Posts Tagged ‘ Hui Wrote ’

Vietnam rate may be on hold until 2010: Standard Chartered

June 4, 2009
Vietnam rate may be on hold until 2010: Standard Chartered

Vietnam’s central bank may keep its benchmark interest rate unchanged until the middle of next year, Standard Chartered Plc said, revising a previous forecast of a cut by this month. The UK-based bank had predicted in April that the State Bank of Vietnam would lower its key rate to 5 percent by the end of [...]

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State Bank cuts refinancing, discount rates; base rate to follow?

April 11, 2009
State Bank cuts refinancing, discount rates; base rate to follow?

The State Bank of Vietnam’s decision to cut the refinancing rate to 7 percent from 8 percent will make it cheaper for commercial banks’ cost of raising funds The State Bank of Vietnam lowered refinancing and discount rates to help combat a deepening economic slowdown. The bank cut the refinancing rate to 7 percent from [...]

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Vietnam corporate optimism tops other Asian nations: bank report

February 22, 2009
Vietnam corporate optimism tops other Asian nations: bank report

Vietnamese banks’ willingness to extend loans seems to be returning as a result of the government’s fiscal stimulus package, according to Standard Chartered Plc. Companies in Vietnam are more optimistic about the future of the country’s economy than in other Asian nations, according to Standard Chartered Plc. The Vietnamese economy expanded 6.2 percent last year, [...]

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Feature

Vietnam, Cuba foreign ministries to bolster ties

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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...