• Eurozone crisis main risk to world economy, OECD calls for action

      01/01/1900
    LONDON (ICIS)--The eurozone sovereign debt crisis remains the main risk to the world economy and decisive policies must be urgently implemented to stop the outlook from becoming much bleaker, the OECD said on Monday in its latest economic outlook.  
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  • Vietnam inflation slows, central bank signals rate-cut scope

      01/01/1900
    Vietnam’s inflation slowed for a third month in November, and the central bank signaled it may consider lowering interest rates.
    Consumer prices rose 19.83 percent from a year earlier, after climbing 21.59 percent in October, the General Statistics Office said in Hanoi Friday. The State Bank of Vietnam has room to cut policy rates and lower the dong deposit rate cap if month-on-month inflation is less than 1 percent, Governor Nguyen Van Binh told lawmakers Friday. Prices rose 0.39 percent in November from October.
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  • Trade funding tightens for Iran polymers; players feel pinch

      01/01/1900
    SINGAPORE (ICIS)--Trade financing has tightened for polyethylene (PE) and polypropylene(PP) going in and out of Iran, after fresh waves of US - led international sanctions hit the Middle Eastern country, industry players said on Wednesday.  
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  • Rupee Stokes Inflation; China Manufacturing Slows

      01/01/1900
    The Indian rupee’s slump to its weakest level since at least 1973 risks boosting inflation and spurring higher interst rates just as a manufacturing slowdown eases price pressures in neighboring China.  
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  • The curly question of budget spending

      01/01/1900
    The 2012 budget plan is currently a hot topic at the National Assembly agenda. Its Finance and Budget Committee senior expert Bui Duc Thu sheds some light on the issue.
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