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  • Ample cash flows push banks to reinvest in bonds 

    Ample cash flows push banks to reinvest in bonds 

    27/06/2011 05:00

    Some commercial banks are sitting on large amounts of cash due to strong inflows from maturing bonds they bought earlier, said Trinh Hoai Giang, vice chairman of the Vietnam Bond Market Association. Since credit growth has been strictly capped at 20 percent and interbank rates have fallen...

  • Interest rates fuel rush on dollar loans 

    Interest rates fuel rush on dollar loans 

    27/06/2011 05:00

    But economists warn that exchange rates will jump in the coming months, when the central bank begins its campaign to beef up its foreign currency reserves. “The huge differential between dong and foreign currency interest rates have inspired more firms to borrow US dollars,”...

  • Stock market bottoms out, big investors go to mental hospital

    Stock market bottoms out, big investors go to mental hospital

    27/06/2011 05:00

    “N”, 28, has been well-known among securities investors in Hanoi. He finished the Hanoi National Economics University in 2006, when Vietnamese people tried to familiarize themselves with the stock market and began pouring money into stock investment deals....

  • Vietnam’s telco growth set to slow: report 

    Vietnam’s telco growth set to slow: report 

    27/06/2011 05:00

    The telco industry has experienced tremendous growth over the last two years, the report said. “Between 2008 and 2010, industry revenue and mobile subscribers more than doubled to US$10.3 billion and $155.5 million, respectively.” However, PwC has forecast slower growth for...

  • Vietnam may revise inflation target to 17-18 percent: official 

    26/06/2011 05:00

    Minister of Investment and Planning Nguyen Hong Phuc The Ministry of Investment and Planning will propose a revision to the current annual inflation target of 15 percent after prices surged 13.29 percent in the first half of the year, Minister...

  • Beeline targets 4th position in Vietnam mobile market 

    26/06/2011 05:00

    Michael Cluzel, General Director of GTEL-Mobile GTEL-Mobile has announced a plan to expand its business in Vietnam, including the goal to make its mobile network Beeline the fourth largest in the country. The company said it will build...

  • Vietnam sees inflation at almost 21 pct in June 

    25/06/2011 05:00

    Vietnam sees inflation at almost 21 pct in June June 26, 2011 about Business Vendors sit behind their baskets of fruit in downtown Hanoi. Vietnam’s inflation rate, already one of the world’s...

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