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Price of goods escalating following dongWednesday, 1 September 2010 Manufacturers and suppliers have decided to raise sale prices for goods after the State Bank of Vietnam announced a 2.1 percent adjustment in the dong/dollar exchange rate on August 18. Supermarkets ... more |
Firms find devalued dong lowers lendingWednesday, 1 September 2010 After the State Bank of Vietnam (SBV) devalued the dong by 2.1 percent on August 19, loans in both Vietnam dong and foreign currencies have the same levels of short-term ... more |
Mammoth project refuses domestic contracWednesday, 1 September 2010 Vietinbank plans to start construction on the 30,000 square metre complex in Hanoi on October 20. The contractors will be famous foreign construction groups, not Vietnamese contractors. The 68-story complex of ... more |