November 26, 2009
LookAtVietnam – SBV this morning decided to raise the basic interest rate and adjust both the official exchange rate and trading band. Analysts say the central bank has chosen to take drastic measures to stabilize an overly hot market instead of taking more gradual, smaller steps. A series of decisions were released by Governor of the [...]
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October 3, 2009
When it was opened in 2007, Da Phuoc waste treatment complex was praised for its modern technology. However, local residents have complained of pollution caused by this project. The Da Phuoc complex burries 3000 tones of rubbish per day. The Da Phuoc complex was put into operation in November 2007, on a 128 hectare island in [...]
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September 10, 2009
LookAtVietnam – The VND/US$ exchange rate has reached the highest peak in history: banks quoted the exchange rate at 17,832 dong per dollar this morning. The dollar price climbed to the highest ever level of 17,832 dong per dollar this morning after the State Bank of Vietnam announced the interbank exchange rate of 16,983 dong [...]
Tags: 16 980, 16 980 Dong, 16 980 Dong Per, 16 983, 16 983 Dong, 16 983 Dong Per, 16 989, 16 989 Dong, 16 989 Dong Per, 17 832, 17 832 Dong, 25 2008, 832 Dong, 980 Dong, 980 Dong Per, 980 Dong Per Dollar, 983 Dong, 983 Dong Per, 983 Dong Per Dollar, 989 Dong, 989 Dong Per, 989 Dong Per Dollar, announced, applied, August, banks, Been Increasing, By Commercial Banks, Central bank, Commercial, Commercial banks, December, December 25, dollar, Dollar Price, Dollar This Morning, dollars, Dong Per, Dong Per Dollar, Dong Per Dollar The, Dong Per Dollar This, exchange, Exchange rate, Exchange Rate Has, Exchange Rate Has Been, Exchange Rate Quoted, Exchange rates, Five Percent, Five Percent Trading, Five Percent Trading Band, Has Been Increasing, highest, Highest Peak, history, increased, increasing, Interbank, Interbank Exchange, Interbank Exchange Rate, Interbank Exchange Rate Has, July The Interbank, July The Interbank Exchange, morning, official, Official Exchange, Official Exchange Rate, Payment For Imports, Per Dollar, Per Dollar The, Per Dollar This, Per Dollar This Morning, percent, Percent Over, Percent Trading, Percent Trading Band, price, Quoted, Rate Has Been, Rate Has Been Increasing, Rate Quoted, rates, Since The End, state, State bank, Than The Official, Than The Official Exchange, That The Exchange, That The Exchange Rate, That Time Was, The central, The central bank, The Dollar, The Dollar Price, The exchange, The Exchange Rate, The Exchange Rate Quoted, The Five, The Five Percent, The Five Percent Trading, The highest, The Highest Peak, The Interbank, The Interbank Exchange, The Interbank Exchange Rate, The Official, The Official Exchange, The Official Exchange Rate, The state, The state bank, The Trading, The Trading Band, The Vnd, This Morning, Three Percent, trading, Trading Band, Us Exchange, Vietnam
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September 10, 2009
LookAtVietnam – Domestic manufacturers of five-seat cars saw splendid sales in August: 3,528 five-seaters were sold in the month. Statistics released by the Vietnam Automobile Manufacturers’ Association (VAMA) showed that in the first six months of the year, Vietnamese automobile manufacturers sold only 2,200 five-seaters a month, but sales exceeded 3,000 cars a month in [...]
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September 5, 2009
Online traders at Sacombank Jewelry Companyâs gold exchange in Ho Chi Minh City Gold exchanges are the big winners in the mad rush to gamble on changes in the yellow metalâs price. Gold fever is sweeping Vietnam.It manifests itself in the burgeoning number of gold exchanges and the countless thousands of old hands and neophytes [...]
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September 3, 2009
VietNamNet Bridge – US$ deposit and lending interest rates offered by commercial banks have been increasing again after a long period of staying at low levels. Banks began raising US$ deposit interest rates in late August and early September, a new trend in the monetary market. Prior to that, in the second quarter of 2009, [...]
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July 13, 2009
Deputy Minister of Planning and Investment Cao Viet Sinh is confident that commodity prices will not rise more than 7-8 percent. Deputy Minister Cao Viet Sinh: Our GDP growth rates in the first and second quarters of 2009 (3.1 and 4.5 percent, respectively) show that Vietnam’s economy has been step by step escaping from the [...]
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July 1, 2009
VietNamNet Bridge – The Deputy Chairman of Vietnam’s National Finance Supervision Committee expressed confidence that the Vietnamese banking system is sound. Deputy Chairman of Vietnam’s National Finance Supervision Committee Le Xuan NghiaNghia: A report by CommerzBank (Germany) showed that the return on equity capital (ROE) ratios of big financial institutions in the world [recently] are [...]
Tags: Bad Debt, Bad Debt Ratio, banking, Banking System, Banking System Was, banks, Banks Have Been, billion, Billion Dong, Commercial banks, crisis, Debt Ratio, finance, financial, Financial crisis, Financial institutions, Financial Supervision, first, Foreign Aid, global, Global Crisis, Global Financial, Global Financial Crisis, In The World, institutions, investors, management, modern, Most Important, New Financial, Of The Banking, Of The Banking System, percent, Pretax Profits, ratio, reported, Reported Satisfactory, Risk Management, risks, satisfactory, Showed That The, supervision, system, The Banking, The Banking System, The current, The first, The global, The Global Crisis, The Global Financial, The Global Financial Crisis, The Most Important, The Risks, The Risks For, The world, think, Three, Three Percent, Vietnam, Vietnamese, Vietnamese Banks, Which Shows
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May 17, 2009
Vietnam continues to lead foreign investment in Laos; Central bank holds dialogue with businesses; Construction of Sai Gon-Hiep Phuoc port begins; RoK-run heavy engineering plant inaugurated in Quang Ngai; Ministry of Planning and Investment launches portal Central bank holds dialogue with businesses The State Bank of Vietnam and the Vietnam Chamber of Commerce and Industry jointly [...]
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