Dynamism underlined for Vietnam’s export economy
November 30, 2022 | 14:00
The relationship between the growth of domestic content of exports and other output growth is quite close. Balance of payments constraint and economic growth are based on numerous factors.
Dong depreciates against US dollar
June 06, 2012 | 13:44
The US dollar appreciated against the Vietnamese dong and peaked around VND21,000 per dollar yesterday compared to the rate of VND20,870 two months ago.
Usual suspects still haunt banks
November 21, 2011 | 07:21
Vietnam’s macroeconomy recently exhibited some good signs, with October’s consumer price index data rising only slightly against September, by 0.36 per cent and representing the lowest increase this year.
Obama to call for $3.0 trillion in deficit savings
September 19, 2011 | 16:00
President Barack Obama will Monday call for new deficit cuts of $3.0 trillion but warn Republicans he will veto any bill that trims healthcare for the elderly without hiking taxes on the rich.
Black market for US dollar on the wane
May 09, 2011 | 16:34
The US dollar exchange rate in banks has risen higher than in the free market, prompting people and enterprises to trade with banks rather than the black market.
Prices for imports still high as dollars drop
May 02, 2011 | 23:00
It is still impossible to lower prices of many imported commodities such as food products, animal feed and fertilizers even though the U.S. dollar has strongly depreciated, according to many importers.
A rushed exit from greenbacks looming
April 11, 2011 | 07:30
With Circular 09/2011/TT-NHNN released last Saturday, April 9, the State Bank set a 3 per cent, per year cap on the dollar mobilisation interest rate from April 13.
SBV to order SOEs to sell dollar reserves
April 01, 2011 | 15:32
The State Bank of Vietnam has announced its plan to order major state-owned economic groups and corporations to sell $376 million in US dollar reserves to the commmercial banking system next week in order to reduce the accumulation of dollars in the economy.
Banks hike interest rates on US dollars
January 15, 2011 | 13:30
Some smaller commercial banks in the past week have raised the interest rates they offer on US dollar deposits by 0.9 to 1.3 percentage points to as high as 6.1 per cent per year.
Oil prices rise above 89 dollars
December 02, 2010 | 21:24
Crude oil prices rose on Thursday, supported by positive economic news from key regions and a cold snap in Europe, analysts said.
Forex headache
November 15, 2010 | 17:34
Local firms are finding it hard to source dollar loans or buy cheap greenbacks from banks as forex market turbulence continues.
OPEC caught in dollar crossfire
October 17, 2010 | 15:15
VIENNA, October 17, 2010 - OPEC nations seeking higher oil prices to boost revenues may get their wish as the sliding dollar sees investment switch from the US currency and into crude and other commodities, according to analysts.
Commodities smash records in historic week
October 16, 2010 | 01:00
LONDON, October 15, 2010 - Gold, tin, rubber and cotton hit record peaks this week, aided by keen demand, the tumbling dollar and strengthening hopes of new monetary easing measures from the US Federal Reserve, analysts said.
Google profit soars in third quarter
October 15, 2010 | 11:15
SAN FRANCISCO, October 15, 2010 - Google on Thursday reported that its quarterly profit soared on the back of its thriving Internet advertising service and that its display and mobile ad businesses are taking wing.
US trade deficit swells amid record China gap
October 15, 2010 | 11:05
WASHINGTON, October 14, 2010 - The US trade deficit ballooned in August as the gap with China hit a fresh record, official data showed Thursday, suggesting further weakness in the economic recovery.
1 2
Mobile Version