Vietnam’s growth holds above 6 pct aided by gains in manufacturing

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Báo Thanh Niên English 14 hour(s) ago

Vietnam’s growth holds above 6 pct aided by gains in manufacturing

Vietnam’s growth held above 6 percent in the first quarter as manufacturing supported an economy that’s still grappling with an overhang of bad debt.

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Why China wants yuan to be the world’s 5th reserve currency

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Báo Thanh Niên English 3 day(s) ago

Why China wants yuan to be the world’s 5th reserve currency

China is a step closer to obtaining Special Drawing Rights status for its currency from the International Monetary Fund, a move that would see the yuan joining the greenback, euro, yen and British pound.

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China central bank steps up easing tempo as factory activity shrinks

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Báo Thanh Niên English 3 week(s) ago

China central bank steps up easing tempo as factory activity shrinks

Weakness in China's vast manufacturing sector, aggravated by high real borrowing costs and weak demand, appears to have driven the central bank to accelerate the pace of monetary easing to ward off deflation in the world's second-largest economy.

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Earning lavish income from planting crops on empty construction land in Vietnam

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Báo Tuổi Trẻ English 1 month(s) ago

Earning lavish income from planting crops on empty construction land in Vietnam

Landless farmers have corrected the ‘waste’ of construction land left fallow for years by planting short-term crops such as watermelon.

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Vietnam may reduce lending rates with new housing stimulus package

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Báo Thanh Niên English 1 month(s) ago

Vietnam may reduce lending rates with new housing stimulus package

Vietnam's central bank plans to launch its second housing stimulus package in two years, aiming to reduce borrowing costs for home buyers to boost the sluggish market.

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Circular regulates foreign currency lending

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VietnamNet English 1 month(s) ago

Circular regulates foreign currency lending

The State Bank of Viet Nam (SBV) recently issued Circular No. 43/2014/TT-NHNN (December 25, 2014) on lending in foreign currency by credit institutions and foreign bank branches to residents. The circular applies to credit institutions and foreign bank branches authorised to conduct foreign-exchange activities and lending foreign currency to Borrowers (Lender), and residents borrowing from Lenders (Borrowers).

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Circular regulates foreign currency lending

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VietNam News English 2 month(s) ago

The State Bank of Viet Nam (SBV) recently issued Circular No. 43/2014/TT-NHNN (December 25, 2014) on lending in foreign currency by credit institutions and foreign bank branches to residents. The circular applies to credit institutions and foreign bank branches authorised to conduct foreign-exchange activities and lending foreign currency to Borrowers (Lender), and residents borrowing from Lenders (Borrowers).

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SBV allows foreign currency lending to continue through 2015

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Báo Đầu Tư English 2 month(s) ago

SBV allows foreign currency lending to continue through 2015

The State Bank of Vietnam has just issued a new circular allowing credit institutions to continue offering short-term foreign currency loans to the end of 2015.

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Vietnam to issue $1bn additional sovereign bond following November bond sale

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Báo Tuổi Trẻ English 3 month(s) ago

Vietnam to issue $1bn additional sovereign bond following November bond sale

Vietnam will continue to issue an additional US$1 billion in government bonds to international capital markets with a 10-year term after the successful bond issuance in November this year, the head of the Ministry of Finance said Wednesday in a conference in Hanoi.

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Ruble sinks to 80 a dollar defying surprise Russia rate increase

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Báo Thanh Niên English 3 month(s) ago

Ruble sinks to 80 a dollar defying surprise Russia rate increase

The ruble plunged to 80 a dollar for the first time as investors speculated Russia will announce capital controls after the largest interest-rate increase in 16 years failed to revive confidence in the currency.

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If crude oil prices fall, will the public debt go up?

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VietnamNet English 3 month(s) ago 2 related news

If crude oil prices fall, will the public debt go up?

VietNamNet Bridge – Economists have warned that the drop in the crude oil price will put pressure on the public debt, because the government will have to issue more bonds and increase borrowing.

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Moody's ups VN banking system's rating to stable

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VietnamNet English 3 month(s) ago 3 related news

Moody's Investors Service raised the outlook on Vietnam's banking system to stable from a negative assessment, noting a stable business climate, improved macro-economic situation and easing liquidity stress.

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Moody's ups VN banking system's rating to stable

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VietnamPlus English 3 month(s) ago 3 related news

Moody's ups VN banking system's rating to stable

Moody's Investors Service raised the outlook on Vietnam's banking system to stable from a negative assessment, noting a stable business climate, improved macro-economic situation and easing liquidity stress.

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Thai billionaire’s debt spree evokes Asian crisis memory

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Báo Thanh Niên English 3 month(s) ago

A borrowing spree by Thai billionaire Dhanin Chearavanont that raised debt to almost six times equity is adding to mounting corporate liabilities and reviving memories of the 1997 Asian crisis.

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Moody's ups Vietnam banking system's rating to stable

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VOV News English 3 month(s) ago 3 related news

Moody's Investors Service raised the outlook on Vietnam's banking system to stable from a negative assessment, noting a stable business climate, improved macro-economic situation and easing liquidity stress.

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