Forces put squeeze on FX rate
October 10, 2011 | 07:00
Higher gold prices and maturing US dollar loans are pressuring the exchange rate.
Firms face exchange rate puzzle
September 12, 2011 | 22:24
Sourcing funds is still a major headache for firms.
Taking sense amid gold frenzy
August 29, 2011 | 07:25
Ho Quoc Tuan, a doctoral candidate at the United Kingdom’s Manchester University, examines the best way to restore order to the local bullion market and create a balance between domestic and world market gold prices.
A steady hand to guide economy
August 15, 2011 | 09:39
Newly-elected State Bank governor Nguyen Van Binh talks to VIR about the bank’s main goals and explains why the country has reasons to be optimistic on the forex front.
SSC suggests three options to restructuring stock market
May 02, 2011 | 20:39
Efforts to improve competitiveness, diversify the range of products and reduce trading fees of the stock market have seen the State Securities Commission of Vietnam (SSC) set up three options of restructuring the market.
Economy fast approaching its moment of truth
April 25, 2011 | 08:44
“The expected results will depend on the persistence of the government’s policies in the next three years to restore the macroeconomic balances which were lost during 2007-2010”
Tough medicine to bring economy to health
February 22, 2011 | 15:14
A recent State Bank decision to upwardly revise Vietnam dong-US dollar exchange rate is forecast to bring some adverse impacts alongside stimulating exports and reigning in imports.
Steel firms’ outlook looks brittle
February 21, 2011 | 07:14
Despite predicted higher steel prices this year, exchange rate fluctuations and higher interest rate risks will be thorns in the sides of steel trading enterprises.
Central bank devalues dong by 9.3 per cent
February 12, 2011 | 07:38
State Bank of Vietnam today announced to depreciate Vietnamese dong by 9.3 per cent against US dollar and cut down the gap of rate fluctuation to 1 per cent from 3 per cent, aiming to ensure the high liquidity of the foreign exchange market and control the trade deficit.
Tough cure needed for ailing forex market
February 05, 2011 | 20:25
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.
Macroeconomic disequilibrium and possible future directions 1
January 26, 2011 | 22:15
After a decade of high annual growth until 2007, Vietnam has experienced a slowdown since 2008 with the onset of the global economic crisis, when its gross domestic product (GDP) growth fell to 6.2 per cent and then further to 5.2 per cent in 2009.
Clearing up the Black Market exchange
January 18, 2011 | 17:30
According to a dispatch released by the State Bank on January 4 there will be a clampdown on foreign currency exchange at “gold shops” on the black market in order to stabilise the exchange rate and foreign currency market.
Vietnam contemplates national gold exchange
January 10, 2011 | 22:52
Vietnam is mulling over the setup of a national gold exchange in order to put public gold into circulation.
Short-term pain from long-term policies
December 05, 2010 | 23:15
In November, the State Bank announced a series of policy adjustments to regulate inflation, plus monetary and gold markets.
Exchange rate on US dollar damages Vietnam’s profits
December 02, 2010 | 21:24
Increases in exchange rates remain a cause of concern for many Vietnamese companies, particularly importers.
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