Bank scotches currency rumours

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VietnamNet English 2 hour(s) ago

Bank scotches currency rumours

VietNamNet Bridge – The State Bank of Viet Nam denied speculation last week that it was preparing to adjust the exchange rate.

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Tumblr deal sparks talk on next big tech target

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Báo Đầu Tư English 3 hour(s) ago

Tumblr deal sparks talk on next big tech target

The billion-dollar deal for Tumblr has stirred talk on the next big acquisition target in the sector, with cash-rich tech giants looking for the next potential star.

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Dong depreciates 1pct against US dollar in Jan-Aug

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Báo Tuổi Trẻ English 8 month(s) ago

The Vietnam dong devalued around 1 percent against the US dollar in the first 8 months of this year, according to the government website Chinhphu.vn.

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Million dollar coastal apartments face difficulties in finding customers

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Báo Dân Trí English 2 day(s) ago

Million dollar coastal apartments face difficulties in finding customers

People have spent billions of VND to buy luxury coastal apartments as investments. However, they are struggling to find customers.

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Central bank dispels forex rate adjustment rumor

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Báo Tuổi Trẻ English 3 day(s) ago

Central bank dispels forex rate adjustment rumor

The State bank of Vietnam on Friday announced that there is no plan in adjusting the foreign exchange rates at the moment, following a wave to increase the US dollar selling prices from local banks.

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Dollar surges, backed by positive US data

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Báo Đầu Tư English 3 day(s) ago

Dollar surges, backed by positive US data

The dollar marched higher on Friday against other major currencies, buoyed by improvement in US data and signs that the Federal Reserve is not bothered about deflation.

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Developing countries to get bigger share of investments: World Bank

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Báo Tuổi Trẻ English 4 day(s) ago

Developing countries to get bigger share of investments: World Bank

WASHINGTON – The percentage of global investment that goes to developing countries should triple in the next two decades as emerging economies catch up to richer nations and become more integrated into financial markets, the World Bank predicted in a report on Thursday.

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Banks hike exchange rate again

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SaigonTimes English 4 day(s) ago

Banks hike exchange rate again

HCMC – Local banks increased the dong-U.S. dollar exchange rate to over VND21,000 on Thursday afternoon, with Techcombank quoting the rate at the upper limit of VND21,036 per dollar.

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Euro sinks on poor eurozone growth data

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Báo Đầu Tư English 5 day(s) ago

Euro sinks on poor eurozone growth data

A fresh report showing a shrinking eurozone economy contributed to a downward slide of the euro on Wednesday.

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'Mad Men' star Hamm shooting new film in India

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Báo Đầu Tư English 6 day(s) ago

'Mad Men' star Hamm shooting new film in India

Hollywood actor Jon Hamm has begun shooting his new film in the home of Bollywood, according to those working on the movie.

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Can the home market bounce back?

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Báo Đầu Tư English 6 day(s) ago

Can the home market bounce back?

Many Asian property markets have made spectacular recoveries since global economic troubles struck. The multimillion dollar question is, can Vietnam follow in their footsteps, writes Marc Townsend, CBRE Vietnam managing director.

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Life below the line, with a dollar a day

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Báo Tuổi Trẻ English 1 week(s) ago

Life below the line, with a dollar a day

With Vietnam’s poverty standard line ruled as earning just VND500,000 (US$24) per capita a month, meaning less than one US dollar a day, it is certainly hard to live ‘below the line’, but you can’t imagine how it is in reality.

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US fines Indian drug giant Ranbaxy $500 mn

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Báo Tuổi Trẻ English 1 week(s) ago

US fines Indian drug giant Ranbaxy $500 mn

WASHINGTON – US authorities announced Monday a $500 million dollar fine against Indian generic pharmaceutical manufacturer Ranbaxy after it pleaded guilty to selling adulterated drugs in the United States.

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US dollar higher, yen slips again after G7 meeting

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Báo Đầu Tư English 1 week(s) ago

US dollar higher, yen slips again after G7 meeting

The US dollar edged higher Monday following last week's strong gains and the yen slipped again after G7 finance chiefs reiterated over the weekend their pledge against competitive devaluations.

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Australian aid spending on hold in tight budget

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VietNam News English 1 week(s) ago

Australia will delay its foreign aid spending targets and close its embassy in Budapest as the government scrambles to rein in costs to meet revenue shortfalls, Foreign Minister Bob Carr said on Monday.

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