Vietnam’s central bank ordered lenders to set aside more dollars as reserves for the second time in less than two months, escalating the nation’s fight to steady the dong and quell the highest inflation in Asia. The reserve-requirement ratio on US dollar deposits will rise by 1 percentage point to a range from 4 [...]
Tags: 13 Percent, 14 Percent, 15 Percent, Bloomberg, Central bank, credit, Credit Growth, currency, deposits, dollar, Dollar Deposits, dollars, earlier, effective, February, growth, inflation, Interest rates, money, months, ordered, percent, Rate For The, rates, Reserve, Reserve Requirement, state, State bank, steady, Steady The Dong, The Dong, The Fourth, The highest, The Nation, The state, The state bank, This year, To Steady The, To Steady The Dong, Vietnam
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A man rides a bicycle past a construction site in Ho Chi Minh City. Real estate trading in the city is very slow, and prices have fallen sharply. Given that the real estate market is facing capital shortages, Vietnam should allow investors to access loans from foreign commercial banks at far lower interest rates. Dang [...]
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“We should think of reform and increase of mandates and power for the FAO,” said PM Nguyen Tan Dung at the WEF’s session on rethinking how to feed the world on January 29. Hereafter is the PM’s full speech at the session: Food security is not merely an economic or humanitarian issue, but also plays [...]
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One of the urgent demands in the world today was to generate bigger democratisation in global governance, said Prime Minister Nguyen Tan Dung in Davos yesterday. Prime Minister Nguyen Tan Dung meets Swiss President Doris Leuthard on his working visit to Switzerland.Dung, addressing the 40th Davos plenary session on reshaping global governance, said this was [...]
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PM Nguyen Tan Dung on January 28 delivered a speech at the World Economic Forum’s Plenary Session on Reshaping the Global Governance in Davos, Switzerlands. Below is the speech in full. PM Nguyen Tan Dung speaks at the WEF on January 28 (photo: government’s website).I would like to share with you my thoughts on reshaping the global [...]
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EU countries support program for rural water supply and sanitation; Egypt’s investment minister pays visit; Slovakian Speaker to visit; Vietnam kicks off preparations to host World Economic Forum EU countries support program for rural water supply and sanitation The UK Department for International Development (DFID), the Embassy of Denmark, and the Embassy of the Kingdom [...]
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In an interview with Tuoi Tre Daily about Hyundai Vinashin’s import of 20,000 tonnes of copper slag, Khanh Hoa’s Vice-Chairperson said that that volume is small compared to past imports. Nix grains transported from the Atlantic Star to HVS’ warehouses on December 30. Did the Hyundai Vinashin Shipyard (HVS) ask for permission to import copper slag? Government [...]
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President Triet begins visit to Italy; PM urges increasing high-quality lawyers for integration; Vietnam supports reconstruction process in Cote d’Ivoire; President meets with Amway Corp. chairman President Triet begins visit to ItalyPresident Nguyen Minh Triet left Hanoi on December 9, beginning his four-day official visit to Italy at the invitation of Italian President Giorgio Napolitano.During his [...]
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Gov’t leaders meet with Indonesian FM; Chief ASEAN, Chinese prosecutors vow to increase cooperation; Argentina-Vietnam friendship parliamentarians group visits Hanoi Gov’t leaders meet with Indonesian FMPrime Minister Nguyen Tan Dung on November 25 received the visiting Foreign Minister of Indonesia, Marty Natalegawa, at his government office.During the talks, PM Dung proposed that Vietnam and Indonesia [...]
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Danish Queen to visit Vietnam; President receives Russian Minister; Cooperative ties with UK highly valued; Deputy PM receives Rok-Vietnam friendship association president; Border provinces strengthen cooperation Danish Queen Margrethe. Danish Queen to visit Vietnam Danish Queen Margrethe and members of the royal family will pay a state-level visit to Vietnam from November 2-6, at the [...]
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Vietnam’s top diplomat has affirmed that the Foreign Ministry will closely cooperate with its Cuban counterpart to implement the agreements reached by the two...
