• Oil demand won't peak before 2040

      16/11/2016
    The International Energy Agency expects global oil consumption to peak no sooner than 2040, leaving its long-term forecasts for supply and demand unchanged despite the 2015 Paris Climate Change Agreement entering into force.  
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  • China’s Yuan Tumbles to Eight-Year Low as Banks Weaken Forecasts

      16/11/2016
    The yuan ignored a declining dollar to drop to an eight-year low, with banks slashing their forecasts for China’s exchange rate amid concern an imminent Federal Reserve interest-rate increase will accelerate capital outflows.  
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  • Vietnam currency firmer against hard currencies

      16/11/2016
    The Vietnam dong currency has strengthened against strong currencies since the surprise outcome of the U.S. presidential election last week while the local gold price has edged down 4%.  
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  • Dollar firmer against dong

      16/11/2016
    The U.S. dollar strengthened against the Vietnam dong currency at banks and on the informal market on November 14 as it rose versus most other hard currencies.  
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  • 2017 budget deficit set at 3.5% of GDP

      14/11/2016
    The budget deficit ceiling has been set at 3.5 per cent of GDP for 2017, equal to VND178.3 billion ($8 billion), with a majority of National Assembly (NA) delegates voting in favor of the associated resolution on November 11.  
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