January 14, 2012
Vietnam signaled that it may cut policy interest rates to “more suitable” levels after the first quarter and weaken the dong this year as Asia’s fastest inflation eases. “The central bank will adjust policy rates to more suitable levels, aiming to help ease the average level of market interest rates,” central bank Governor Nguyen [...]
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January 11, 2012
Vietnam will adjust policy interest rates to “more suitable” levels after the first quarter and weaken the dong as much as 3 percent this year, central bank Governor Nguyen Van Binh said. “We believe that 2012 will be a hard year, a challenging year for Vietnam’s economy,” Binh said at a conference in Hanoi [...]
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June 19, 2011
No headway can be made against drinking and driving if punitive measures are not meted out strictly and obviously Vu The Bang, 65, of Binh Phuoc Province’s Dong Phu District crashed into a parking truck in drunk condition and was killed on the spot in an accident last June. The government is discussing a [...]
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June 10, 2011
Vietnam’s consumer confidence continued to fall, a survey found Vietnam’s online consumer confidence continued to fall in the first quarter due to concerns over the current state of the economy, according to a recent survey by Nielsen Vietnam. With its confidence index dipping five points to 98, below the Asia Pacific average of 106, the [...]
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May 22, 2011
At least 220 people were killed in 257 traffic accidents in Ho Chi Minh City in the first quarter of this year. At least 220 people were killed in 257 traffic accidents in Ho Chi Minh City in the first quarter of this year, compared to 176 fatalities the same period last year, municipal officials [...]
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April 27, 2011
Sacombank, Vietnam’s fifth-largest partly private lender by assets, reported first quarter net profit rose nearly 12 percent to VND452.98 billion (US$22 million). Total assets as of March 31 slipped 1.2 percent from the end of 2010 to VND140.10 trillion, the Ho Chi Minh City-based bank said in a statement on its business results excluding [...]
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April 25, 2011
Careless driving, disregard for the law and weak implementation combine to kill increasing numbers of people in road traffic accidents The wrecked vehicles in an accident involving a bus and a freezer truck on April 18 in the north-central province of Ha Tinh that killed three and injured twenty others Five-year-old Ly thinks her [...]
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March 30, 2011
Motorcyclists ride by a newly developped residential quarter in Hanoi Vietnam’s growth slowed in the first quarter after the central bank raised key interest rates to among the highest levels in Southeast Asia to tame inflation. Â Gross domestic product climbed 5.43 percent in the three months through March from a year earlier, according to [...]
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March 27, 2011
The deficit is forecast at $3.03 billion in the January-March period against US$3.43 billion Vietnam’s trade deficit eased slightly in the first three months of 2011, official estimates showed Friday, in a boost for the government as it battles to stabilize its economy. The deficit is forecast at US$3.03 billion in the January-March period, against [...]
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December 10, 2010
Component suppliers for Apple Inc’s iPad are gearing up for a new round of production in the first quarter, sources said on Friday, with one saying the product will be a revamp of the popular tablet computer including front- and back-mounted cameras. Touchscreen chip designer Wintek Corp, battery maker Simplo Technology Co Ltd and [...]
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