Banking liquidity on firm ground

Banking liquidity on firm ground

Insipid demand for Vietnam dong loans has muscled-up the local banking system’s sound liquidity stance.
Dollar lending spells trouble

Dollar lending spells trouble

Soaring dollar lending in the first half of 2011 is hurting the economy, Banking Institute’s financial expert Dr. Pham Tien Dat tells VIR.
Japan promotes investment in Dong Nai province

Japan promotes investment in Dong Nai province

Hundred of Japanese businesses seeking investment opportunities in Vietnam gathered at a seminar on promoting Japanese investment in Dong Nai province in Bien Hoa City on July 29.
US dollar lending back in fashion

US dollar lending back in fashion

Dollar lending has sharply risen in recent months in the face of high dong lending rates and a stable exchange rate.
All calm on the forex front

All calm on the forex front

The dong-dollar exchange rate is forecast to calm in late 2011 amidst a plentiful dollar supply.
Dollar rates to remain stable until year-end

Dollar rates to remain stable until year-end

The US dollar-Vietnamese dong exchange rate is expected to hold steady to the end of this year, but ANZ and Standard Chartered banks anticipates a dong devaluation early next year.
Power up eases pressure on grid

Power up eases pressure on grid

Vietnam’s crippling power shortage is set to ease this month.
Not stepping back from inflation fight

Not stepping back from inflation fight

Inflation is climbing to dangerous levels seen in 2008 and banking system liquidity has significantly improved during the past two weeks, creating room for a further tightened monetary policy stance.
Becoming a central attraction

Becoming a central attraction

Lam Dong province is feeding a big dream to become the hub of the Central Highlands in its 2011-2015 development strategy. Chairman of Lam Dong People’s Committee Huynh Duc Hoa told VIR about the solutions to make this dream become a reality.
Lam Dong out to attract sustainable investment

Lam Dong out to attract sustainable investment

‘We will continue to develop socio-economic infrastructure including transportation and irrigation systems and urban infrastructure’
Banks suffer liquidity strains as deposits fall

Banks suffer liquidity strains as deposits fall

People are still shunning Vietnamese dong deposits and smiling on banking in US dollars and gold this year, causing local currency liquidity problems for some local banks.
Property pricing  gets overhaul

Property pricing gets overhaul

With the government swooping down on enterprises quoting US dollar prices, real estate developers are resorting to other means to calculate the value of their products.
Businesses shun ban on payment in dollar

Businesses shun ban on payment in dollar

Payments in dollar were still carried out publicly in spite of the government’s ban, triggering worries about the dollarisation – a factor causes instability of the economy, economists warned.
Local coffee firms cry foul at foreign rivals

Local coffee firms cry foul at foreign rivals

Foreign rivals are leaving many local coffee processors and exporters crying for help from local authorities.
Tough cure needed for ailing forex market

Tough cure needed for ailing forex market

Over the past decade, the trade deficit along with high inflation has been named as the most alarming threat to Vietnam’s macroeconomy and to monetary management.
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