HA NOI (VNS) — The State Bank of Viet Nam weakened the Vietnamese dong
by 1 per cent, raising the US$-VND daily reference rate from VND21,246
to VND21,458. SEE MORE After three consecutive years of enjoying a trade surplus, Vietnam is
forecast to face a trade deficit of US$6 billion this year as the
demand to import materials and equipment will be high while exports may
not soar. SEE MORE Vietnam’s economy has shown signs of recovery with the 2014 growth
rate at its fastest pace in four years and 2015 is likely to see even
more robust growth, a senior economist tells Thanh Nien. SEE MORE Brent crude oil rose to $60 a barrel on Monday, supported by concern
about disruption to exports from Libya but a global supply glut kept
prices nearly 50 per cent off their peak for the year. SEE MORE Brent oil in a contango will encourage traders to take delivery of crude
and wait for higher prices, according to U.S. economist Dennis Gartman. SEE MORE