04:24 PM @ 24/07/2024
The State Bank of Vietnam (SBV) should keep the US dollar-denominated deposit interest rate at zero per cent as currently, experts said. There is no need to intervene in the foreign exchange market, as it is stable.SEE MORE10:20 AM @ 24/07/2024
The Ministry of Industry and Trade (MoIT) has requested local associations and businesses to coordinate implementing key solutions to promote imports and exports as sea freight rates rise.SEE MORE04:16 PM @ 23/07/2024
China's first cut to major short- and long-term interest rates in 11 months drew a distinctly ho-hum reaction from the commodities that usually would be expected to be the biggest beneficiaries.SEE MORE03:41 PM @ 23/07/2024
The US election could see Donald Trump return as president with majorities in both legislative chambers, which could bring a reduction in excessive red tape, weaker support for electric vehicles (EVs) and impose even more ponderous tariffs and trade restrictions.SEE MORE03:32 PM @ 23/07/2024
Conventional wisdom suggests that the petrochemicals cycle may have bottomed out as the prospects of interest rate cuts increase.SEE MORE