December 5, 2011
Slowing inflation and talk of financial reforms have not boosted market sentiment as expected, and analysts are predicting the worst will not be over any time soon. Phan Dung Khanh, research manager at Kim Eng Vietnam Securities Co., said the stock market may move sideways or only recover slightly next year. Macroeconomic measures taken [...]
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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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December 7, 2009
VietNamNet Bridge – SBV has announced that it will take “drastic measures” put a halt to illegal foreign currency trading, which affects the foreign currency market. In an interview with Lao Dong newspaper, Director of the Foreign Exchange Management Department under SBV, Nguyen Quang Huy, maintained that while the trading volume on the black market [...]
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April 8, 2009
LookAtVietnam – The US dollar has stayed down in the official market for the last two weeks but rose on the street to VND17,900. On gold trading exchanges across Ha Noi, the precious metal was VND19.39-19.47mil a tael. Gold shops on Tran Nhan Tong Street reported slow trade yesterday.The State Bank of Viet Nam has continued [...]
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April 6, 2009
Da Nang defender Phuoc Vinh (L) and Khanh Hoa midfielder Narisu in action during a National Cup quarterfinal match at Nha Trang Stadium last Saturday. The National Cup quarterfinal round was disappointing late last week after the tournament seemed to have got off to an exciting start in the first few rounds of this season. [...]
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March 2, 2009
The gold price this morning unexpectedly rose by VND100,000/tael after many days of staying at VND19.5 mil;opm/tael. However, the market was not bustling on the first day of the week. At opening, SJC Hanoi rose the prices to VND19.5 million/tael (purchase) and VND19.65 million/tael (sale), up by VND20,000 and VND80,000/tael respectively over last Saturday. At Phu [...]
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