Posts Tagged ‘ In The Dong ’

Vietnam stocks rise most in 7 months on interest rates optimism 

January 23, 2012
Vietnam stocks rise most in 7 months on interest rates optimism 

  Vietnam’s benchmark stock index on January 19 rose the most in seven months and the currency rallied to a one-month high on speculation the central bank will cut interest rates and limit declines in the dong. The Ho Chi Minh City Stock Exchange’s VN Index climbed 3 percent to 373.43 at the 11 a.m. [...]

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Companies in Vietnam struggling to buy dollars, Citigroup says

February 5, 2010
Companies in Vietnam struggling to buy dollars, Citigroup says

Companies in Vietnam are struggling to buy dollars, damaging confidence in the Asian nation’s currency and financial markets, Citigroup Inc. said. The government in December asked state-owned Vietnam Oil & Gas Group and Vietnam Airlines Corp. to “immediately sell” dollars to banks. The difficulty in getting access to foreign exchange has boosted corporate costs and [...]

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Stimulus package exacts its toll

November 13, 2009
Stimulus package exacts its toll

The government’s stimulus package has come with a cost as inflation has recently been on the rise again. While it has staved off the worst impacts of the global crisis, Vietnam needs to phase out government stimulus, says IMF Senior Resident Representative Benedict Bingham. Thanh Nien: How has the stimulus package contributed to Vietnam’s economic [...]

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In Dong Nai basin, forest dwellers rewarded for good environmental practices

July 10, 2009
In Dong Nai basin, forest dwellers rewarded for good environmental practices

Turning back the tide of environmental degradation that often accompanies development may sound like a tall order. But offering rural inhabitants economic incentives to conserve ecologically sensitive areas could be the answer. The Dai Ninh hydropower plant.A pilot project in the Dong Nai river basin aims to emulate the success of a mechanism known as [...]

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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...