SBV develops loose monetary policy for growth support
The State Bank of Vietnam (SBV) has developed a loose monetary policy for growth support.
WB releases report ‘Educate to Grow’ on Vietnamese economic situation
"Despite high growth, Vietnam’s economy has not returned to its full potential in 2022," WB experts said in the report ‘Taking Stock August 2022’, updating Vietnam's economic situation titled ‘Educate to Grow’. The report was published this morning, August 8.
Vietnam to strictly control prices of essential commodities
Deputy Prime Minister Le Minh Khai yesterday chaired a meeting with related ministries and state units about price control for essential commodities (fuel, construction materials, shipping fee, raw materials of agricultural production, equipment in the educational, medical fields).
Enterprises worry about lending rate increase pressure
Facing the pressure of increasing prices of goods, many enterprises worry that lending interest rates will stay at a relatively high level in the coming time.
Banks improve credit growth in last months of 2021
Credit growth by the end of September 2021 reached 7.17 percent, much higher than the level of 4.99 percent in the same period last year. However, in September, due to the impact of the pandemic and social distancing, the total outstanding balance of the whole economy decreased by VND23 trillion.
Gold rises to VND44.3 million
A rise of 1.6 per cent in global price sent price of gold in Vietnam to nearly VND44.6 million a tael (1.2 ounces) before retreating again on March 27.
Gold stalls at VND45.3 million
Gold in Vietnam traded around VND45.3 million a tael (1.2 ounces) on Feb. 1, while global price finished first month of the year 2012 with 11 percent gain; however, rising momentum slowed down as investors became cautious about the negotiation between Greece and its private bond holders and global economic growth.
Gold remains on losing trend
Asian shares rise, weak yen boosts Tokyo
HONG KONG, March 30, 2011 (AFP) - Asian stocks rose Wednesday after a strong performance on Wall Street while Japanese exporters led Tokyo up thanks to a weaker yen, but fears over the atomic crisis continued to weigh.
Bank of Japan raises growth view, holds rates
TOKYO, Jan 25, 2011 (AFP) - Japan's central bank on Tuesday raised its forecasts for the nation's growth this fiscal year and for consumer prices, while leaving its key rate near zero in an ongoing battle with deflation.
Gold down; dollar up
Currency tensions to flare at ASEAN meeting
HANOI, Oct 26, 2010 (AFP) - Asian leaders faced with rocketing exchange rates and surging stock markets will raise the alarm at a regional summit this week over a "currency war" that threatens to destabilise their economies.
US Fed 'prepared' to act if recovery stalls
US bank sees Vietnam’s GDP growth at 8.2% next year
US bank Goldman Sachs has released a report on the Vietnamese economy, forecasting GDP growth to top 5.1 percent in 2009 and rise to 8.2 percent next year.
Economy recovering gradually: Government
Industry and the consumer market have gradually recovered, the Government Office December 1 quoted the Cabinet as saying at its November meeting.
Central bank prefers stable dong, chief tells legislators
The central bank prefers to keep the dong stable but it depends on the structure and efficiency of the economy, State Bank of Vietnam governor Nguyen Van Giau told legislators at the National Assembly’s question and answer session November 17.
US jobs figures boost Asian markets
HONG KONG, Aug 10, 2009 (AFP) - Asian markets jumped on Monday, lifted by better than expected jobs figures out of the United States and stronger Japanese data, boosting hopes the recession-hit economies were on the mend.
Pedestrians walk past a graph showing the Hang Seng index in Hong Kong on August 10, 2009 (AFP photo)
