Cbank buys greenback to anchor Vietnam dong value as boost for export

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

Cbank buys greenback to anchor Vietnam dong value as boost for export

The State Bank of Vietnam (SBV) earlier this month bought a huge volume of U.S. dollars in an effort to prevent the greenback from devaluing against the local currency, the Vietnam dong, to promote export.

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Vietnam to lower key policy rates to support economic growth

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Báo Thanh Niên English 6 month(s) ago

Vietnam to lower key policy rates to support economic growth

Vietnam will cut its key policy rates from tomorrow, as the government tries to support businesses and bolster a struggling economy. Stocks rose.

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Vietnam rules out devaluing dong, threatens strong intervention

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Báo Thanh Niên English 15 month(s) ago

Vietnam rules out devaluing dong, threatens strong intervention

Vietnam’s central bank said it has no plans for a repeat of last month’s dong devaluation, the first since 2011, and pledged to support the currency.

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Top shrimp exporter to delist

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VietNam News English 17 month(s) ago 1 related news

Top shrimp exporter to delist

Shrimp processor and exporter Minh Phu (MPC), Viet Nam's biggest shrimp company, plans to delist its shares in order to charge higher prices for them.

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State Bank warns of devaluation

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VietNam News English 18 month(s) ago

The Vietnamese dong could be devalued by as much as 2 per cent against the US dollar this year, said Governor of the State Bank of Viet Nam Nguyen Van Binh.

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Not right time for FX rate adjustment: Cbank

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Báo Tuổi Trẻ English 20 month(s) ago

It’s not the right time for any foreign exchange rate adjustment, or the devaluation of the Vietnam dong against the US dollar, said a senior official of the State Bank of Vietnam (SBV).

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Cheap iPhone will 'never be the future of Apple'

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Báo Đầu Tư English 21 month(s) ago

Cheap iPhone will 'never be the future of Apple'

Cheapness will "never be the future of Apple products" -- apparently putting paid to rumours of a cheaper iPhone or iPhone mini.

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T-Mobile CMO: subsidized pricing hurts wireless competition, undermines hardware value

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Báo Đầu Tư English 32 month(s) ago

T-Mobile CMO: subsidized pricing hurts wireless competition, undermines hardware value

Could an end to unsubsidized smartphones be on its way for US carriers? If T-Mobile's Chief Marketing Officer Cole Brodman had his way, that familiar on-contract pricing would've gone the way of the Dodo a long time ago.

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Vietnam may adjust reference rate 5-6pct, weakening dong

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Báo Thanh Niên English 35 month(s) ago 1 related news

Vietnam’s government may weaken the dong this year as gold buying puts downward pressure on the currency, according to economists who advise the prime minister.

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Exchange rate to remain volatile towards year-end

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SaigonTimes English 37 month(s) ago 1 related news

Exchange rate to remain volatile towards year-end

HCMC – The central bank has raised the exchange rate between Vietnam dong and the U.S. dollar for the 13th time this month, thus devaluing the local currency by 0.73% since early this month.

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KKR buys Masan stake in biggest Vietnam private equity deal

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Báo Thanh Niên English 44 month(s) ago

KKR & Co. agreed to pay US$159 million for a stake in Vietnamese fish sauce maker Masan Consumer Corp. in the largest private-equity investment in the country.

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Vietnam orders curbs on lending

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Báo Thanh Niên English 46 month(s) ago

Vietnam ordered curbs on lending and urged less use of US dollars and gold as it strives to tame inflation and stabilize the economy.

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HSBC confident in Vietnam’s economic growth

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Báo ĐCS English 46 month(s) ago 1 related news

The UK-based Hong Kong and Shanghai Banking Corporation Limited (HSBC) recently predicted that Vietnam’s economy would see positive growth this year.

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HSBC confident in Vietnam’s economic growth

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Nhân dân English 46 month(s) ago 1 related news

The UK-based Hong Kong and Shanghai Banking Corporation Limited (HSBC) recently predicted that Vietnam’s economy would see positive growth this year.

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HSBC confident in Vietnam’s economic growth

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VOV News English 46 month(s) ago 1 related news

HSBC confident in Vietnam’s economic growth

The UK-based Hong Kong and Shanghai Banking Corporation Limited (HSBC) recently predicted that Vietnam’s economy would see positive growth this year.

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