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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January 10, 2012
Vietnam’s government may weaken the dong this year as gold buying puts downward pressure on the currency, according to economists who advise the prime minister. The country may adjust the dong-dollar reference rate by five percent to six percent in 2012, the National Financial Supervisory Commission wrote in a report released in Hanoi on [...]
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August 27, 2011
In 1954, the year Vietnam was split in two by the Geneva Accords, Do Thi Mien bought her first gold ring with money she had earned selling grass to cow farmers. For more than 55 years, Mien remained a gold bug, like most of her compatriots, investing almost exclusively in the yellow metal. She [...]
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June 4, 2011
Shoes and materials are laid on the ground of a factory in the handicraft shoe village of Gie Ha, south of Hanoi. Vietnam’s trade deficit has just kept ballooning over the years and economists don’t see it stopping any time soon, given the country’s heavy reliance on imported materials and machinery. The deficit widened to [...]
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December 11, 2010
Vietnam said it received US$7.9 billion in pledges of grants and low-interest loans, a decline from the previous year’s figure that may fan concern the nation risks running short on foreign inflows. The pledges were made at the meeting of the Consultative Group on Vietnam, Minister of Planning and Investment Vo Hong Phuc said [...]
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January 31, 2010
LookAtVietnam – The real estate market will remain stagnant if the State Bank maintains its tight monetary policy through the first half of this year, experts warn.However, this lull provides a good opportunity for people with real housing needs rather than speculators to buy properties, according to experts. Nguyen Son Trung, director of HCM City-based [...]
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January 24, 2010
Workers at a Malaysian firm in Ho Chi Minh City wait after their boss left Vietnam while still owing them VND100million Pham Thi Trinh, a leather shoe worker in the southern province of Binh Duong, has been at home without work or pay for three months after her South Korean bosses suddenly disappeared towards the [...]
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January 22, 2010
Hanoi’s CPI up 1.30 percent in January; Guidelines on consumption tax for alcohol products; Officials eye Senegal as promising export market Hanoi’s consumer price index (CPI) in January rose 1.30 percent over the previous month, the city’s Statistics Office reported. The index was up 7.96 percent over the same period last year. Ten of the [...]
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January 11, 2010
The Vietnam National Tourism Administration (VNAT) has said it would launch a new discount campaign this month to attract more tourists following a successful promotional program last year. LookAtVietnam – The Vietnam National Tourism Administration (VNAT) has said it would launch a new discount campaign this month to attract more tourists following a successful promotional [...]
Tags: campaign, Foreign Arrivals, Last year, Last Year The, million, National Tourism, percent, tourism, Vietnam
Posted in News, Travel | Comments Off
