Central bank to closely monitor forex market

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VietNam News English 5 hour(s) ago 2 related news

The State Bank of Viet Nam has said that it would closely monitor exchange rate movements and balance of payment figures to manage the rate in a manner that would encourage dong holdings and limit shifting to US dollar holdings.

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Domestic automobile market on the rise

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VietnamPlus English 1 day(s) ago

Automobile sales in May reached 9,731 units, representing an increase of 42 percent year-on-year and 11 percent against the previous month, the Vietnam Automobile Manufacturers’ Association have revealed.

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Hobby blocs build on mutual love of LEGO

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VietNam News English 1 week(s) ago

Hobby blocs build on mutual love of LEGO

The country has many collectors, with the biggest groups unsurprisingly being based in Ha Noi and HCM City, where disposable income is higher and the expensive nature of the hobby less prohibitive.

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Vietnam statistics just don’t add up

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Báo Thanh Niên English 2 week(s) ago

Vietnam statistics just don’t add up

PHOTO: REUTERS

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China export gains seen halved with fake-data crackdown

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Báo Thanh Niên English 2 week(s) ago

China export gains seen halved with fake-data crackdown

A container ship is berthed at the Yangshan Deep Water Port in Shanghai. Photo: Bloomberg

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Vietnam public debt could get out of hand: house committee

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Báo Thanh Niên English 3 week(s) ago

Vietnam public debt could get out of hand: house committee

PHOTO: AFP

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NA deputies grapple with bad debt confusion

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SaigonTimes English 2 week(s) ago

HANOI – Explanations from Governor Nguyen Van Binh of the State Bank of Vietnam (SBV) on the bad debt over the weekend failed to give National Assembly (NA) deputies a clearer picture on the problem, as figures are deemed conflicting.

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Hidden truth

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SaigonTimes English 2 week(s) ago 1 related news

Despite the fragile health of the economy, it seems that all its sicknesses have yet to be uncovered by financial doctors who are hampered at every turn.

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Unemployment down, why is the economy not good

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VietnamNet English 2 week(s) ago

Unemployment down, why is the economy not good

VietNamNet Bridge - Typically, in many countries around the world, the unemployment indicator is used to assess the health of the economy. If this rate is low, the economy is healthy and is creating more jobs. But it is different in Vietnam.

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Big differences in statistics make economists puzzled

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VietnamNet English 3 week(s) ago

Big differences in statistics make economists puzzled

VietNamNet Bridge – Economists, while pointing out that the reports released by different state agencies are at variance, said that it’s very difficult to find out effective solutions to the current situation with such the unreliable statistics.

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Enterprises want more tax guidance

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SaigonTimes English 3 week(s) ago

HCMC – Most companies said they want more tax guidance from relevant authorities, according to the latest figures in Grant Thornton’s International Business Report (IBR).

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Are SOE leaders being rewarded for incompetence?

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Báo Thanh Niên English 1 month(s) ago

In its latest report tabled in the parliament, the State Audit Office of Vietnam has revealed that the leaders of the state-owned Vietnam Northern Food Corporation, better known as Vinafood 1, were paid VND56.5 million (US$2,686) a month each on average in 2011.

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Trade gap increases in first half of May

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SaiGon GP English 3 week(s) ago

Figures from Vietnam Customs showed that trade gap in the first half of May hit US$830 million, much higher than the trade gap of $723 million in April.

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Negative CPI pushes stocks up

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SaigonTimes English 1 month(s) ago

HCMC – The local market started the week in a positive note on Monday as both HCMC and Hanoi City posted up negative CPI (consumer price index) figures for the third straight month.

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Officials question housing inventory surge

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Báo Thanh Niên English 1 month(s) ago

Officials question housing inventory surge

New statistics show that real estate inventory rose sharply over the first quarter despite a lag in new projects, but officials suggest that last year’s stats may have ignored unfinished units while this year’s included all planned housing.

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