Fed raising interest rate to have negligible effect on USD/VND exchange rate: experts

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Báo Đầu Tư English 3 day(s) ago

Fed raising interest rate to have negligible effect on USD/VND exchange rate: experts

The Federal Reserve’s possible raising of the interest rate in June may not cause the USD/VND exchange rate to fluctuate too much, according to some experts.

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China’s economy grinds down a gear as heavy industry drags

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Báo Thanh Niên English 2 week(s) ago

China’s economy grinds down a gear as heavy industry drags

China’s economy resumed its grind toward slower growth in April, weighed down by overcapacity industries such as steel and coal.

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China central bank pledges policy fine-tuning, yuan flexibility

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Báo Thanh Niên English 3 week(s) ago

China central bank pledges policy fine-tuning, yuan flexibility

China's central bank said on Friday that it will fine tune policy in a pre-emptive and timely way, as the economy still faces downward pressure despite signs of steadying.

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China stats bureau called out for profiting from data

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Báo Thanh Niên English 1 month(s) ago

China's Communist Party anti-graft watchdog said on Wednesday that hundreds of staff working for the country's statistics bureau have been using data for personal gain, including collecting fees for providing information and other services.

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China first quarter GDP grows at slowest pace since 2009

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Báo Thanh Niên English 1 month(s) ago

China first quarter GDP grows at slowest pace since 2009

China's economy grew 6.7 percent in the first quarter from a year earlier, meeting expectations and at its slowest pace in seven years, although other indicators show the slowdown in the world's second largest economy may be bottoming out.

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Local banks face liquidity trap as offshore deposits mount

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Báo Dân Trí English 1 month(s) ago

Local banks face liquidity trap as offshore deposits mount

By the end of 2015, the amount of deposited money by Vietnamese nationals in foreign banks reached USD7.3bn, according to the report by the Vietnam Institute for Economic and Policy Research (VEPR).

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China's foreign reserves post first rise in five months

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Báo Thanh Niên English 1 month(s) ago

China's foreign reserves post first rise in five months

China reversed four months of declines in its giant foreign exchange reserves in March, the central bank said Thursday, as the flood of money leaving the country eased.

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108 Vietnamese caught entering China illegally for factory jobs

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Báo Thanh Niên English 2 month(s) ago

Police in China will deport 108 Vietnamese after they were caught crossing the border to find factory jobs with the help of smugglers.

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Oil giant PetroChina pumps lowest profit since 1999

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Báo Đầu Tư English 2 month(s) ago

Oil giant PetroChina pumps lowest profit since 1999

Chinese oil giant PetroChina has posted its lowest profit since 1999 with the company citing a struggling global economy and slump in international oil prices last year.

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China offers $11.5 billion in loans, credit to Southeast Asia

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Báo Thanh Niên English 2 month(s) ago

China offers $11.5 billion in loans, credit to Southeast Asia

China will offer $11.5 billion in loans and credit lines to five Southeast Asian countries for infrastructure and other projects, Premier Li Keqiang said on Wednesday.

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Vietnam trade deficit causes pressure on current account: HSBC

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Báo Thanh Niên English 2 month(s) ago

Vietnam trade deficit causes pressure on current account: HSBC

British bank HSBC has urged Vietnam to take measures to curb its trade deficit, warning it will put pressure on its balance of payments and current account.

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China's central bank chief sounds warning over rising debt

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Báo Thanh Niên English 2 month(s) ago

China's central bank chief sounds warning over rising debt

People’s Bank of China Governor Zhou Xiaochuan sounded a warning over rising debt levels, saying corporate lending as a ratio to gross domestic product had become too high and the country must develop more robust capital markets.

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9 Vietnamese children walk home after escaping human traffickers in China

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Báo Thanh Niên English 2 month(s) ago 1 related news

9 Vietnamese children walk home after escaping human traffickers in China

Quang Ninh border guards have returned nine children to their families after finding them walking across the border from China, following an alleged escape from human traffickers.

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Argentina coast guard sinks Chinese trawler fishing illegally

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Báo Thanh Niên English 2 month(s) ago

Argentina coast guard sinks Chinese trawler fishing illegally

Argentina's coast guard has sunk a Chinese trawler that was fishing illegally within its territorial waters, the coast guard said on Tuesday, marking a first test for relations between President Mauricio Macri and Beijing.

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Vietnam court upholds sentences for mother, daughter in human trafficking case

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Báo Thanh Niên English 2 month(s) ago

Vietnam court upholds sentences for mother, daughter in human trafficking case

An appeal court in Ho Chi Minh City on Monday upheld jail sentences handed down last year to a mother and daughter for trafficking four women to China.

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