in second half of 2015

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Báo Thanh Niên English 2 month(s) ago

Central bank says to keep borrowing costs stable in second half of 2015

Interest rates are 6-9 percent for short-term loans. Photo: Ngoc Thang

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Fitch confirms VN bank ratings

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Báo Đầu Tư English 2 month(s) ago 3 duplicate news

Fitch confirms VN bank ratings

Fitch Ratings this week affirmed the ratings for four major Vietnamese banks.

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