January 9, 2010
A young woman at a jewelry shop where people can also exchange money on a street in Hanoi What is the impact of a declining dollar? Has the economic crisis really come to an end? Can we expect a new global economic order? Thanh Nien Weekly asks Jonathan Larsen, head of Consumer Banking and Global [...]
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March 16, 2009
LookAtVietnam – Viet Nam will seek bids from domestic buyers for US dollar-denominated Government bonds for the first time next Wednesday.The US$300 million raised from the sale – the first for the year – will be used for key projects and to finance the budget deficit.Projects to benefit have yet to be identified.Finance Ministry Decision [...]
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March 2, 2009
A teller counts US dollar notes at an ACB branch in Ho Chi Minh City. Bankers said the surge in demand for the dollar is temporary and is caused by companies trying to buy the greenback using their newly granted loans. They said the governmentâs subsidy program is only for dong loans, and many companies, [...]
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February 23, 2009
Customers change money at the Quoc Trinh Exchange Shop in Hanoi on Friday.VietNamNet Bridge – A single dollar cost as much as VND18,000 on the street on Friday.The price represented a VND200-300 depreciation against the dollar within a day and a VND350-450 fall since Thursday morning.Gold shops on Ha Trung and Tran Nhan Tong streets, [...]
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