Vietnam Raises Rates for Second Time in a Week as Dung Battles Inflation
12:00 AM @ 01/01/1900Vietnam’s central bank raised its reverse repurchase rate, the second increase in borrowing costs in less than a week, as Prime Minister Nguyen Tan Dung prepares to order tighter policies to tame inflation. SEE MOREEconomic Indicators Read Positive
01/01/1900(VEN) - Every year, January is the time when production is intensified to ensure sufficient supply of goods for domestic consumption during the Lunar New Year (Tet). But this has no adverse impact on the export situation. The import, export data of January 2011 show that satisfactory results were achieved in the first month of the year.
Japan to help boost VN's natural rubber production
01/01/1900HA NOI — Japan's International Co-operation Agency (JICA) will help Viet Nam to improve the country's rubber industry, which will help reduce the nation's greenhouse emissions.
In 2011, inflation will be the biggest challenge: MPI
01/01/1900VietNamNet Bridge – Believing that uncontrolled inflation will badly affect the macro economy, Deputy Minister of Planning and Investment Cao Viet Sinh emphasizes that curbing the inflation will be the top priority in 2011.
AkzoNobel swings to Q4 net income of €162m, revenue up 17%
01/01/1900LONDON (ICIS)--AkzoNobel swung to a net income of €162m ($219m) in the fourth quarter of 2010, compared with a loss of €60m in the same period a year earlier, on the back of higher demand, the Dutch paints and coatings company said on Thursday. SEE MORE
