stock market q3 review

Stock market Q3 review

During the third quarter, both indices moved up, but then recorded declines for the period. Daily moves often seemed to be removed from any logical explanations, but there were a few main forces that drove the market during the quarter, including concerns over the value of the dong, driven by movements of the Chinese yuan, the possibility of a US interest rate hike, oil prices, the health of the banking system, and TPP negotiations.
torrential rains hit northern vietnam in wake of typhoon mujigae

Torrential rains hit northern Vietnam in wake of Typhoon Mujigae

Heavy rains have occurred in many parts of northern Vietnam in the wake of Typhoon Mujigae that battered the southern Chinese province of Guangxi on Sunday evening, the National Center for Hydro-Meteorological Forecasting said.
vietnam investors eye obama xi talks

Vietnam investors eye Obama-Xi talks

Vietnamese investors will be closely watching for signs of policy shifts out of next week's meeting between US President Barack Obama and Chinese President Xi Jinping.
fifa launches official probe into hong kong fans

FIFA launches official probe into Hong Kong fans

FIFA had already given a warning to the HKFA after the Chinese anthem was booed at two home games earlier this year.
oil prices mixed after chinese trade data

Oil prices mixed after Chinese trade data

Oil prices were mixed on Tuesday after Chinese trade data showed imports and exports shrank in August, adding to concerns about energy demand prospects in the Asian giant.
alibaba authorises viet nam reseller

Alibaba authorises Viet Nam reseller

Chinese e-commerce group Alibaba has authorised CleverAds Company to be its reseller in Viet Nam, announcing the partnership in Ha Noi on August 31.
crystal jade palace promotes mid autumn festival

Crystal Jade Palace promotes Mid-Autumn Festival

In the run-up to the upcoming Mid-Autumn Festival, the Crystal Jade Palace, a well-known Chinese cuisine brand at five-star JW Marriott Hotel Hanoi, is introducing six different types of mooncakes featuring exquisite and traditional taste. 
vietnam devalues dong by 1 widens trading band to 3

Vietnam devalues dong by 1%, widens trading band to 3%

The State Bank of Vietnam (SBV), the country’s central bank, on Wednesday depreciated the dong by one percent against the U.S. dollar in its latest move to cope with the devaluation of the Chinese yuan last week.
vietnam cbank counters yuan devaluation to buck external risks to national economy

Vietnam cbank counters yuan devaluation to buck external risks to national economy

The swift move of Vietnam’s central bank on Wednesday in response to the devaluation of the Chinese yuan will fortify the local banking and financial system so that it will stand firmly against any external destabilizing factors, according to a senior official of the State Bank of Vietnam (SBV).
yuan fall to slightly affect vietnam tourism insiders

Yuan fall to slightly affect Vietnam tourism: insiders

While the cheaper Chinese currency will certainly make tour packages to Vietnam costlier for Chinese tourists, local travel agencies believe the impact of the weakened yuan will not be too serious.
series of blasts in northern chinese city of tianjin dozens killed

Series of blasts in northern Chinese city of Tianjin; dozens killed

A series of massive explosions at a warehouse in the northern Chinese port city of Tianjin killed at least 44 people, state media reported Thursday, as witnesses described a fireball from the blasts ripping through the night sky.
vietnam safe from chinas stock crash

Vietnam safe from China’s stock crash

Vietnam is hardly to be be affected by the Chinese stock market crash in the short-term, but experts have warned that it should take careful measures to protect its own market development.
chinese vice premier zhang gaoli to visit vietnam

Chinese Vice Premier Zhang Gaoli to visit Vietnam

Chinese Vice Premier Zhang Gaoli will visit Vietnam on July 16-18, according to the Vietnam Ministry of Foreign Affairs.
fake chinese dietary supplements pharmaceuticals cosmetics smuggled into vietnam in bulk

Fake Chinese dietary supplements, pharmaceuticals, cosmetics smuggled into Vietnam in bulk

Fake Chinese dietary supplements, pharmaceuticals, and cosmetics have been smuggled into Vietnam in large quantities this year, a national committee on anti-smuggling said at a conference last Friday.
ringleader of counterfeit import corporation facing court trial

Ringleader of counterfeit import corporation facing court trial

On June 17, the Investigation Police Bureau for Economic Management Order Offences of the Ministry of Public Security initiated legal proceedings against Nguyen Huy Tho, the director of Romal Vietnam Co. Ltd., for importing counterfeit Chinese appliances branded as German goods.