Posts Tagged ‘ When Inflation ’

Vietnam to allow gold imports to stabilize market

November 12, 2009
Vietnam to allow gold imports to stabilize market

Vietnam’s central bank on Wednesday lifted a 1-1/2-year-old ban on gold imports in a bid to stabilize the market after a sharp rise in prices helped drive the country’s dong currency to a record low. “The State Bank of Vietnam will allow gold imports with a volume sufficient to intervene in the market in order [...]

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High deposit interest rates not a concern

June 16, 2009
High deposit interest rates not a concern

VietNamNet Bridge – The highest VND deposit interest rate has officially exceeded the 10 percent per annum threshold. However, experts believe that high deposit interest rates should not be seen as a worrying thing. The HCM City Housing Development Bank (HD Bank) has announced a 0.5 percent increase in its deposit interest rates, applied as [...]

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Vietnam, Cuba foreign ministries to bolster ties

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Vietnam’s top diplomat has affirmed that the Foreign Ministry will closely cooperate with its Cuban counterpart to implement the agreements reached by the two...