Forex market calms down after SBV pledges to stabilise rate

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VOV News English 10 hour(s) ago 2 related news

Forex market calms down after SBV pledges to stabilise rate

The foreign exchange (forex) market cooled down on March 26 after the State Bank of Viet Nam (SBV) committed to keeping the exchange rate stable.

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Forex market calms down after SBV pledges to stabilise rate

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VietNam News English 10 hour(s) ago 2 related news

The foreign exchange (forex) market cooled down yesterday after the State Bank of Viet Nam (SBV) committed to keeping the exchange rate stable.

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Tickets for Da Nang fireworks event available next week

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VietnamPlus English 2 day(s) ago

Tickets for Da Nang fireworks event available next week

Tickets for the Da Nang International Fireworks Competition 2015 (DIFC 2015) will go on sale from April 1, the city’s Department of Culture, Sports and Tourism has said.

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BUSINESS IN BRIEF 25/3

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VietnamNet English 2 day(s) ago 1 related news

Tax problems resolved at HCM City dialogue

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PetroVietnam feels concerned for impending FTAs

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VOV News English 3 day(s) ago

PetroVietnam feels concerned for impending FTAs

Vietnam’s oil giant PetroVietnam has just raised concerns over the country’s impending implementation of free trade agreements, claiming this could negatively affect budget contribution of the country’s first oil refinery at Dung Quat and the profitability of the group.

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Strengthening USD stirs concerns over depreciation of VND

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VOV News English 3 day(s) ago 1 related news

Strengthening USD stirs concerns over depreciation of VND

The recent sharp increase in foreign exchange following the appreciation of the greenback on the world market has sparked public concerns over further depreciation of the Vietnamese dong.

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Inefficient industrial parks to be shuttered: Vietnam deputy premier

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Báo Tuổi Trẻ English 4 day(s) ago

Inefficient industrial parks with low occupancy rates will be scaled down or even closed to make room for other socio-economic development plans, Deputy Prime Minister Hoang Trung Hai has announced.

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Banks slash deposit rates early March

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Báo Đầu Tư English 4 day(s) ago 1 related news

Banks slash deposit rates early March

Numerous banks are lowering their interest rates for depositors, citing low inflation, an intended drop in lending rates and ample liquidity as major reasons.

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Credit outgrows deposits

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Báo Đầu Tư English 4 day(s) ago 1 related news

Credit outgrows deposits

The Bureau of Statistics of Hanoi (BSH) reveals that during the first three months of 2015 the capital’s credit has grown 1.8 per cent compared to the end of 2014 and has also outgrown deposits, turning the tide of negative credit growth experienced in the last two years.

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Credit sector to witness a boom in 2015

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VietnamNet English 1 week(s) ago

Credit sector to witness a boom in 2015

VietNamNet Bridge - Commercial banks have shown determination to increase lending in 2015, while businesses are believed to have better conditions to apply for loans.

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Strengthening US dollar stirs concerns over further depreciation of Vietnam currency

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

Strengthening US dollar stirs concerns over further depreciation of Vietnam currency

The recent sharp increase in foreign exchange rates following the appreciation of the greenback on the world market has sparked public concerns over further depreciation of the Vietnamese dong, which was devalued by one percent to VND21,458 to the dollar on January 7.

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Fed opens door for rate hike

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Báo Thanh Niên English 1 week(s) ago

Fed Chair Janet Yellen says U.S. interest rates could increase as the economy improves, but doesn't specify as to when that might be.

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Oil prices surge as Fed stays cautious on rates

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Báo Đầu Tư English 1 week(s) ago

Oil prices surge as Fed stays cautious on rates

World oil prices jumped on Wednesday as a cautious Federal Reserve statement offset data showing a big increase in US crude inventories.

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Strengthening US dollar stirs concerns over further depreciation of Vietnam currency

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

Strengthening US dollar stirs concerns over further depreciation of Vietnam currency

The recent sharp increase in foreign exchange rates following the appreciation of the greenback on the world market has sparked public concerns over further depreciation of the Vietnamese dong, which was devalued by one percent to VND21,458 to the dollar on January 7.

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Cheap money, oil fuel improvement in global growth outlook: OECD

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Báo Tuổi Trẻ English 1 week(s) ago

Cheap money, oil fuel improvement in global growth outlook: OECD

Cheap oil and money have lifted the eurozone out of lethargy, the OECD said Wednesday, but it warned investment was lacking to achieve rapid world growth and expressed concerns about China.

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