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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November 4, 2011
Vietnam’s bonds on Thursday rose the most since August on speculation banks will seek the safety of government securities as rising interest rates boost the risk of bad loans. The dong was little changed. Non-performing debt may more than double to 5 percent of total bank credit in the country by year-end from 2.16 [...]
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October 14, 2011
A protester chants during an Occupy Wall Street march in New York October 1, 2011 Anti-Wall Street protesters vowed to keep up their fight on Sunday despite the arrests of more than 700 people the previous day for blocking traffic lanes on the Brooklyn Bridge in an unauthorized protest. Police issued more than 700 summonses [...]
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Posted in International | Comments Off
October 11, 2011
Workers of Taiwanese-owned footwear company Pou Yuen Vietnam Co., Ltd. in Binh Tan District, Ho Chi Minh City, on strike last year. A former official from the Ministry of Public Security says the right to strike needs to be protected by laws in Vietnam. The Law on Demonstration is being drafted by the Ministry [...]
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Posted in Reports | Comments Off
September 4, 2011
Farmers transport rice after harvesting it outside Hanoi. Vietnam is expected to export a record 7.3 million tons of rice this year. The prices of many agricultural products are rising in the world market, but Vietnamese exporters may not be able to capitalize on this opportunity because their stocks are thin. Coffee prices have surged [...]
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November 22, 2010
Amidst serene beauty, a national park is losing its treasures Taking flight: White storks at the Xuan Thuy National Park in Nam Dinh Province, 150 kilometers southwest of Hanoi. Many flora and fauna species at the park are said to be on the verge of extinction. Squawk The tranquility of a world at repose [...]
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November 21, 2010
The online labor market has seen bigger growth in supply than demand in the third quarter of this year. Supply increased 12 percent over the previous quarter while demand is up only 7 percent. Compared to the same period last year, the third quarter of 2010 saw a 34 percent jump in labor demand [...]
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February 4, 2010
LookAtVietnam – It is now the high shopping season, but buyers are ignoring electronics and home appliances. Despite many sales promotions, home appliance centres in HCM City these days are not as bustling as expected. Thai Thanh Son, marketing director of Nguyen Kim Trade Company, said that consumers seem to have purchased everything they need a [...]
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February 2, 2010
LookAtVietnam – Commercial banks have purchased $450 million from state owned conglomerates and general corporations since the beginning of January 2010. The move follows a Government request for dollars to be sold to help stabilize the foreign currency market. The information was released by the deputy governor of the State Bank of Vietnam Nguyen Dong Tien [...]
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January 29, 2010
Vietnamâs central bank has extended the duration of short-term loans it offers banks in open market operations to four weeks, and increased the volume of cash it lent banks last week, a local newspaper reported Friday. The lending term had been extended from the previous range of two to three weeks to allow banks to [...]
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