Vietnam dong may slide 5 percent against US dollar
22/03/2016The dong will fall around 4-5 percent against the US dollar this year as the Federal Reserve is expected to raise interest rates further and push up the greenback, the Vietnam News Agency reported on Monday, citing new forecasts. SEE MOREPrime Minister approved petrol tax changes
22/03/2016Prime Minister Nguyen Tan Dung has approved calculation of petroleum import tax based on weighted average of the tariffs, taking into account Most Favoured Nation (MFN) status and Free Trade Agreement (FTA). SEE MOREChina’s rising exports: less about growth, more about exporting deflation
22/03/2016Markets used to cheer when China’s exports rose, believing this showed the global economy was in good shape. They are still hopeful today, despite the 25 per cent fall in February’s exports. But closer analysis of China’s important refining and petrochemical sector shows that a paradigm shift is under way. SEE MOREBad debt settlement process going slowly
15/03/2016VCB Securities believes that the bad-debt ratio of the national economy may be as high as 11.02 percent. SEE MOREGold no longer glitters in Vietnam as prices fall below global rates
10/03/2016Analysts have reacted to gold prices in Vietnam dipping below global rates for the first time in nearly five years, saying it indicates that the precious metal is no longer a safe haven asset in the country. SEE MORE
More News
In South America, Trump already losing a trade battle with China
13/11/2024Russian Miner Moves Closer to Deal for New Copper Plant in China
13/11/2024China’s Copper Production Boom Threatens to Crowd Out the Rest of The World
13/11/2024Asian markets stutter with focus on China as Trump picks team
13/11/2024