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MHB news Financial news
Banks reminded of deadline for meeting capital requirement (01/12/2010)
The State Bank of Vietnam on Friday ordered local commercial banks to follow strictly the schedule to raise their capital and meet the higher requirements set by the government.
Vietnam central bank to keep benchmark rate unchanged (01/12/2010)
Vietnam will leave its benchmark interest rate unchanged in December even after inflation accelerated to a 20-month high.
Spain ready to invest more in VN (29/11/2010)
Vietnam expects to attract further investment from Spain in energy sector as well as in infrastructure projects that require a large amount of capital, according to an official from the Ministry of Planning and Investment.
Monetary easing the need of the hour, says academic (25/11/2010)
Vietnam should loosen its monetary policy and lower interest rates to encourage domestic production to curb rising inflation, an academic has suggested, dismissing fears it could actually stoke inflation.
Rising interest rates in Vietnam to pressure businesses (19/11/2010)
Interest rates in Vietnam soared over the past week after the central bank signaled tighter monetary policy to curb inflation and stabilize the foreign exchange market.
Vietnam to be amongst top three fastest growing economies in Asia: Standard Chartered forecasts (02/11/2010)
ADB provides US$108 million for rural infrastructure (01/11/2010)
The Asian Development Bank (ADB) on Monday approved a US$108 million assistance package to upgrade rural roads and irrigation systems in some of Vietnam’s poorest areas.
SBV signals monetary tightening policy? (27/10/2010)
Many commented that the replacement of the current 14-day period by seven day terms might be a signal of the State Bank of Vietnam (SBV) to tighten the monetary policy on the market. With these comments, it can be believed that the State Bank has reduced its financial support in the longer term (14 days) to make replacement of the short term (7 days).
Vietnam central bank allows gold imports –media (11/10/2010)
Vietnam's central bank has granted licences to several firms to import gold with quotas of 200-300 kilogram each, a state-run news website reported on Thursday. The licences were issued on Thursday afternoon and are valid through October 12, according to the report on Vneconomy.vn, the online version of the Vietnam Economic Times.
VN Index regains 450 point threshold (07/10/2010)
After a strong fall in the previous session, the Vietnam's stock market today rallied on both bourses Hochiminh Stock Exchange (STC) and Hanoi Stock Exchange (HNX).
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