January 23, 2012
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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January 3, 2012
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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December 22, 2011
Saigon Thuong Tin Commercial Joint- Stock Bank may sell as much as a 15 percent stake to Credit Suisse Group AG, the Vietnamese lender’s Chief Executive Officer said. The bank’s stock rose to the highest level in almost a month in Ho Chi Minh City. Sacombank, as the lender is known, will start negotiations [...]
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December 17, 2011
If you were asked to describe, in 10 words or less, the single issue driving the two major political parties in the US today, I imagine you’d say something like this: Republicans never met a tax cut they didn’t like; Democrats won’t touch entitlement programs, even to make them solvent. Consider, then, the counterintuitive [...]
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Posted in Life in Vietnam | Comments Off
December 17, 2011
Australian students build a house for a poor man in Vinh Long Province in southern Vietnam early December It seems like an unusual way for Australian teenagers to spend money they earned from part-time jobs, but 13 of them recently used their savings to attend special tours in southern Vietnam where they built houses [...]
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Posted in Sci-Tech | Comments Off
December 6, 2011
Gymnast Pham Phuoc Hung is expected to win 2012 Olympic berths for Vietnam Vietnam has halved its target for Olympic berths in London next year to 10 after reconsidering its athletes’ qualifying chances. According to Hoang Vinh Giang, vice chairman and general secretary of the Vietnamese Olympic Committee, Vietnam has won five berths through badminton [...]
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November 26, 2011
Vietnam’s inflation slowed for a third month in November, and the central bank signaled it may consider lowering interest rates. Consumer prices rose 19.83 percent from a year earlier, after climbing 21.59 percent in October, the General Statistics Office said in Hanoi Friday. The State Bank of Vietnam has room to cut policy rates [...]
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November 24, 2011
Vietnam Joint Stock Commercial Bank for Industry & Trade (CTG), known as VietinBank, has received approval from the country’s central bank for its planned $500 million international bond sale, Deputy General Director Le Duc Tho said in a telephone interview. “Our plan is to sell the bonds in the fourth quarter, but in reality [...]
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November 21, 2011
Emergency rooms in HCMC hospitals are witnessing a massive increase in the number of people wounded in intoxicated brawls Patients being treated at the emergency ward of Ho Chi Minh City’s Cho Ray Hospital. Doctors say there has been an alarming increase in cases of people wounded in fights being admitted to the hospitals. [...]
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November 7, 2011
Retired stage artists are happy to be among their own in the autumn of their lives Then and now: Doan Thien Kim with a photograph taken during her heydays as a cai luong artist in HCMC several decades ago Former cai luong (reformed theater) artist Doan Thien Kim, 77, looks sad whenever she receives [...]
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