HA NOI (VNS) — Credit growth in foreign currencies increased by 10
per cent in the first half of this year stirring both confidence and
doubts about the foreign liquidity of the banking system. SEE MORE VietNamNet Bridge – Vietnam achieved GDP growth of 5.25% in the
second quarter of this year, bringing the six-month rate to 5.18%,
according to the General Statistics Office (GSO). SEE MORE VietNamNet Bridge – The dollar lending interest rate is lower by
at least 3-5 percent annually than the dong interest rate, which is the
reason for the sharp increase in the ratio of the dollar outstanding
loans on dollar deposits from 84.3 percent in early 2014 to 99.5 percent
in early May 2014. SEE MORE Oil prices edged lower in Asia today following lacklustre US economic
data that has fuelled bearish sentiment about demand in the world's top
crude consumer. SEE MORE The Environmental Protection Agency's recently released plan to
reduce carbon dioxide emissions from existing power plants could provide
a boost to nuclear power. SEE MORE