Bank of England prepares to tackle Brexit hit

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Báo Thanh Niên English 1 day(s) ago

Bank of England prepares to tackle Brexit hit

The Bank of England (BoE) must decide over the coming week how much trouble Britain's economy is in following the shock vote to leave the European Union, and how much firepower it can throw at the problem.

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SBV keeps close watch on inflation

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Báo điện tử CP English 1 week(s) ago 6 related news

SBV keeps close watch on inflation

VGP – The State Bank of Viet Nam (SBV) will manage the monetary policies towards extricating difficulties for businesses with regard to inflation fluctuations.

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Gov’t mulls poverty reduction

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Báo Đầu Tư English 1 week(s) ago

Gov’t mulls poverty reduction

Deputy Prime Minister Vương Đình Huệ yesterday said poverty reduction policies should not be too excessive because that would eliminate people’s motivation to improve their lives. Instead, these policies should build up people’s will, he said.

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VGCL proposes 11% increase in minimum wage

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Báo Dân Trí English 2 week(s) ago

VGCL proposes 11% increase in minimum wage

The Vietnam General Confederation of Labour (VGCL) has asked the National Salary Council to increase regional minimum wages in 2017 by 10-11 per cent from the current rates.

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More stocks join Club 100

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Báo Đầu Tư English 2 week(s) ago

More stocks join Club 100

More stocks with outstanding growth rates joined 'Club 100' (stock valued from VND100,000 each on the bourses), along with the gain of the local market.

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Fed should hold on rates if Brexit vote hits growth: IMF

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Báo Đầu Tư English 2 week(s) ago 1 related news

Fed should hold on rates if Brexit vote hits growth: IMF

WASHINGTON: The IMF said on Tuesday (Jul 12) that the Federal Reserve should hold off on raising interest rates if Britain's vote to break with the European Union results in slower US growth.

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Success in bond capital mobilisation

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Báo Đầu Tư English 2 week(s) ago

Success in bond capital mobilisation

Despite a good result with capital mobilisation through government bonds during the first half of this year, there are unexpected factors that will affect this market over the rest of 2016. Do Ngoc Quynh, general secretary of the Vietnam Bond Market Association discussed with VIR’s Huu Dao.

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Rare bank robbery raises questions on complacency in safe Singapore

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Báo Thanh Niên English 2 week(s) ago

Rare bank robbery raises questions on complacency in safe Singapore

A rare bank robbery in Singapore has sparked a social media debate on whether the country's low crime rates made authorities and society in general too complacent, while Thai authorities said on Monday they had detained the suspected thief.

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Hotel occupancy rate in Vietnam up slightly: survey

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Báo Thanh Niên English 3 week(s) ago

Hotel occupancy rate in Vietnam up slightly: survey

While the average occupancy rate at high-end hotels in Vietnam rose slightly in 2015, it was significantly lower than that of Thailand and the Philippines, a survey found.

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Water supplier blames losses on forex rates

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VietStock FI English 1 month(s) ago

Listed utility Phnom Penh Water Supply Authority (PPWSA) said in a filing to the Cambodian Securities Exchange (CSX) yesterday that a sharp decline in net profit during the first three months of the year was the result of exchange rate fluctuations.

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Dollar strengthens as central bank lifts rate

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Báo Đầu Tư English 1 month(s) ago

Dollar strengthens as central bank lifts rate

The US dollar strengthened at domestic commercial banks on Monday, following an increase in the reference exchange rate that the State Bank of Viet Nam adjusted for the day.

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Businesses fear loan interest rate hikes as banks pay more for deposits

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Báo Thanh Niên English 1 month(s) ago

Businesses fear loan interest rate hikes as banks pay more for deposits

Commercial banks have hiked deposit interest rates, raising fears about a concomitant lending rate hike, which would deal a big blow to local enterprises that are already struggling to compete with their foreign rivals who can borrow at much lower rates from foreign banks.

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With a British adieu to EU, it's farewell to a Fed rate hike for now

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Báo Thanh Niên English 1 month(s) ago

With a British adieu to EU, it's farewell to a Fed rate hike for now

The U.S. Federal Reserve, already undecided on when next to raise interest rates, now has one more reason to wait: Britain's vote on Thursday to leave the European Union.

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Fuel prices drop slightly

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Báo Dân Trí English 1 month(s) ago

Fuel prices drop slightly

Fuel prices have a small drop on June 20 after six price hikes while diesel and kerosene experienced price increases.

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Banks try to cut loan rates but seek Gov't help

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Báo Đầu Tư English 1 month(s) ago

Banks try to cut loan rates but seek Gov't help

Over a month after the State Bank of Viet Nam called on banks to cut interest rates on loans, particularly to businesses, some banks - including joint stock lenders - have reduced their rates by 0.5-1 per cent.

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