Burgeoning offshore deposits no cause for alarm

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Báo Đầu Tư English 1 week(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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Vietnamese deposit $7.3b abroad

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Báo Đầu Tư English 2 week(s) ago

Vietnamese deposit $7.3b abroad

Viet Nam saw US dollar deposits overseas skyrocketing, possibly due to foreign currency policies implemented by the central bank, the Việt Nam Institute for Economic and Policy Research (VEPR) said.

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Local stocks draw in foreign capital

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Báo Đầu Tư English 2 week(s) ago

Local stocks draw in foreign capital

Foreign investors continue to favour Vietnam as a stable investment destination amid global economic uncertainty, but they still need stronger incentives to stay in the country for the long term. Michel Tosto, head of Institutional Sales at Viet Capital Securities, spoke with VIR’s Phuong Nguyen about how Vietnam can bolster ongoing commitment from overseas investors.

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Business fields that face the biggest challenges in 2016

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VietnamNet English 2 month(s) ago

Business fields that face the biggest challenges in 2016

VietNamNet Bridge - Natural rubber, sea shipping, pharmaceuticals, seafood, oil & gas, and steel enterprises are expected to be under pressure this year, according to securities firms.

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New forex policy undermining speculation in VN

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VietnamNet English 3 month(s) ago 1 related news

New forex policy undermining speculation in VN

The central bank's new exchange rate management policy has helped reduce the US dollar speculation in the domestic economy, an official said at an online discussion.

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Forex policy undermining speculation

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VOV News English 3 month(s) ago 1 duplicate news 1 related news

Forex policy undermining speculation

The central bank's new exchange rate management policy has helped reduce the US dollar speculation in the domestic economy, an official said at an online discussion.

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New exchange rate policy reduces dollar speculation

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Báo Đầu Tư English 3 month(s) ago

New exchange rate policy reduces dollar speculation

The new exchange rate management policy has helped reduce the US dollar speculation in the domestic market, an official said at an online discussion yesterday.

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Dong devaluation fears dampened secondary bond market in 2015

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Báo Đầu Tư English 3 month(s) ago 1 related news

Dong devaluation fears dampened secondary bond market in 2015

The total value of traded bonds and bills in the secondary market in 2015 via outright and repo transactions was VND930,495 billion (USD42.5 billion), up by only 3.5 per cent compared to the previous year.

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Chinese volatility vexes Cambodia

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VietStock FI English 4 month(s) ago

Chinese volatility vexes Cambodia

For the second time in five months, the Shanghai Composite Index saw large corrections this week triggering a newly installed circuit breaker to halt trading on Monday and Thursday.

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China's woes rattle global markets

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Báo Đầu Tư English 4 month(s) ago

China's woes rattle global markets

Stock markets across the globe slumped and oil plumbed new depths Thursday as signs of a dramatic slowdown in powerhouse China put fright into investors about the outlook for the global economy.

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China lets yuan fall faster, sends markets reeling

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Báo Tuổi Trẻ English 4 month(s) ago

China lets yuan fall faster, sends markets reeling

SHANGHAI, Jan 7 - China accelerated the devaluation of the yuan on Thursday, sending currencies across the region reeling and domestic stock markets tumbling, as investors feared the Asian giant was kicking off a virtual trade war against its competitors.

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Vietnamese-born Australian added to under-30 stock millionaire list

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VietnamNet English 4 month(s) ago 1 related news

Vietnamese-born Australian added to under-30 stock millionaire list

VietNamNet Bridge - Young faces have appeared on the list of millionaires who have stock assets worth millions of dollars. These include a Vietnamese-Australian who has stocks worth VND85 billion.

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Vietnam changes dollar/dong rate setting frequency; dong dips

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Báo Thanh Niên English 4 month(s) ago 1 related news

Vietnam changes dollar/dong rate setting frequency; dong dips

Vietnam allowed its currency to ease on Monday as it resumed a more flexible foreign exchange policy for interbank dollar/dong transactions, a move that could trigger a gradual devaluation in the local currency.

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Vietnam sets mid-point rate at 21,896 dong/dollar: central bank

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Báo Thanh Niên English 4 month(s) ago 1 related news

Vietnam sets mid-point rate at 21,896 dong/dollar: central bank

Vietnam set the mid-point rate for the dong currency at 21,896 to the dollar for interbank transactions on Monday, the first day it resumed a policy of adjusting the rate on daily basis to allow more flexibility.

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Weekly roundup: Fake coffee, state budget strain, street crime

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Báo Thanh Niên English 4 month(s) ago

Weekly roundup: Fake coffee, state budget strain, street crime

Something in the water: The dark and deadly secret behind Saigon cheap coffee

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