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LifestyleVietnam May Post 7.5% Growth in 2010, PXP Asset Management Says
Vietnam’s economy may expand 7.5 percent this year, PXP Vietnam Asset Management said, which would be the country’s fastest pace of growth since 2007.
Jan 20, 2010, 09:53
One more Big C Supermarket in Hanoi
Big C The Garden was opened today in Hanoi. This is the second one after the Big C Thang Long in Hanoi.
Jan 19, 2010, 10:21
Hanoi property catches foreign investors’ attention
Foreign investors will start to shift investment from HCM City to Hanoi this year, says Marc Townsend, managing director of Property services and consulting firm CB Richard Ellis (CBRE) Vietnam Co.
Jan 10, 2010, 08:58
VNPT Said to Plan $300 Million Loan to Expand Telephone Network
Jan. 7 (Bloomberg) -- Vietnam Posts & Telecommunications Group hired BNP Paribas SA and Natixis to help it raise $300 million, according to four people familiar with the matter.
Jan 10, 2010, 08:53
PRESS DIGEST - Vietnam newspapers - Jan 7
The State Bank of Vietnam has injected about 15 trillion dong ($812.2 million) into the banking system via open market operations, which has helped interbank lending rates drop greatly, bankers said on Wednesday.
Jan 07, 2010, 10:16
Vietnam’s Stocks May Rise 30% on Earnings, Vietnam Asset Says
Jan. 6 (Bloomberg) -- Vietnam’s stock index, the world’s best performer since the start of the year, may gain a further 30 percent by the end of 2010 as corporate earnings improve, according to Vietnam Asset Management Ltd.
Jan 07, 2010, 09:55
Vietnam’s Economy Grows 6.9%, Fastest Pace This Year
Dec. 31 (Bloomberg) -- Vietnam’s economy expanded at the fastest pace in more than a year in the fourth quarter as lending growth fueled construction and consumer sales.
Jan 01, 2010, 13:35
Vietnam’s Inflation Accelerates to Eight-Month High
Dec. 24 (Bloomberg) -- Vietnamese inflation accelerated to the fastest pace since April as higher rice prices pushed up food costs while an accelerating economy fueled domestic demand.
Dec 25, 2009, 08:31
Vietnam set for middle income status: World Bank
WASHINGTON — The World Bank said it had approved its biggest ever loan to Vietnam as it virtually endorsed the once war-ravaged Southeast Asian nation's impending elevation to middle income status.
Dec 25, 2009, 08:24
Electricity of Vietnam Said to Hire Banks for $400 Million Loan
Dec. 17 (Bloomberg) -- Electricity of Vietnam, the national power company, hired seven banks to help it get a $400 million, 13-year loan that will fund expansion of its generation capacity, according to three people familiar with the matter.
Dec 17, 2009, 17:21
Spain to Help Fund Metro in Vietnam
MADRID – Spain will contribute to the financing of a subway system in Ho Chi Minh City, Vietnam, the Spanish Industry Ministry said Tuesday.
Dec 16, 2009, 17:10
US becomes a stable import market of Vietnam’s tra and basa fish
Vietnam’s tra and basa catfish exports to the US market have increased in both volume and price. The average price is now US$3.25 per kilo, up US$0.1 per kilo compared to a year earlier.
Dec 14, 2009, 17:38
Good chance for Vietnam to boost cacao production
The Central Highland province Lam Dong and a US NGO on agricultural development assistance ACDI/VOCA jointly held a conference on cacao development on December 10.
Dec 11, 2009, 14:45
Maybank To Raise Stake In Vietnamese Bank To 20% This Month
HANOI -(Dow Jones)- Malayan Banking Bhd. (1155.KU), or Maybank, will invest about VND356.2 billion ($19.25 million) to raise its stake in Vietnam's An Binh Bank, or ABBank, to 20% this month, the Vietnamese lender said Friday.
Dec 11, 2009, 14:44
Yahoo opens first permanent office in Vietnam
VIETNAM - Yahoo Vietnam has announced the opening of a permanent office in Ho Chi Minh City.
Dec 11, 2009, 14:42
Dong slump pushes consumer prices up
Thanh Nien -- The fall of the dong has consumers beginning to feel the pinch as importers and producers raise prices, passing on dollar hike costs to end-users.
Dec 06, 2009, 15:47
Vietnam: Strong growth recovery with emerging cyclical risks
Goldman Sachs Report - While export growth still remains much weaker than at peak levels, domestic demand growth has seen a full recovery in Vietnam. We now see emerging risks of potential overheating and inflationary pressures.
Dec 05, 2009, 02:32
Donors pledge over $8 bln in aid to Vietnam next year
HANOI, Dec 4 (Reuters) - International donors on Friday pledged more than $8 billion in official development assistance to Vietnam for next year, a surge of more than 60 percent from pledges for 2009 and the highest on record. Japan, Vietnam's single
Dec 05, 2009, 02:19
Vietnam is a solid long-term play
Growth in the UK over the next few years will be sluggish at best – that's why you need to look abroad for better opportunities. However, many of these high-growth foreign markets are in fledgling economies, so the rise is likely to be bumpy.
Dec 03, 2009, 14:42
Vietnam's Gilt-edged Future
Good as gold. The recent devaluation of the Vietnamese dong and rise in interest rates at a time when most Asian currencies have been edging upwards against the dollar despite low interest rates has naturally been seen as a sign of weakness.
Dec 02, 2009, 08:34
Vietnam Revises November Trade Deficit To $1.97 Billion From 1.75 Billion
HANOI -(Dow Jones)- Vietnam Monday revised its trade deficit for November to $ 1.97 billion from $1.75 billion announced on Thursday.
Dec 01, 2009, 01:28
Vietnam devalues currency by more than 5%
Vietnam devalued its currency by 5.4 per cent against the dollar on Wednesday and raised interest rates by a full percentage point in an effort to cut inflation and end weeks of damaging uncertainty which has seen ever increasing pressure on the curr
Nov 26, 2009, 08:53
GDP will reach $2,100 by 2015
Annual per capita GDP will reach $2,100 by 2015, according to a plan by the Ministry of Planning and Investment. -- Gold smuggling has caused a dollar shortage in the market despite high dollar prices, the CEO of a gold trading company said.
Nov 24, 2009, 20:00
FINANCIAL NEWS: Nov 23 in Vietnam
HANOI, Nov 23 (Reuters) - These are some of the leading stories in the official Vietnamese press on Monday. Reuters has not verified these stories.
Nov 24, 2009, 19:52
Vietnam Economy Has ‘Substantial’ Challenges in 2010
Vietnam’s economy will face “substantial challenges” next year and monetary policy will be relaxed cautiously, Prime Minister Nguyen Tan Dung said.
Nov 22, 2009, 20:41
Environmental fuel tax will hurt consumption, association warns
A new environment tax on fuel products is necessary but it will drive up transport costs and hence consumer prices, experts say, suggesting the rate be low.
Nov 22, 2009, 19:54
