November 19, 2011
An undated file photo taken at the Toyota Vietnam plant. Toyota President Akio Toyoda said last week the company isn’t considering reducing investment in Thailand. Japanese companies, Thailand’s biggest foreign investors, may spend more to build factories in neighbors including Indonesia and Vietnam after the worst flooding in 70 years disrupted global production. “Executives recognize [...]
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July 31, 2011
Hanoi-born artist unafraid to take traditional instrument to new spaces Vo Van Anh playing the dan tranh at a concert in Ho Chi Minh City last week. The San Francisco based artist said her biggest desire was to introduce the traditional zither to world friends and the young Vietnamese. Every time she takes the [...]
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June 11, 2011
Sixteen former Vinashin officials and three government ministries implicated in the company’s financial debacle A ship assembled by the Vietnam Shipbuilding Industry Group (Vinashin)’s Ha Long Ship Building Company in the northern Quang Ninh Province. Three government ministries and 16 former Vinashin officials have been implicated by a team of government inspectors in the [...]
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January 18, 2010
The interbank interest rate last week saw interest rates on all kinds of loans decrease by 0.07-2.23 percent, following previous week’s interest rate decrease trend. For the second consecutive week, the interbank interest rate decreased considerably. Interest rates of overnight and one week loans, which are the most popular, dropped sharply by 2.23 percent and [...]
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October 27, 2009
Short-term lending rates in the Vietnamese dong have risen on the interbank market, partly supported by corporate demand as the economy is recovering, bankers said on Monday. Fixings for overnight loans rose to 7.33 percent on Monday from 7.25 percent last Friday, Reuters data showed.But rates on loans for longer terms of up to 12 [...]
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October 10, 2009
A second stimulus package that is smaller in scale and more focused than the first is required to sustain Vietnam’s still fragile recovery from the economic crisis. Nguyen Huu Canh Street in HCMC cost VND419 billion to build but it has been plagued by flooding since it opened in 2002The global economy is showing signs [...]
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Posted in Business, News | Comments Off
October 10, 2009
Nguyen Huu Canh Street in HCMC cost VND419 billion to build but it has been plagued by flooding since it opened in 2002 A second stimulus package that is smaller in scale and more focused than the first is required to sustain Vietnamâs still fragile recovery from the economic crisis, experts say. The global economy [...]
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Posted in Business, News | Comments Off
August 31, 2009
Banks in Vietnam cut their dollar lending rates on the interbank market in the past week due to a growing surplus after firms switched to borrowing in Vietnamese dong under a government stimulus package, bankers said. The State Bank of Vietnam said on Monday banks cut their dollar lending rates for nearly all terms in [...]
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July 7, 2009
Interest rates for overnight dong loans on Vietnamâs interbank market rose in the past week as banks sought more funds to meet end-of-the-month reserve requirements, bankers said Monday. They said banks were offering as much as 6.8 percent per year for the overnight dong loans, up from an average of about 5.5 percent at the [...]
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July 6, 2009
LookAtVietnam – The VN-Index last week experienced its third straight week of declines, as trading volumes slumped on the HCM City Stock Exchange. On the Ha Noi Stock Exchange last week, the HNX-Index closed at 145.76 after losing 9.98 points on the week, or 6.41 per cent.Major newcomers Vietcombank (VCB) and Bao Viet Holdings (BVH) [...]
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Posted in Business, News | Comments Off
