SBV expects stable forex

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VOV News English 9 month(s) ago 1 duplicate news

SBV expects stable forex

The forex market has begun to stabilize as the central bank has, once again, pledged that it would not devalue the dong any further for the rest of the year.

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PM chairs meeting on macro-economy

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Báo điện tử CP English 9 month(s) ago 1 related news

PM chairs meeting on macro-economy

VGP – PM Nguyen Tan Dung on August 25 chaired a meeting with relevant ministries and agencies to evaluate impacts of world economy changes on Viet Nam and seek measures to minimize negative effects, exploit advantages, stabilize the macro-economy, and achieve set socio-economic goals.

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Du Gia National Park - Dong Van Stone Plateau established

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Báo điện tử CP English 10 month(s) ago

VGP – The PM has decided to establish the Du Gia National Park - Dong Van Stone Plateau in the northern province of Ha Giang.

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China exports fall as lower demand, strong yuan hurt growth

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Báo Thanh Niên English 10 month(s) ago

China exports fall as lower demand, strong yuan hurt growth

China’s exports declined more than expected in July, hobbled by a strong yuan and lower demand in the European Union, and adding pressure on Premier Li Keqiang to stabilize growth.

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PM wants public debt better controlled

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VietnamNet English 10 month(s) ago

Prime Minister Nguyen Tan Dung has told relevant ministries and agencies to better control public debt and efficiently use public investment to help stabilize the macro economy.

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Vietnamese think economy not running well, prices still too high: survey

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Báo Thanh Niên English 11 month(s) ago

Vietnamese think economy not running well, prices still too high: survey

A new survey has found that many Vietnamese are not happy with high consumer prices and the widening rich and poor gap in their country.

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New rent law could stabilize garment sector, says expert

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VietStock FI English 11 month(s) ago

Prime Minister Hun Sen and opposition leader Sam Rainsy announced publically in February this year that they were committed to working together on a new rent control law that would limit the ability of landlords to increase rental fees between contract periods for lower income workers.

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China considering suspending IPOs amid stock market plunge

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Báo Thanh Niên English 12 month(s) ago

Chinese regulators are considering suspending initial public offerings to stabilize the country’s tumbling stock markets, people familiar with the matter said.

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Government issues May Resolution

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Báo điện tử CP English 12 month(s) ago

VGP – The Government asks ministries, agencies and localities to enhance the implementation of the economic restructuring overall plan, measures to tackle difficulties and support business development, create forces to improve the economy competitiveness and step up administrative reform in a Resolution on its regular meeting in May.

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SBV ready to intervene in forex market

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VietnamNet English 13 month(s) ago

The State Bank of Vietnam (SBV) said it will sell foreign currency to stabilize the exchange rate between the dong and the U.S. dollar days after local banks revised up the rate almost to the permissible ceiling.

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Central bank holds firm to exchange rate stabilising plan, ready to sell forex

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Báo Thanh Niên English 13 month(s) ago 1 related news

Central bank holds firm to exchange rate stabilising plan, ready to sell forex

Photo: Ngoc Thang

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Vietnam ready to sell forex to stabilize exchange rate: c.bank

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Báo Tuổi Trẻ English 13 month(s) ago 1 related news

Vietnam ready to sell forex to stabilize exchange rate: c.bank

Vietnam's central bank stands ready to help stabilize the dollar/dong exchange rate and will keep the two-percent band movement for the rest of the year, a deputy governor said.

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Speeding up restructuring of banking system

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VOV News English 13 month(s) ago 1 duplicate news

Speeding up restructuring of banking system

(VOV) -The banking system restructuring has resulted in positive changes, the most notable involving bad debts and interest rates.

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VND depreciates another 1% against USD, no more room for forex policy maneuver

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Báo Đầu Tư English 13 month(s) ago

VND depreciates another 1% against USD, no more room for forex policy maneuver

The State Bank of Vietnam (SBV), the country’s central bank, on Thursday devalued the Vietnamese dong by another one percent after already doing so earlier this year.

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VND depreciates another 1% against USD, no more room for forex policy maneuver

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Báo Tuổi Trẻ English 13 month(s) ago 3 related news

VND depreciates another 1% against USD, no more room for forex policy maneuver

The State Bank of Vietnam (SBV), the country’s central bank, on Thursday devalued the Vietnamese dong by another one percent after already doing so earlier this year.

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