Gold prices went down VND150,000 (US$6.7) per tael or 37.5 gm in the local market yesterday from last week's rate. SEE MORE The US dollar lending interest rate has remained unchanged though the central bank has recently made a significant cut on dollar deposit rates. SEE MORE Given that consumer prices have either moved lower or essentially stayed put in the developed world for much of the past year, the word inflation does feel a little strange on the tongue. U.S. consumer prices declined through the 12 months ended in May and have pretty much flatlined since, while Japanese inflation has stayed under 1 percent all year. SEE MORE China's economic growth dipped below 7 percent for the first time since the global financial crisis on Monday, hurt partly by cooling investment, raising pressure on Beijing to further cut interest rates and take other measures to stoke activity. SEE MORE Over the past 9 months, Vietnam’s GDP growth rate stood at 6.5%, the highest rate in recent, which shows the national economy has maintained its momentum. SEE MORE
