Sustainable growth wins FDI trust

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Báo Đầu Tư English 1 month(s) ago

Sustainable growth wins FDI trust

Vietnam’s commitment to macroeconomic stability has paid dividends in terms of attracting interest from foreign investors, writes Tony Diep (left), managing director and Hawkins Pham (right), head of advisory, Indochina Capital.

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Overseas Vietnamese in Ukraine still safe

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VietnamPlus English 1 month(s) ago

Overseas Vietnamese in Ukraine still safe

The Vietnamese community in Kharkov, one of the hot spots in Ukraine, is still safe amid the political tensions, according to Chairman of the Overseas Vietnamese Association in Kharkov Tran Duc Tua.

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Forex stability remains key to ensuring sustainable growth

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Báo Đầu Tư English 4 month(s) ago 1 related news

Forex stability remains key to ensuring sustainable growth

Prime Minister Nguyen Tan Dung has required the State Bank to continue stabilise the dong’s exchange rate in 2014.

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SBV stays steadfast amid recommendation on currency devaluation

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VietnamNet English 4 month(s) ago

SBV stays steadfast amid recommendation on currency devaluation

VietNamNet Bridge – Two independent reports about Vietnam’s macro economy recommending the local currency devaluation of 2-4 percent in 2014 have been released.

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VND slight depreciation believed to be the best choice

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VietnamNet English 5 month(s) ago

VND slight depreciation believed to be the best choice

VietNamNet Bridge – The current factors of the national economy allow to stabilize the dong/dollar exchange rate. However, economists believe that it would be better to depreciate the local currency slightly so as to encourage exports.

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Local banks unable to tap foreign sector market

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Báo Thanh Niên English 5 month(s) ago

Local banks unable to tap foreign sector market

Dollar notes are counted on a teller’s desk at a bank in Ho Chi Minh City

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Vietnam expected to rake in $25 bln by year-end

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Báo Tuổi Trẻ English 5 month(s) ago

Vietnam expected to rake in $25 bln by year-end

The disbursement of foreign direct investment (FDI) and official development assistance (ODA) capitals, plus overseas remittances, is forecast to surge to $25 billion by the end of 2013, according to the national financial watchdog.

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VND depreciation won’t be sharp enough to give people a start

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VietnamNet English 6 month(s) ago

VietNamNet Bridge – No one thinks that the dong would be devaluated by 2 percent by the end of the year. In general, Vietnam would need more than 3 months for such a big currency devaluation.

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Dong devaluation looking less likely

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VietNam News English 6 month(s) ago

A healthier level of foreign currency reserves eased pressure on the State Bank of Viet Nam (SBV) to devalue the dong, according to an ANZ economics update released late last week.

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Dollar prices drop back at Vietcombank

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SaigonTimes English 6 month(s) ago 1 related news

Dollar prices drop back at Vietcombank

HCMC – Vietcombank on Wednesday revised down U.S. dollar buying and selling prices after suddenly increasing the prices on Tuesday due to high demands of some foreign companies.

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Dong devaluation not to exceed 2%, says SBV

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SaigonTimes English 6 month(s) ago

HCMC – The exchange rate between Vietnam dong and the U.S. dollar may increase by 2% in the final months of this year but the fluctuation may not exceed this level, according to a representative of the central State Bank of Vietnam (SBV).

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VND will be devaluated, but when and how?

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VietnamNet English 6 month(s) ago

VND will be devaluated, but when and how?

VietNamNet Bridge – Vietnam considers devaluating the dong in an effort to boost the export after a long period of keeping the dong/dollar exchange rate stable.

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No forex rate adjustment – a real relief

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Báo Tuổi Trẻ English 14 month(s) ago 1 related news

No forex rate adjustment – a real relief

The director of the State Bank of Vietnam (SBV), Nguyen Van Binh, has told Tuoi Tre that the operating mechanism of the foreign exchange rate between the US dollar and the Vietnam dong in 2013 would not change from 2012.

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Vietnam growth outlook remains stable

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VOV News English 8 month(s) ago

Vietnam growth outlook remains stable

(VOV) -Vietnam could see lower growth rates due to tighter US monetary policy and a slowdown in China's growth, but currency devaluation, robust consumption and government spending will help protect growth rates.

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Viet Nam growth outlook remains stable

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VietNam News English 8 month(s) ago 1 duplicate news

Viet Nam could see lower growth rates due to tighter US monetary policy and a slowdown in China's growth, but currency devaluation, robust consumption and government spending will help protect growth rates, according to the latest report from accountancy institution ICAEW.

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