Vietnamese companies profit handsomely from Euro's slide

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VietNam News English 10 hour(s) ago

The repeated drops in the value of the Euro in 2014 proved advantageous for companies that conduct a sizeable proportion of lending in the currency, thus boosting their profits.

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Dollar mostly up ahead of US GDP; Swiss franc falls

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Báo Đầu Tư English 1 day(s) ago

Dollar mostly up ahead of US GDP; Swiss franc falls

The dollar on Thursday (Jan 29) rose against the yen ahead of a key US economic report, while the Swiss franc fell sharply against the euro and the dollar.

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Greece names anti-bailout finance minister

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VietNam News English 3 day(s) ago 2 related news

Greece has named hardline leftwing economist Yanis Varoufakis as finance minister, handing him the pivotal task of renegotiating the debt-stricken nation's bailout with international creditors after it voted overwhelmingly to reject years of austerity politics.

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Dollar falls on poor US industrial data

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Báo Đầu Tư English 3 day(s) ago

Dollar falls on poor US industrial data

A poor report on US industrial orders put a pause in the dollar's climb against the euro, pushing it back as far as the US$1.14 per-euro line before rebounding slightly.

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EU investments stymied

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Báo Đầu Tư English 4 day(s) ago

EU investments stymied

The Eurozone crisis may hamper investments from Eurozone nations to Vietnam, as the euro’s depreciation makes investments in Vietnam more expensive.

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Greek anti-austerity coalition takes power after bombshell vote

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VietNam News English 4 day(s) ago 2 related news

Alexis Tsipras has been sworn in as Greece's youngest prime minister in 150 years and was set to lead an anti-austerity coalition after a stunning election win that sent shockwaves through Europe.

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Greek leftists ally with right against bailout after huge election win

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Báo Tuổi Trẻ English 5 day(s) ago 4 related news

Greek leftists ally with right against bailout after huge election win

Greek left-wing leader Alexis Tsipras on Monday agreed to team up with a right-wing party to form a new hardline, anti-bailout government determined to face down international lenders and end nearly five years of tough economic measures.

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Euro hits 11-year low on Greece fears, equities muted

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Báo Đầu Tư English 5 day(s) ago 4 related news

Euro hits 11-year low on Greece fears, equities muted

The euro dived at one point to US$1.1088, its lowest level since September 2003, before recovering slightly to US$1.1200, after an anti-austerity party won Greece's election.

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Euro investors are more upbeat about doing business in Vietnam

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Báo Thanh Niên English 5 day(s) ago

The Business Climate Index, a barometer of the business sentiment among European companies operating in Vietnam, rose slightly in the fourth quarter of 2014, according to the European Chamber of Commerce.

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Anti-austerity Syriza storms to historic Greek victory

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VietNam News English 5 day(s) ago 4 related news

Radical left party Syriza swept to power in Greece on Sunday promising to end years of painful austerity policies, in an election victory that puts the country on a collision course with the EU and international creditors.

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Tsipras forged path to power on promise to keep Euro and end austerity

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Báo Thanh Niên English 6 day(s) ago 4 related news

Tsipras forged path to power on promise to keep Euro and end austerity

It was in the U.S. where Alexis Tsipras chose to step into Europe’s political mainstream.

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Euro hits US$1.11 in post-ECB stimulus slide

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Báo Đầu Tư English 1 week(s) ago

Euro hits US$1.11 in post-ECB stimulus slide

The euro fell again against the dollar on Friday (Jan 23), hitting a new 11-year low a day after the ECB unveiled a vast bond-buying program to revive the Eurozone.

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Euro dives to 11-year low after aggressive ECB stimulus

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Báo Đầu Tư English 1 week(s) ago

Euro dives to 11-year low after aggressive ECB stimulus

The euro dived to an 11-year low on Thursday (Jan 22) after the European Central Bank launched a massive bond-buying programme aimed at pulling the eurozone out of near-stagnation and ultra-low inflation.

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Euro firms against dollar on ECB stimulus expectations

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

Euro firms against dollar on ECB stimulus expectations

The euro firmed against the dollar on Wednesday (Jan 21) as the market expected the European Central Bank would launch its first full-scale asset-purchase programme on Thursday to prop up the ailing eurozone.

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Italy seizes more than 5,000 looted antiquities in record haul

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VietNam News English 1 week(s) ago

The Italian government said police had seized more than 5,000 ancient artefacts in a record 45-million-euro haul after dismantling a Swiss-Italian trafficking ring.

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