Local banks recovering from a long slump

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Báo Đầu Tư English 1 month(s) ago

Since the beginning of this year the shares of many banks have appreciated significantly, with the increases ranging from 8 per cent to even 80 per cent.

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HCM City remittances worth $2.1 billion in H1

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Báo Đầu Tư English 1 month(s) ago

Remittances to HCM City in the first six months of the year were worth US$2.1 billion, marginally up from the same period last year, according to the State Bank of Viet Nam’s HCM City branch.

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Credit growth shows positive signs

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Báo điện tử CP English 1 month(s) ago 4 related news

VGP – As of May 25, credit growth expanded 6.53%, higher than the rate of 5% in the same period in 2016 and 4% in 2015. The figure showed positive signs amidst unfavorable economic context and slow public investment disbursement, said a senior official.

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Interest rates remain stable: survey

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Báo Đầu Tư English 1 month(s) ago

Interest rates for deposits and loans and bond yields have remained relatively steady since the end of January, as inflation is under control and foreign exchange rate is stable.

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Power tariff likely to keep unchanged this year

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Báo Đầu Tư English 6 month(s) ago

The Ministry of Industry and Trade (MoIT) has not yet decided to adjust power tariffs this year and has been calculating basic prices, the ministry on Friday announced at an electricity production cost conference in Ha Noi.

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Unlocking FX hedge may be next in reform agenda

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Báo Đầu Tư English 8 month(s) ago

Vietnam is committed to opening the doors to foreign investors and improving market access, and unlocking its foreign exchange hedging market is what the country can consider to do first hand.

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A Vietnamese perspective from inside North Korea – P5: The blue, red won

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Báo Tuổi Trẻ English 9 month(s) ago

Visitors are not allowed to use local currency, except in certain areas - another intrigue regarding the hermit country.

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EVN announces surprise profitability

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Báo Dân Trí English 9 month(s) ago

Despite reporting billions in losses in the first half of the year, the Vietnam Electricity Group (EVN) has just estimated a profit of VND2trn(USD89.54m) to VND3trn for 2016.

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Foreign exchange market: bumpy ride in next few months

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Báo Đầu Tư English 9 month(s) ago

The dong/dollar exchange rate unexpectedly fluctuated in late October with the official rate quoted on October 29 at VND22,045 per dollar, an increase of VND26 per dollar compared with one week before and VND96 with September.

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Cabinet issues resolution on October meeting

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Báo điện tử CP English 9 month(s) ago

VGP - Ensuring the stability of foreign exchange rates and liquidity in the banking system, and electricity and medical service costs topped the agenda of the Government’s October regular meeting resolution.

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Vietnam Electricity reports massive losses, debts in H1/2016

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Báo Tuổi Trẻ English 9 month(s) ago

Despite a revenue increase, Vietnam Electricity still suffered massive losses and incurred major debts in the first six months of this year, with the state-run power monopoly blaming changes in foreign exchange.

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VN will record 20% credit growth: SBV official

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Báo Đầu Tư English 10 month(s) ago

The Deputy Governor of the State Bank of Viet Nam (SBV), Nguyen Thi Hong, told members of the European Chamber of Commerce in Viet Nam (EuroCham) on Monday in Ha Noi that she is optimistic her institution will achieve its yearly goals.

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Vietnam’s foreign currency reserves at record high

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Báo Dân Trí English 10 month(s) ago

So far this year the State Bank of Vietnam has bought over 10 billion USD in foreign exchange, increasing the country’s reserves to a record high of more than 40 billion USD.

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Vietnam’s foreign currency reserves at record high

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SaiGon GP English 10 month(s) ago 1 related news

So far this year the State Bank of Vietnam has bought over 10 billion USD in foreign exchange, increasing the country’s reserves to a record high of more than 40 billion USD.

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VN foreign currency reserves at record high

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Báo Đầu Tư English 10 month(s) ago 1 related news

So far this year the State Bank of Viet Nam has bought over US$10 billion in foreign exchange, increasing the country's reserves to a record high of more than $40 billion.

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