VND devaluation won’t affect public debt: economists

0 vote(s)Comment

VOV News English 3 day(s) ago 1 related news

VND devaluation won’t affect public debt: economists

Contrary to all predictions, economists have reassured the public that the weaker dong will not worsen the public debt burden of the state.

Keywords: 

VND devaluation won’t affect public debt: economists

0 vote(s)Comment

VietnamNet English 3 day(s) ago 1 related news

VND devaluation won’t affect public debt: economists

VietNamNet Bridge - Contrary to all predictions, economists have reassured the public that the weaker dong will not worsen the public debt burden of the state.

Keywords: 

Import price hikes anticipated, importers indecisive about plans

0 vote(s)Comment

VOV News English 5 day(s) ago 1 related news

Import price hikes anticipated, importers indecisive about plans

The dong devaluation will make goods, especially imports, become more expensive, but analysts say prices will increase slowly.

Keywords: 

Import price hikes anticipated, importers indecisive about plans

0 vote(s)Comment

VietnamNet English 6 day(s) ago 1 related news

Import price hikes anticipated, importers indecisive about plans

VietNamNet Bridge - The dong devaluation will make goods, especially imports, become more expensive, but analysts say prices will increase slowly.

Keywords: 

Finance Ministry proposes freight, fare reduction

0 vote(s)Comment

SaiGon GP English 6 day(s) ago

Finance Ministry proposes freight, fare reduction

The Ministry of Finance has proposed the Ministry of Transport and local authorities to instruct transport companies to lower their freight and fare rates to suit petrol price reduction trend.

Keywords: 

SBV to hold forex rate steady until early 2016

0 vote(s)Comment

VietnamNet English 1 week(s) ago 1 related news

SBV to hold forex rate steady until early 2016

The State Bank of Viet Nam has said it would hold the exchange rate steady till the end of the year and also in the early months of 2016.

Keywords: 

SBV assures no further dong/dollar exchange rate changes

0 vote(s)Comment

Báo Dân Trí English 1 week(s) ago 2 related news

SBV assures no further dong/dollar exchange rate changes

The State Bank of Vietnam (SBV) will not make any further adjustment to the Vietnam Dong/US Dollar exchange rate this year, SBV Deputy Governor Nguyen Thi Hong said in a press release issued late on August 24.

Keywords: 

US dollar stays at high level

0 vote(s)Comment

VOV News English 1 week(s) ago 2 related news

US dollar stays at high level

The greenback rate remained at the ceiling price on August 25 despite the State Bank of Vietnam (SBV)’s August 24 announcement of no adjustment to the VND/USD rate through early 2016.

Keywords: 

SBV to hold exchange rate steady

0 vote(s)Comment

Báo Đầu Tư English 1 week(s) ago 1 related news

SBV to hold exchange rate steady

The State Bank of Viet Nam has said it would hold the exchange rate steady till the end of the year and also in the early months of 2016.

Keywords: 

Vietnam to keep foreign exchange rate stable till year-end: cbank

0 vote(s)Comment

Báo Tuổi Trẻ English 1 week(s) ago 2 related news

Vietnam to keep foreign exchange rate stable till year-end: cbank

The State Bank of Vietnam (SBV), the country’s central bank, will not make any adjustments to the foreign exchange rate between the dong and the U.S. dollar from now until the end of 2015, after the currency has been weakened three times so far this year.

Keywords: 

CPI slightly decreases in August

0 vote(s)Comment

Báo Dân Trí English 1 week(s) ago 1 duplicate news

CPI slightly decreases in August

Recent reductions of fuel prices led to a slight decrease in the country’s consumer price index (CPI) in August, according to Do Bich Ngoc, Deputy Director of the Price Statistics Department under the General Statistics Office (GSO).

Keywords: 

How much value will the dong lose this year?

0 vote(s)Comment

VietnamNet English 1 week(s) ago 1 duplicate news 2 related news

How much value will the dong lose this year?

VietNamNet Bridge - Some international institutions have predicted that the dong will depreciate by 5 percent this year, while economists have urged the government to devalue the currency by more than 10 percent.

Keywords: 

SBV makes third exchange rate adjustment this year

0 vote(s)Comment

Báo Đầu Tư English 1 week(s) ago

SBV makes third exchange rate adjustment this year

On August 19, the State Bank of Vietnam (SBV) increased the average interbank dollar exchange rate by 1 per cent from VND21,673 to VND21,890. The SBV also increased the trading band from +/-2 per cent out to +/-3 per cent. As a result, the ceiling price is now VND22,547, while the floor price is VND21,233 per $1. These moves followed changes made on August 12, when the SBV expanded the trading band from +/-1 per cent to +/-2 per cent.

Keywords: 

International organisations laud SBV exchange rate adjustment

0 vote(s)Comment

Báo Dân Trí English 1 week(s) ago 1 related news

International organisations laud SBV exchange rate adjustment

International organisations lauded the exchange rate and amplitude adjustments made by the State Bank of Vietnam (SBV) as a timely and appropriate move to cushion external shocks.

Keywords: 

IMF official says 'premature' to speak of Chinese crisis

0 vote(s)Comment

Báo Thanh Niên English 1 week(s) ago

IMF official says 'premature' to speak of Chinese crisis

China's economic slowdown and a sharp fall in its stock market herald not a crisis but a "necessary" adjustment for the world's second biggest economy, a senior International Monetary Fund official said on Saturday.

Keywords: 

Top page