High interest rates a brake on expansion
13/04/2010HCM CITY — Many small and medium-sized companies are considering shifting to other businesses or cutting production levels because of the high interest rates on bank loans. SEE MOREState Bank moves, penny stocks sustain markets
12/04/2010HA NOI — Investor sentiment on the nation's stock markets improved throughout last week, helped by measures by the State Bank of Viet Nam to ease interest rate pressures, lifting the VN-Index to a close on Friday of 517.46 points, a gain of 1.36 per cent from the previous week.
Dong/dollar 2010 exchange rate unpredictable
12/04/2010VietNamNet Bridge – Overseas remittances, foreign direct investment capital and foreign currency credit have all helped cool the foreign currency market. Yet economists still cast dubious eyes at the dong/dollar exchange rate performance for 2010.
More foreign firms set up headquarters
10/04/2010HA NOI — More foreign companies are locating their Southeast Asian headquarters in Viet Nam, said the Ministry of Industry and Trade in a new report on foreign direct investment in 2009.
Central bank vows to control rates
08/04/2010HA NOI — The State Bank of Viet Nam will institute a series of measures to keep lending interest rates under control while ensuring reasonable profits for commercial banks, said the head of the bank's monetary policy department, Nguyen Ngoc Bao, yesterday in Ha Noi.