Indian central bank chief to step down in surprise move

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Báo Thanh Niên English 1 week(s) ago

Indian central bank chief to step down in surprise move

India's "rock star" central bank governor Raghuram Rajan, feted by foreign investors but under pressure from political opponents at home, stunned government officials and colleagues on Saturday by announcing he would step down after just one three-year term.

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Vietnam seeks faster bad-debt cleanup with 1st cash purchase

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Báo Thanh Niên English 3 week(s) ago

Vietnam seeks faster bad-debt cleanup with 1st cash purchase

Vietnam is accelerating the cleanup of its financial system to help boost lending in an economy threatened by a crippling drought and lower oil revenue.

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Lack of skills and infrastructure: governments’ biggest obstacles to implement new technology

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Báo Đầu Tư English 3 week(s) ago

Lack of skills and infrastructure: governments’ biggest obstacles to implement new technology

A new report released today by The Economist Intelligence Unit finds that sub-par hardware, manpower shortages and poor data-sharing are hampering uptake of cutting-edge technology by the governments of Indonesia, Malaysia, the Philippines, Singapore and Thailand.

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Time for private businesses to have “greater voices”

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Báo Đầu Tư English 3 week(s) ago

Time for private businesses to have “greater voices”

Now that Việt Nam emphasises the importance of the private business sector, there is a chance for small- and medium-sized enterprises, especially female entrepreneurs, to have “greater voices”.

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Why China's private sector needs a 'high degree of attention'

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Báo Thanh Niên English 1 month(s) ago

Why China's private sector needs a 'high degree of attention'

Xia Xiaokang and Bruno Chen, who both run private-sector companies, are the sort of businessmen that Chinese leaders are increasingly concerned about as economic growth slows.

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China’s economy grinds down a gear as heavy industry drags

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Báo Thanh Niên English 1 month(s) ago

China’s economy grinds down a gear as heavy industry drags

China’s economy resumed its grind toward slower growth in April, weighed down by overcapacity industries such as steel and coal.

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US flight delayed after economist's equations alarm passenger

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Báo Thanh Niên English 1 month(s) ago

US flight delayed after economist's equations alarm passenger

It could be a case of racial profiling -- or doing math in the wrong place at the wrong time.

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Indonesia growth fails to pick up in setback to Jokowi reforms

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Báo Thanh Niên English 2 month(s) ago

Indonesia growth fails to pick up in setback to Jokowi reforms

Indonesia’s economy grew less than analysts expected in the first quarter, a setback to President Joko Widodo’s efforts to rejuvenate growth and implement reforms in Southeast Asia’s largest nation.

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Australian confirms his identity as bitcoin creator: BBC

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Báo Tuổi Trẻ English 2 month(s) ago

Australian confirms his identity as bitcoin creator: BBC

SYDNEY, May 2 - Australian tech entrepreneur Craig Wright told the BBC on Monday he was the creator of controversial digital currency bitcoin, ending years of speculation about a person who until now has gone by the name of Satoshi Nakamoto.

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Burgeoning offshore deposits no cause for alarm

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Báo Đầu Tư English 2 month(s) ago

Burgeoning offshore deposits no cause for alarm

The other investment account in Vietnam’s balance of payment (BOP) that was bolstered up to a whooping $7.3 billion in the third quarter last year was not something unusual or alarming. Eugenia Victorino, ANZ Banking Group’s economist for the ASEAN and Pacific region, explains the phenomenon to VIR’s Trang Nguyen.

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ECB dismisses German criticism, says policies working

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Báo Đầu Tư English 2 month(s) ago

ECB dismisses German criticism, says policies working

The European Central Bank on Thursday dismissed German criticism of its monetary policy, insisting its benefits would take time to unfold, while bank chief Mario Draghi also said Britain's membership in the EU was "mutually beneficial."

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Victoria Kwakwa appointed WB Vice President for East Asia and Pacific Region

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Báo Dân Trí English 2 month(s) ago

Victoria Kwakwa appointed WB Vice President for East Asia and Pacific Region

World Bank Group President Jim Yong Kim has appointed Victoria Kwakwa as the new Regional Vice President for East Asia and Pacific, effective on April 15.

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Quarter of state budget earmarked for debt repayments

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Báo Dân Trí English 2 month(s) ago

Quarter of state budget earmarked for debt repayments

Vietnam is forecast to use up a quarter of the state budget for debt repayments in 2016 and this rate may reach a record high between 2022 and 2025, said a local economist.

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Who will lose out when Vietnam's government increases borrowing?

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Báo Thanh Niên English 2 month(s) ago

Who will lose out when Vietnam's government increases borrowing?

Financing has always been one of the biggest issues for businesses in Vietnam, but economists now warn that it can be even much harder for the private sector to secure bank loans in the months ahead because of a major cash-thirsty competitor: the government.

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World Bank expert talks down fears over rising public debt

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Báo Dân Trí English 2 month(s) ago

World Bank expert talks down fears over rising public debt

Vietnam's public debt may quickly exceed the ceiling set at 65% of GDP, which will result in the national economy's budget risks, warned a World Bank economist.

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