Vietnam’s economy is ending the year with some positive signs after it posted its lowest growth rate last year in more than a decade.
Continue reading “Vietnam Economic News: Vietnam Economy Ends Year on a Higher Note” »
Vietnam pledged to boost “political trust” with China during Premier Li Keqiang’s visit, as the two Communist countries focus on building economic ties and calming territorial tensions.
Continue reading “Vietnam / China Political News: Vietnam Vows to Boost Political Trust With China During Li Visit” »
HANOI—Vietnam and China have extended an agreement to jointly explore for oil and gas in the Gulf of Tonkin until 2016 and significantly expanded the area involved despite tensions between the two countries over large areas of the South China Sea they both claim.
Continue reading “Vietnam / China Relations: Vietnam, China to Extend Oil Project” »
The rumor that Vietnam will replace the current currency with a new one and issue banknotes with a new face value is a false one, Deputy Governor of the State Bank of Vietnam Dao Minh Tu announced Monday.
Continue reading “Vietnam Dong News: Vietnam dispels money-replacing rumor” »
Vietnam stocks surged, driving the benchmark index to a two-year high on mounting speculation the central bank will cut interest rates to spur economic growth.
Continue reading “Vietnam Economic News: Vietnam’s Stocks Rise to Two-Year High on Rate-Cut Speculation” »
Vietnam will set up a debt asset management company this month as it steps up efforts to tackle bad debt in banks that curbed lending and dragged economic growth to its slowest pace since 1999.
Continue reading “Vietnam Economic News: Vietnam to Form Asset Management Firm This Month to Resolve Debt” »
Vietnam’s three-year bonds rose, pushing the yield to the lowest level since June, on speculation demand from banks will increase before next month’s Lunar New Year holiday. The dong was steady.
Continue reading “Vietnam Dong News: Vietnam Three-Year Bonds Rise as Demand From Banks May Increase” »
HANOI—Vietnam is set to increase its crude-oil exports before it implements plans to expand refining capacity, irrevocably putting it on track to become a net oil importer.
Continue reading “Vietnam Oil News: Vietnam Output, Exports Rise” »