Central bank dispels forex rate adjustment rumor

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Báo Tuổi Trẻ English 22 hour(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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Gold takes center stage at meeting with NA deputies

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VietnamNet English 1 week(s) ago

VietNamNet Bridge – Gold management took center stage at a meeting between experts and National Assembly deputies in HCMC on Tuesday, with controversies arousing how to stabilize the market and to make the most of this huge asset at home.

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Monopoly on gold imports under new decree necessary: cbank

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Báo Tuổi Trẻ English 1 week(s) ago 4 related news

Monopoly on gold imports under new decree necessary: cbank

The State Bank of Vietnam (SBV) has reconfirmed that its recent decree on gold management policies help the local gold market operate in a more sustainable manner than before.

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Finance group urges rate cut

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VietNam News English 1 week(s) ago 1 duplicate news 1 related news

Finance group urges rate cut

The National Financial Supervisory Committee has suggested a further cut in the deposit interest-rate cap to 7 per cent to bring down lending rates to around 10 per cent.

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SBV chief shifts view in defending gold management policies

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

SBV chief shifts view in defending gold management policies

People blame the central bank for letting the local gold price rise ever higher in comparison to its international counterpart, as they have misunderstood the central bank’s gold management policies, said the governor of the State Bank of Vietnam.

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Cbank chief shifts view in defending gold management policies

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

Cbank chief shifts view in defending gold management policies

People blame the central bank for letting the local gold price rise ever higher in comparison to its international counterpart, as they have misunderstood the central bank’s gold management policies, said the governor of the State Bank of Vietnam.

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Cbank chief shifts view in defending gold management policies

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Báo Tuổi Trẻ English 1 week(s) ago 3 related news

Cbank chief shifts view in defending gold management policies

People blame the central bank for letting the local gold price rise ever higher in comparison to its international counterpart, as they have misunderstood the central bank’s gold management policies, said the governor of the State Bank of Vietnam.

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Dollar exchange rate moves up strongly

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SaigonTimes English 3 week(s) ago 2 related news

HCMC – The U.S. dollar has firmed sharply against Vietnam dong over the past days, staying at VND21,450 on the unofficial market on Monday.

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Gold prices down to just VND41.60 million per tael

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VOV News English 1 month(s) ago

(VOV) - Domestic gold has fallen by VND41.60 million per tael, down VND450,000 compared to previous transactions on April 14.

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Euro, yen head higher in quiet trade

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Báo Đầu Tư English 1 month(s) ago

Euro, yen head higher in quiet trade

The yen bounced back before crossing the 100 level against the dollar and the euro pushed higher Tuesday as a slow-news day spread relative calm in the foreign exchange market.

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Central bank sells 26,000 taels at 3rd bullion auction

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Báo Thanh Niên English 1 month(s) ago

The State Bank of Vietnam held its third auction of gold bullion April 5, again managing to sell nearly 26,000 one-tael (37.5 grams) bars like in the previous auction.

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Vietcombank awarded Independence Order

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Nhân dân English 1 month(s) ago

Vietcombank awarded Independence Order

Deputy PM Vu Van Ninh presents Independence Order, first class to Vietcombank ( Image: VGP )

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Foreign investment into Vietnam up 7 pct in first quarter

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Báo Thanh Niên English 1 month(s) ago

Foreign direct investment inflows into Vietnam reached $2.7 billion in the first quarter of this year, up 7.1 percent from the same period in 2012, a government agency said.

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Hu Jintao says China to step up efforts to support global growth

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Báo Thanh Niên English 4 month(s) ago

China will work towards bolstering global economic growth in 2013, President Hu Jintao said in a New Year’s Eve address, amid optimism that a recovery in the world’s second-biggest economy is gaining traction.

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Myanmar abolishes double currency mechanism

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VietnamPlus English 2 month(s) ago

The Myanmar Government on March 20 announced the abolishment of the double currency system as part of the Southeast Asian country’s economic reform efforts.

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