October 8, 2011
Vietnam’s central bank increased its refinancing rate for the first time since May, as the nation tries to steady its currency and tame Asia’s fastest inflation. The State Bank of Vietnam raised the refinancing rate to 15 percent from 14 percent, effective Oct. 10, it said in a statement on its website Thursday. The [...]
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October 9, 2009
A nurse takes care of a newborn baby at Tu Du hospital in Ho Chi Minh Cityâs District 1 Around 65-70 infants die every day in Vietnam, according to a US NGO promoting a new campaign to reduce the number. The rate of infant deaths is much higher than that caused by traffic accidents, but [...]
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September 30, 2009
A Vietnamese resident tries to get into his flooded house after Typhoon Ketsana swept through Hoi An. Vietnamese Prime Minister Nguyen Tan Dung urged ârapidâ rescue and relief efforts for central Vietnam after Typhoon Ketsana smashed into the coast Tuesday, leaving at least 74 people dead. Local government offices must use all available resources to [...]
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August 11, 2009
Tellers count money at a Viet Bank branch in Ho Chi Minh City. Vietnam will restrict commercial banks from giving loans with short-term funds to ensure the stability of the banking system, according to a statement on the central bankâs website Monday. State Bank of Vietnam Governor Nguyen Van Giau has set a maximum limit [...]
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July 8, 2009
Vietnamese banksâ total outstanding loans rose 17.53 percent in the six months ending June compared with a year earlier, the central bank said in a statement on its website Tuesday. Credit in the banking system grew 17 percent during the period compared with the end of last year, the State Bank of Vietnam said. Total [...]
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June 10, 2009
Among ringtones offered for sale by companies providing services for cell phone users, only dialogue-form ringtones performed by some Vietnamese comedians are copyright-protected products. No agency has full statistics about how many Vietnamese and international music works are being sold by companies providing services for mobile phone users in Vietnam. Doing business on bodies of [...]
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June 8, 2009
Vietnamâs banks remain seemingly immune to the global economic turmoil and continue to report healthy profits and strong credit growth. Saigon Thuong Tin Commercial Bank, the Ho Chi Minh Stock Exchangeâs only listed lender, made a profit of VND660 billion (US$37.1 million) in the five months to May 31, the bank said in an email, [...]
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May 15, 2009
Trading Emissions Plc, a UK investor in environmental and emissions assets, plans to build a wind-power plant in Vietnam. The plant may cost about US$150 million and will be located in the central province of Ninh Thuan, the Ministry of Industry and Trade said in a statement on its website. It did not give more [...]
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March 21, 2009
LookAtVietnam – Share prices on Vietnam’s main market in HCM City see-sawed on Friday before dropping slightly, as investors remained in sell-off mood to take profits from several days of rising shares. The VN-Index retreated soon after the opening bell amid heavy selling. Analysts said some investors reacted cautiously to yesterday’s correction. But the benchmark [...]
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March 14, 2009
The flooded Bui Vien Street in Ho Chi Minh City, whose future development is very vulnerable to climate change The Energy Conservation Center of Ho Chi Minh City (ECC) Friday announced several campaigns for participating in the international Earth Hour event. The annual event, begun two years ago, calls for an hour of darkness to [...]
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