Vietnam scraps ceiling on individual dollar deposit rates after Fed move

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Báo Tuổi Trẻ English 10 month(s) ago 1 related news

Vietnam scraps ceiling on individual dollar deposit rates after Fed move

Vietnam's central bank said late on Thursday it was abolishing a ceiling for interest rates on dollar deposits that banks offer to individuals, in an attempt to "avoid dollar hoarding".

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Is Vietnam facing deflation?

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VietnamNet English 12 month(s) ago

Is Vietnam facing deflation?

VietNamNet Bridge - Vietnam saw the lowest consumer price index (CPI) increase in the last 10 years in September, which has raised concerns about the risk of deflation.

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No breakthrough likely during Chinese President’s US visit

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VOV News English 13 month(s) ago

No breakthrough likely during Chinese President’s US visit

(VOV) - Chinese President Xi Jinping’s official visit to the US has drawn positive comments as well as skepticism about the likelihood of any breakthrough.

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On US visit, China's president says committed to reforms

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VOV News English 13 month(s) ago 1 related news

On US visit, China's president says committed to reforms

Chinese President Xi Jinping sought to reassure US officials on September 22 that Beijing remains committed to financial reforms and an open economy.

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Economists deny prediction about additional 2% VND devaluation

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VOV News English 13 month(s) ago 1 related news

Economists deny prediction about additional 2% VND devaluation

Businesses and analysts have questioned the State Bank of Vietnam’s (SBV) statement that it would not devalue the dong any further until the end of 2015.

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Economists deny prediction about additional 2% VND devaluation

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VietnamNet English 13 month(s) ago 1 related news

Economists deny prediction about additional 2% VND devaluation

VietNamNet Bridge - Businesses and analysts have questioned the State Bank of Vietnam’s (SBV) statement that it would not devalue the dong any further until the end of 2015.

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Further VND devaluation will only benefit China: economists

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VOV News English 13 month(s) ago 1 related news

Further VND devaluation will only benefit China: economists

The State Bank of Vietnam (SBV) has made a reasonable decision not to devalue the dong further as the continued devaluation will only benefit China, according to Dr. Bui Trinh and Dr. To Trung Thanh, experts on the Chinese economy.

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Further VND devaluation will only benefit China: economists

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VietnamNet English 13 month(s) ago 1 related news

Further VND devaluation will only benefit China: economists

VietNamNet Bridge - The State Bank of Vietnam (SBV) has made a reasonable decision not to devalue the dong further as the continued devaluation will only benefit China, according to Dr. Bui Trinh and Dr. To Trung Thanh, experts on the Chinese economy.

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Tycoon to the rescue as cheaper China floods Vietnam's economy

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Báo Tuổi Trẻ English 14 month(s) ago

Tycoon to the rescue as cheaper China floods Vietnam's economy

Soldier-turned-tycoon Nguyen Huu Duong is a fierce patriot still fighting to protect his country, four decades after battling American forces in the war in Vietnam.

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Tycoon to the rescue as cheaper China floods Vietnam's economy

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Báo Thanh Niên English 14 month(s) ago

Tycoon to the rescue as cheaper China floods Vietnam's economy

A clothes shop in the V+ mall in Hanoi. The mall owner, Nguyen Huu Duong, promised lessees free 50 years leases if they sell only Vietnamese-made products. Photo: Hanoi TV

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SBV expects stable forex

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VOV News English 14 month(s) ago 1 duplicate news

SBV expects stable forex

The forex market has begun to stabilize as the central bank has, once again, pledged that it would not devalue the dong any further for the rest of the year.

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What does Vietnam gain and lose with a devalued Chinese yuan?

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VietnamNet English 14 month(s) ago

What does Vietnam gain and lose with a devalued Chinese yuan?

VietNamNet Bridge - The weaker Chinese yuan will have a negative impact on Vietnam’s trade balance and put pressure on the dong and the stock market, but it will also help ease Vietnam’s debts.

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SBV widens forex trading band. What’s next?

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VietnamNet English 14 month(s) ago

SBV widens forex trading band. What’s next?

VietNamNet Bridge - Economists have repeatedly urged the State Bank of Vietnam (SBV) to devalue the dong in response to the Chinese yuan devaluation. SBV, in its latest move, shows signs that it will continue stabilizing the dong.

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US oil prices fall to fresh six-year low

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Báo Đầu Tư English 14 month(s) ago

US oil prices fall to fresh six-year low

Oil prices skidded to a fresh six-year low on Thursday amid worries about excess supply.

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Vietnam seen devaluing further after busting limit of 2 pct decline

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Báo Thanh Niên English 14 month(s) ago

Vietnam seen devaluing further after busting limit of 2 pct decline

Vietnam’s central bank looks set to devalue the dong again after busting through its goal of limiting depreciation to 2 percent this year as China’s yuan weakened.

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