• Vietnam to lower key policy rates to support economic growth

      19/03/2014
    Vietnam will cut its key policy rates from tomorrow, as the
    government tries to support businesses and bolster a struggling economy.
    Stocks rose.

    The discount rate will be cut to 4.5 percent from 5 percent, and
    the repurchase rate will be lowered to 5 percent from 5.5 percent, the
    central bank’s monetary policy head Nguyen Thi Hong said at a briefing
    in Hanoi today. The refinancing rate will be reduced to 6.5 percent from
    7 percent.  
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  • Vietnam sees dong pressure ease as bad-debt resolution firms up

      19/03/2014
    Vietnam’s central bank will weaken the dong only when “truly
    needed” as it steps up efforts to create more favorable conditions for
    foreign investors, including a plan to auction bad-debt assets of banks.  
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  • Vietnam becomes third largest natural rubber producer globally

      17/03/2014
    Vietnam has surpassed Malaysia and India to become the third largest
    natural rubber producer in the world, according to the Association of
    Natural Rubber Producing Countries (ANRPC).  
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  • Precious Metals, energy complex starts rising again

      17/03/2014
    US Gold futures for April delivery which settled lower at $1379 an
    ounce has started climbing up to $1382. It hit a high of $1391.4 the
    previous trading day and inching closer to the $1400 forecast by some
    analysts. Continued tensions in the Ukraine region is providing support
    for gold, silver and energy complex, analysts said.  
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  • ICAEW forecasts Vietnam’s economy to grow by 5.4% in 2014

      14/03/2014
    (VOV) - Increased net exports will help Vietnam’s economy
    achieve growth of 5.4% in 2014, according to the first quarterly report
    of ICAEW Economic Insight – South East Asia.  
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