January 15, 2012
Siphoned gasoline replaced by other liquids by unscrupulous tank truck drivers may be the cause of car and motorbike fires Two men pumping liquid into a tank truck after spiriting hundreds of liters of gasoline. Low quality fuel is now considered the prime suspect responsible for the many car and motorbike fires over the [...]
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August 13, 2011
After holding steady for months against the dollar, the Vietnamese dong began to show signs of weakening this week The Vietnamese dong has weakened after holding steady for months against the dollar, following a gold hoarding panic over the weekend. Commercial banks lowered the dong against the dollar on Thursday, increasing the exchange rate to [...]
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July 12, 2011
Vietnamese coffee exporters have delayed loading of around 40,000 tons, or nearly 670,000 bags, due to thin domestic stocks and a jump in local market prices beyond export levels, traders said on Tuesday. The delayed volume in Vietnam, plus up to 12,000 tons in shipment cancellations in Indonesia, may pile pressure on the buyers [...]
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March 23, 2011
Vietnam's government aims to boost shipping volume at ports like Ho Chi Minh City more than 400 percent this decade Vietnam is pouring billions of dollars into building ports for the world’s largest container ships in a drive to draw export industries from China. The investment may propel the port complex near Ho Chi Minh [...]
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November 8, 2010
Containers sit at a port in Ho Chi Minh City. The heavily trafficked ports in the city face constant congestion problems while many seaports around the country have to operate below capacity. Despite fierce competition between Vietnamâs existing seaports, the country is gearing up to build more. Chan May Port in the central province of [...]
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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 31, 2010
A woman talks on the phone at Asia Commercial Bankâs gold trading floor in Ho Chi Minh City Vietnam gold exchanges said they would close far ahead of the governmentâs deadline due to a halting decline in trading volumes. Earlier this month, the State Bank of Vietnam told banks to halt lending for gold investments [...]
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January 18, 2010
The interbank interest rate last week saw interest rates on all kinds of loans decrease by 0.07-2.23 percent, following previous week’s interest rate decrease trend. For the second consecutive week, the interbank interest rate decreased considerably. Interest rates of overnight and one week loans, which are the most popular, dropped sharply by 2.23 percent and [...]
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January 15, 2010
LookAtVietnam – Trading volumes on gold trading floors have been decreasing dramatically, although gold trading floors will only officially stop operating after March 30. On January 13 and 14, a number of gold exchanges announced they had stopped providing loans to fund gold investments and released plans to shut down their floors. Many gold trading [...]
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January 15, 2010
The trading volumes on gold trading floors have been decreasing dramatically, though gold trading floors will only officially stop operating after March 30, 2010. On January 13 and 14, a lot of gold exchanges unanimously announced that they stopped providing loans to fund gold investments and released the plan to shut down the floors. Many [...]
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