Vietnam risks being vulnerable to external shocks if it doesn’t push through reforms to strengthen its banking system and restructure state businesses, according to International Monetary Fund chief Christine Lagarde. SEE MORE The 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 MORE Prime 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 MORE Markets 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 MORE VCB Securities believes that the bad-debt ratio of the national economy may be as high as 11.02 percent. SEE MORE