Local banks recovering from a long slump

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Báo Đầu Tư English 3 day(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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Expert warns over possible increase in USD exchange rate

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Báo Đầu Tư English 6 day(s) ago

After the Federal Reserve (Fed) raised the USD interest rate, the domestic exchange rate did not significantly fluctuate. However, when talking with VIR’s Thuy Lien, economist Dr Can Van Luc said that there may be some pressure on the USD exchange rate at the end of 2017.

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Deforestation haunts Vietnam’s Central Highlands

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Báo Tuổi Trẻ English 6 day(s) ago

Countless hectares of forest in Vietnam’s Central Highlands are being destroyed as the result of industrial and agricultural activities conducted by local businesses and residents at such a rate that authorities are unable to prevent the situation.

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SBV looks to up foreign reserves

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Báo Đầu Tư English 6 day(s) ago

The State Bank of Viet Nam’s transaction centre this week raised the reference buying rate for the US dollar by VND50 to VND22,725, revealing its intention to expand foreign reserves.

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HCM City remittances worth $2.1 billion in H1

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Báo Đầu Tư English 6 day(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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Quảng Ninh’s GRDP growth sets five-year record

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Báo Đầu Tư English 1 week(s) ago

Quảng Ninh Province’s gross regional domestic product (GRDP) expanded by 9.6 per cent in the first half of this year against 9.2 per cent in the same period last year.

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215 local firms part of Samsung’s supply chain

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Báo Đầu Tư English 1 week(s) ago

The number of local firms that are part of the supply chain for Samsung’s plants in Viet Nam has increased dramatically to a total of 215 vendors.

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Experts call to raise USD deposit rate

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Báo Đầu Tư English 1 week(s) ago

The policy of zero interest rate on USD deposits is showing some shortcomings and the State Bank of Vietnam (SBV) may need to increase it, especially in light of certain pressures on the VND/USD exchange rate.

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Exchange rates stable despite Fed rate hikes

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Báo Đầu Tư English 1 week(s) ago

The VND/USD exchange rates saw little changes this morning although the US Federal Reserve (Fed) raised interest rates on Wednesday on the confidence in a growing economy and strengthening job market in the world’s biggest economy.

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SE Asia Stocks-Indonesia hits record closing high; Vietnam scales 9-yr peak

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Báo Tuổi Trẻ English 2 week(s) ago

Indonesian shares hit a record closing high on Wednesday, with most markets in the region rising ahead of a likely rate increase by the U.S. Federal Reserve, with investors awaiting more clarity on its future stance.

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HCM City aims for 10-pct growth of cooperative economy

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Báo Đầu Tư English 2 week(s) ago

The co-operative economic sector in HCM City aims to achieve an annual growth rate of 10 per cent from 2017 – 2020, said the municipal Co-operative Alliance’s Chairwoman Le Hoang Yen on Tuesday.

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SE Asia stocks largely up ahead of Fed meet; Vietnam at 9-year high

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Báo Tuổi Trẻ English 2 week(s) ago

Most Southeast Asian markets ended higher on Tuesday, as investors took a cautiously optimistic stance ahead of a U.S. Federal Reserve policy meeting that could provide cues on the pace of rate hikes in the months to come.

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Mounting household waste a headache for Ho Chi Minh City

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Báo Tuổi Trẻ English 2 week(s) ago

The amount of garbage in Ho Chi Minh City is expanding at an alarming rate, putting enormous pressure on the environment and forcing local authorities to come up with solutions quickly.

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VN banks struggle to keep interest rates steady

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Báo Đầu Tư English 2 week(s) ago

From mid-March, Sacombank has been offering certificates of deposit (CDs) denominated in dong to individuals and companies.

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Malaysia to start imposing tourism tax from August

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Báo Đầu Tư English 3 week(s) ago

KUALA LUMPUR: Malaysia will begin imposing its tourism tax from Aug 1 this year, starting from RM2.50 (S$0.80) per room each night, according to details published on the Royal Malaysian Customs Department's website.

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