January 30, 2012

Vietnam Inflation Slows to 17.27pct

VietFinanceNews.com - Vietnam’s inflation slowed for a fifth month in January, giving the central bank more room to cut interest rates as a deteriorating global economy dims the outlook for exports.


Economic scenario for 2012

VietFinanceNews.com - In the face of economic slowdown, many people have suggested another stimulus package to resolve immediate difficulties.


Deposits rise again in Vietnam

VietFinanceNews.com - Deposits in the banking system rose in December after falling for three months in a row while loans continued to expand at a slow pace, the central bank said in a report.


Kieu hoi serve as great resources for Vietnam to develop economy

VietFinanceNews.com - The volume of kieu hoi (overseas remittance) to Vietnam has been increasing in recent years and it is expected to further increase in the upcoming years.


Vietnam yet to best use overseas remittances

VietFinanceNews.com - Overseas remittances have increased steadily for Vietnam in recent years, but the country is yet to have policies to attract this resource of capital for economic development.


IFC raises trade finance limit in LienVietPostBank

VietFinanceNews.com - International Finance Corporation (IFC), a member of the World Bank, has decided to raise the trade finance limit in Lien Viet Post Commercial Bank from US$5 million to $20 million.