VN-Index forecast to keep upward trend Business

VN-Index forecast to keep upward trend

The VN-Index is expected to enter an uptrend towards a new resistance zone after successfully penetrating the psychological resistance mark of 1,000 points, analysts said.
G-bond issuance meets 70 percent of yearly plan Business

G-bond issuance meets 70 percent of yearly plan

The State Treasury has mobilised nearly 174.2 trillion VND (around 7.5 billion USD at current exchange rate) through Government bond auctions on the Hanoi Stock Exchange (HNX), fulfilling 70 percent of the yearly plan.
Forex rate forecast to remain stable till year-end Business

Forex rate forecast to remain stable till year-end

The Vietnamese dong was expected to remain broadly stable against the US dollar over the remainder of 2019 and to be slightly weaker on average over 2020, buoyed by robust foreign direct investment (FDI) inflows, dollar purchases by businesses, and a healthy foreign reserve position, experts forecast.
Hanoi launches Month for the Poor 2019 Society

Hanoi launches Month for the Poor 2019

The Fund for the Poor of Hanoi received over 7.2 billion VND (309,600 USD) from organisations and individuals at a ceremony held in the capital city Hanoi on October 15 to launch the Month for the Poor.
ACV proposed as investor in Long Thanh airport Business

ACV proposed as investor in Long Thanh airport

The Government has proposed naming the State-owned Airports Corporation of Vietnam (ACV) as the main investor for the first phase of Long Thanh International Airport in the southern province of Dong Nai.
Interest rates of G-bonds plunge in 10 years Business

Interest rates of G-bonds plunge in 10 years

Over the past 10 years, the interest rates of successfully-issued Government bonds (G-bonds) have decreased significantly, saving thousands of billions of VND for the State budget, contributing to regulate and stabilise the macroeconomy.
Indonesia reduces rates again due to low growth World

Indonesia reduces rates again due to low growth

Indonesia’s central bank (BI) slashed interest rates on September 19 for the third month in a row as Southeast Asia's biggest economy is affected by the US-China trade war and slow global growth.
Interest rates stay steady til year end: SBV official Business

Interest rates stay steady til year end: SBV official

With a positive macroeconomic background at the moment, interest rates will basically stay steady until the end of the year due to excessive liquidity and proper credit growth, according to an official from the State Bank of Vietnam (SBV).