Putin's got a new problem with China

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Báo Thanh Niên English 2 hour(s) ago

Putin's got a new problem with China

As Chinese leader Xi Jinping welcomes Russian President Vladimir Putin to Beijing this week to celebrate the anniversary of the end of World War II, the news on the economic front for the two would-be allies isn’t nearly as positive.

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Flexible fiscal & monetary policies help boost economic growth

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Báo điện tử CP English 2 day(s) ago 3 related news

VGP – In spite of numerous difficulties, the Vietnamese economy continued to attain positive indicators in almost all fields.

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Vietnam poised to achieve economic target despite currency fall: experts

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Báo Thanh Niên English 1 day(s) ago

Vietnam poised to achieve economic target despite currency fall: experts

Last month the central bank devalued the dong for the third time this year. Photo: Ngoc Thang

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Vietnamese businesses scared stiff about yuan devaluation

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VietnamNet English 3 day(s) ago

Vietnamese businesses scared stiff about yuan devaluation

VietNamNet Bridge - Vietnamese enterprises doing business with China are deeply concerned about the Chinese yuan depreciation, now at a two-decade low.

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SBV expects stable forex

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VOV News English 2 day(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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Vietnam has reasons not to sharply devalue the dong

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VietnamNet English 4 day(s) ago

Vietnam has reasons not to sharply devalue the dong

VietNamNet Bridge - If Vietnam devalues the dong sharply, regulatory agencies will find it difficult to implement the plan to slash medium- and long-term bank loan interest rates, and the public debt will become worse.

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Mixed blessing from China’s stock market crash

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VietStock FI English 5 day(s) ago

Mixed blessing from China’s stock market crash

While the devaluation of the yuan may work in overseas property markets’ favour, including Cambodia, what has been referred to as‘Black Monday’ could drag down the local real estate sector, said industry experts.

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Dong devaluation will have ‘modest’ impact on Vietnam's property market: report

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Báo Thanh Niên English 6 day(s) ago 2 related news

Dong devaluation will have ‘modest’ impact on Vietnam's property market: report

Vietnam’s recent devaluation of the dong will have a limited impact on the real estate market as the market is largely fueled by domestic demand and dominated by domestic supply, property research firm CBRE said in a new report.

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Surprised by global impact of yuan move, China looks to calm markets

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Báo Thanh Niên English 6 day(s) ago

Surprised by global impact of yuan move, China looks to calm markets

China has been so surprised by the global reaction to its currency devaluation that it is likely to keep the yuan on a tight leash in the near-term to head off a currency war that could spark a broader financial crisis, policy insiders say.

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Dong devaluation will have ‘modest’ impact on property market: report

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Báo Thanh Niên English 6 day(s) ago 2 related news

Dong devaluation will have ‘modest’ impact on property market: report

Vietnam’s recent devaluation of the dong will have a limited impact on the real estate market as the market is largely fueled by domestic demand and dominated by domestic supply, property research firm CBRE said in a new report.

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SBV to hold forex rate steady until early 2016

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VietnamNet English 1 week(s) ago 1 related news

SBV to hold forex rate steady until early 2016

The State Bank of Viet Nam has said it would hold the exchange rate steady till the end of the year and also in the early months of 2016.

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State Bank pledges stable exchange rate, forex market until early 2016

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Báo điện tử CP English 1 week(s) ago 5 related news

State Bank pledges stable exchange rate, forex market until early 2016

VGP - The State Bank of Viet Nam (SBV) affirmed that it would not make any more adjustments to the exchange rate and would apply all necessary measures to stabilise the exchange rate and foreign exchange (forex) market by the end of 2015 and in the early months of 2016.

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Int'l organizations praise exchange rate adjustments

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Báo điện tử CP English 1 week(s) ago

VGP – Representatives of several international organizations welcomed Viet Nam’s move to devalue its currency and increase exchange rate flexibility, regarding this as a sound, positive and flexible step in response to recent developments in the global market.

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SBV assures no further dong/dollar exchange rate changes

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Báo Dân Trí English 1 week(s) ago 2 related news

SBV assures no further dong/dollar exchange rate changes

The State Bank of Vietnam (SBV) will not make any further adjustment to the Vietnam Dong/US Dollar exchange rate this year, SBV Deputy Governor Nguyen Thi Hong said in a press release issued late on August 24.

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China cuts rates, reserve ratio to aid economy

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Báo Thanh Niên English 1 week(s) ago 1 related news

China cuts rates, reserve ratio to aid economy

China's central bank cut interest rates and lowered the amount of reserves banks must hold for the second time in two months on Tuesday, ratcheting up support for a stumbling economy and a plunging stock market that has sent shockwaves around the globe.

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