Posts Tagged ‘ Little Changed ’

Vietnam growth holds near 6 pct as higher rates counter exports 

January 3, 2012
Vietnam growth holds near 6 pct as higher rates counter exports 

A street vendor walks past a Chanel SA store inside the Rex Hotel in downtown Ho Chi Minh City, Vietnam, on Tuesday, Dec. 27, 2011. Vietnam’s growth held near 6 percent this quarter, reducing the pressure for further monetary tightening after higher interest rates limited the boost to the economy from exports and domestic consumption. [...]

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Vietnam bonds fall as banks’ demand cools; dong little changed 

November 8, 2011
Vietnam bonds fall as banks’ demand cools; dong little changed 

  Vietnam’s bonds declined on signs bank demand for the securities is weakening. The dong was stable. Vietnam’s bonds declined on signs bank demand for the securities is weakening. The dong was stable. The State Treasury sold a total of VND1.1 trillion ($52.4 million) of three-year and five-year notes on Nov. 3, less than the [...]

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Vietnam bonds rise on bank liquidity; dong is little changed

January 18, 2010
Vietnam bonds rise on bank liquidity; dong is little changed

Vietnam’s five-year bonds advanced, pushing the yield to the lowest level in a week, on speculation banks will have more cash available to purchase the securities. The dong was little changed. A liquidity shortage at banks eased after the central bank injected between VND5 trillion ($270.6 million) and VND6 trillion a day into the money [...]

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Vietnamese dong trades near record low; bonds little changed

November 2, 2009
Vietnamese dong trades near record low; bonds little changed

Vietnamese dong traded near a record low in the interbank market. The government’s benchmark five-year bonds were little changed. The currency traded at 17,861 per dollar as of 2:45 p.m. Monday in Hanoi, according to prices from banks compiled by Bloomberg. It touched a record low of 17,863 on Oct. 30.The State Bank of Vietnam [...]

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Vietnam bonds advance on rising demand; dong little changed

September 28, 2009

Vietnam’s five-year bonds Monday gained, pushing yields to the lowest level in three weeks, on speculation lenders have spare funds to invest in debt. The dong was little changed. “Demand for bonds is increasing as some local banks with surplus cash are investing in the notes,” said Nguyen Duc Dung, head of the fixed-income department [...]

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Vietnam’s bonds rise on bank demand; dong little changed

September 21, 2009

Vietnam’s five-year bonds Monday gained on speculation local banks will have more cash to invest in government debt. The dong was little changed. Commercial banks last week raised the rates on local currency deposits by between 0.2 and 1 percentage point, the central bank said on September 18. The overnight inter-bank deposit fixing fell to [...]

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Vietnam’s bonds rise on bank purchases; dong is little changed

September 17, 2009

Vietnam’s bonds rose for a second day on speculation banks are adding to their government bond investments because of excess cash. The dong was little changed. The yield on the five-year note declined to its lowest level in eight days. The overnight inter-bank deposit fixing dropped to 6.36 percent from 6.38 percent Wednesday, according to [...]

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Vietnam’s bonds rise on bank purchases; dong is little changed

September 17, 2009

Vietnam’s bonds rose for a second day on speculation banks are adding to their government bond investments because of excess cash. The dong was little changed. The yield on the five-year note declined to its lowest level in eight days. The overnight inter-bank deposit fixing dropped to 6.36 percent from 6.38 percent Wednesday, according to [...]

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Exports could recover to last year’s levels: experts

September 5, 2009
Exports could recover to last year’s levels: experts

A female worker sews shirts at a Vietnamese garment company in Hanoi. Vietnam is likely to maintain its export earnings at the same level as last year on the strength of market expansion and partial recovery of the world economy, experts say. “In the context of the world economy recovering faster than expected, and firms [...]

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Vietnam’s 5-year bonds post biggest weekly drop in two months

August 28, 2009

Vietnam’s five-year bonds completed their biggest weekly drop in almost two months on concern a shortage of the local currency will drive money-market rates higher. The dong was little changed. “Liquidity in the market has been relatively low,” said Duong Minh Duc, a fixed-income trader at Saigon Securities Inc. “From now to the end of [...]

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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...