Weighing up the FX conundrum
October 20, 2012 | 12:56
Industry insiders are biting into the year-end exchange rate and foreign currency credit situation.
Opinions differ over gold import
October 11, 2012 | 09:11
Several banks have yet to mobilize enough gold to settle their contracts before gold lending and mobilization get banned from November 25, raising a question whether gold import should be allowed now. But experts are greatly at odds over the question.
Move to fortify forex positions
March 25, 2012 | 23:30
The State Bank should consider issuing bills or bonds in USD, instead of VND to increase forex reserves or paying off overseas debts and encouraging direct and indirect foreign investment
- Vu Thanh Tu Anh - Head of research at the Fulbright Economics Teaching Programme
M&As’ intriguing currency story
November 30, 2011 | 11:00
The legal framework for mergers and acquisitions (M&A) in Vietnam has been gradually enhanced in the context of the tremendous increase in both value and volume of M&A deals for recent years.
Draft law insures currency debate
November 12, 2011 | 17:00
The Draft Law on Deposits not insuring gold and foreign currency deposits has triggered diverse National Assembly opinions.
Forces put squeeze on FX rate
October 10, 2011 | 07:00
Higher gold prices and maturing US dollar loans are pressuring the exchange rate.
Calm heads prevail as the forex market to remain cool
September 05, 2011 | 08:33
With its first move to regulate dollar denominated lending activities, the State Bank has sent a strong signal to keep the exchange rate stable till the year’s end.
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.
Standard & Poor’s rating downgrade
August 22, 2011 | 18:00
Standard & Poor’s has downgraded Vietnam’s local currency long term rating.
New regulations on cross-border carrying of cash
August 18, 2011 | 09:14
The State Bank of Vietnam has issued a circular, stipulating the bringing of foreign currency in cash and Vietnam dong in cash by individuals when leaving or entering the country.
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.
Long awaited VAT path is set to be outlined
August 08, 2011 | 08:00
Local banks’ SOS for value added tax guidance will soon be answered.
Rock solid currency is key
June 13, 2011 | 08:00
Restoring confidence in its local currency is a key macro target for Vietnam.
USD saving interests cut to stabilise forex market
June 07, 2011 | 08:48
A decision made by the State Bank of Vietnam on June 2 to cut the ceiling interest rates of deposits in the greenback is expected to promote bank savings in VND instead of USD.
Black forex market now seeing the light
April 18, 2011 | 08:01
Despite the unofficial forex market stabilising on the back of improved dollar supply, the authority is still moving to further rein in this market.
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