News - Events
Overnight interest rates in VND soar to highest levels since February

The inter-bank overnight interest rate in VND for one week terms hit 10.17% per annum; the highest since February, surpassing the rate of between 8% and 8.3% in late October.

Stabilising the economy as year comes to a close

The State Bank of Vietnam has begun taking measures to stabilize prices and the economy as 2010 comes towards an end.

NA sets high target for 2011 GDP growth

The National Assembly deputies on Nov. 8 adopted a resolution on the country’s socio-economic development plan for 2011, agreeing with a GDP growth rate of 7-7.5 percent set by the government.

Vietnam debt forecast: 57.1% of GDP in 2011

Vietnam’s public debt is predicted to equal 57.1% of the GDP by late 2011, according to a report from the National Assembly Finance and Budget Committee.

Vietnam, Laos and Cambodia urged to address dollarization

The Asian Development Bank sees cooperation between Vietnam, Laos and Cambodia as vital to their economic future.

Ministry plans massive salt purchase to prop up prices

The Vietnam Northern Food Company (Vinafood) will buy the salt from the farmers, ensuring that farmers receive profits of 30-40 percent, according to the director of the Ministry...

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