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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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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February 5, 2010
Business confidence among Viet Nam’s small- and medium-sized enterprises (SMEs) climbed 10 points in the fourth quarter last year, . . . Sandy Flockhart, HSBC’s chairman of personal and commercial banking, said: “Our small business confidence index is telling us that confidence levels are back to pre-financial crisis levels. Not only are SMEs confident that [...]
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January 21, 2010
The State Bank of Vietnam building in Ly Thuong Kiet St., Hanoi Vietnamâs central bank was âpro- activeâ and âforcefulâ in raising interest rates last year, which may limit the extent of further increases in borrowing costs in 2010, Australia & New Zealand Banking Group Ltd. said. The Southeast Asian nationâs central bank boosted its [...]
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January 20, 2010
LookAtVietnam – Real estate experts all share the same viewpoint that the apartment market will be quiet in 2010. Oversupply makes sales difficult Brett Ashton, managing director of Savills Vietnam, has advised investors to take care in making investment decisions, warning that while people think the market is heating up, the market is going the opposite [...]
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January 10, 2010
Milk prices slide, farmers see losses; Overseas remittances down 12.8%, says State Bank; Hanoi to host int’l trade, investment fair; Businesses optimistic about economic development in 2010; Coffee exports hit record high Milk prices slide, farmers see losses Dairy farmers in Ho Chi Minh City’s Cu Chi District January 8 said they have been forced [...]
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December 31, 2009
Vietnamâs economy expanded at the fastest pace in more than a year in the fourth quarter as lending growth fueled construction and consumer sales. Gross domestic product grew 6.9 percent from a year earlier after a revised 6.04 percent gain in the third quarter, the General Statistics Office said in Hanoi Thursday. For 2009 overall, [...]
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November 17, 2009
LookAtVietnam – HSBC still says Vietnam’s stock market is less attractive than other regional markets. HSBC highlighted that after reaching a peak of 600 points in late October 2009, the VN Index had decreased by eight percent by November 9. The VN Index has lost more points than other Asian markets from the beginning of the [...]
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November 2, 2009
LookAtVietnam – Real estate developers believe that the package is not big enough to warm up the real estate market. “The extended short term interest rate subsidy program will not have a big impact on the real estate market,” stated General Director of Dat Xanh Real Estate Company Luong Tri Thin. He noted that [...]
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October 1, 2009
Vietnamâs gross domestic product grew 4.56 percent in the first nine months this year Vietnamâs economy needs to expand by more than 6.8 percent in the fourth quarter to realize the annual growth target of more than five percent, Prime Minister Nguyen Tan Dung said in a statement Thursday. To achieve the yearâs target, all [...]
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