Dollar interest rate policy distorts market
13/05/2016The zero rate policy of the State Bank of Vietnam (SBV) for dollar deposits by enterprises and individuals has made banks’ operations less transparent and distorted the currency market, a lecturer at the Fulbright Economics Teaching Program said. SEE MOREVietnam’s outlook rating remains stable
09/05/2016The Ministry of Finance has announced that the rating agency Standard & Poor’s (S&P) on April 29 gave Vietnam a crediting rating of BB-/B and a stable outlook, unchanged from the ratings announced in March 2015. SEE MOREEconomy dogged by multiple woes
09/05/2016Vietnam’s economy is coping with a slew of woeful challenges this year as fresh problems have arisen, said a Ministry of Planning and Investment report sent to the May 4-5 cabinet meeting in Hanoi. SEE MOREVietnam raises minimum wage for public sector, first time in 3 years
06/05/2016Civil servants and public employees, including teachers and doctors, will have the first raise in three years this month when the basic wage level used to calculate their income sees a 5-percent bump. SEE MOREFuel prices gain over 600 VND per litre
06/05/2016The prices of RON 92 petrol and bio-fuel E5 were raised 646 VND and 634 VND per litre from 3:00 pm on May 5. SEE MORE
More News