Tag: stable

HCM City leader calls for stable supply of goods, services for Tet

VietNamNet Bridge – City authorities and enterprises should focus on stabilising the local market and ensuring sufficient supply of essential goods and commodities to meet residents’ demand during the Tet (Lunar New Year) holidays, Customers at the Metro Cash&Carry wholesale centre in HCM City. Many stores are buying up goods to meet demands... Read more

Dollar demand soars, but exchange rate will stay stable

VietNamNet Bridge – Though the dollar price has been increasing in the last few days, bankers still affirm that the VND/US$ exchange rate will remain stable as supply is still good. The greenback price has unexpectedly risen by VND250/US$1 in the last week – a sharp increase if noting that it had been stable since August 2008. The price hit the... Read more

Local monetary market stable: central bank

VietNamNet Bridge – Despite fluctuations in the world financial market caused by the ongoing financial crisis in the U.S., the monetary situation in Viet Nam has remained stable, the State Bank of Viet Nam (SBV) said on Friday.  Deals made at the Vietcombank’s HCM City Branch.The liquidity of the country’s banking system is secure and the... Read more

VND/US$ exchange rate to remain stable amid crisis

VietNamNet Bridge – Foreign currency prices have not been greatly affected by the world’s financial crisis. The greenback value has been staying firm, while experts believe that the currency will not weaken. The news about the rejection of the $700bil bailout by the US House of Representative and about the pumping of hundreds of billions of dollars... Read more