Dollar surges, backed by positive US data

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Báo Đầu Tư English 4 day(s) ago

Dollar surges, backed by positive US data

The dollar marched higher on Friday against other major currencies, buoyed by improvement in US data and signs that the Federal Reserve is not bothered about deflation.

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Asset management body to be set up in bid to tackle debt

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VietNam News English 6 day(s) ago

The Viet Nam Asset Management Company (VAMC) will be established later this month, said member of the National Financial and Monetary Policy Advisory Council Le Xuan Nghia.

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Vietnam cuts interest rates as global monetary easing spreads

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Báo Thanh Niên English 1 week(s) ago

Vietnam cuts interest rates as global monetary easing spreads

Vietnam said it would cut interest rates to boost economic growth, joining nations from Sri Lanka to Australia in easing monetary policy.

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Government bond sales depend on bank credit, asset growth

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VietnamPlus English 2 week(s) ago 1 duplicate news

Government and Government-backed bond sales in the first four months of the year were looking positive but achieving the target for the year will depend on credit expansion and the growth of total assets of credit institutions.

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Economist Poloz tapped to lead Canada's central bank

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VietNam News English 2 week(s) ago

The Bank of Canada on Thursday named an economist and longtime bureaucrat, Stephen Poloz, as its new governor, succeeding Mark Carney who is leaving to head the Bank of England next month.

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Time for monetary policy loosening

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VietnamNet English 2 week(s) ago

Time for monetary policy loosening

VietNamNet Bridge – The State Bank of Vietnam has slashed the ceiling deposit interest rates several times in an effort to reduce the loan interest rates and increase the amount of capital to be pumped into the national economy.

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Foreign investors needed for bad debt settlement: expert

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VietnamNet English 3 week(s) ago 1 related news

Foreign investors needed for bad debt settlement: expert

VietNamNet Bridge – Policies should be made more liberal for foreign investors to get involved in debt trading, and thus bad debt settlement can be accelerated, said Dr. Le Xuan Nghia, member of the National Advisory Council for Monetary Policy.

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Japan’s economic stimulus package brings high hopes to Vietnamese

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VietnamNet English 3 week(s) ago

Japan’s economic stimulus package brings high hopes to Vietnamese

VietNamNet Bridge – Vietnam’s exports to Japan have been supported not only by bilateral and multilateral trade agreements, but also by the new economic stimulus package launched by the Japanese government worth $1.4 trillion.

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Gold price gap creates fertile land for illegal imports

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VietnamNet English 3 week(s) ago 1 related news

Gold price gap creates fertile land for illegal imports

VietNamNet Bridge – The record big gap between the domestic and international gold prices has prompted speculators to import gold to sell domestically for profit.

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Foreign investors needed for bad debt settlement: expert

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SaigonTimes English 1 month(s) ago 1 related news

HCMC/HANOI – Policies should be made more liberal for foreign investors to get involved in debt trading, and thus bad debt settlement can be accelerated, said Dr. Le Xuan Nghia, member of the National Advisory Council for Monetary Policy.

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Vietnamese businesses get benefits from Japan’s loosened monetary policy

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VietnamNet English 1 month(s) ago

Vietnamese businesses get benefits from Japan’s loosened monetary policy

VietNamNet Bridge – The Japanese central bank has decided to loosen the monetary policy in an effort to raise the inflation rate to 2 percent, which would bring benefits to many Vietnamese businesses, according to Maybank Kim Eng Vietnam Securities Company (MBKE).

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IMF warns of potential financial risks of loose monetary policy

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VietnamNet English 1 month(s) ago

The International Monetary Fund (IMF) on Thursday warned central banks to be alert to the potential financial risks of super-loose monetary policy adopted to cope with the financial crisis.

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Lending still constrained: ADB

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SaigonTimes English 1 month(s) ago 1 related news

HANOI – Lending is still constrained by ambiguous financial status of banks and even when the monetary policy is eased, Vietnam’s economic growth remains subdued, said the Asian Development Bank (ADB).

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Asian markets up on China data, yen sinks further

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Báo Đầu Tư English 1 month(s) ago

Asian markets up on China data, yen sinks further

Asian markets rose, boosted by positive inflation data from China, while Tokyo extended its winning streak as the yen sank to multi-year lows.

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GM Holden blames Japan for Australian woes

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Báo Đầu Tư English 1 month(s) ago

GM Holden blames Japan for Australian woes

GM Holden blamed Japanese monetary policy for lagging car sales that have forced it to axe 500 jobs in Australia, with the plunging yen driving Japanese export costs down.

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