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Updated: 6:00 Friday, 24/05
Inflation in Vietnam has always been higher than in any other nation in the region since the country carried out renovation, says a research project published on Tuesday.
 
Problems Detected at BIDV & MHB

The State Audit of Vietnam said in a report that there were many issues detected in the activities of two lenders BIDV and MHB, the local newswire TTVN.vn reported.

Vietnam Central Bank Sells Out 26,000 Gold Taels in Two Straight Auctions; Prices Down Further

The State Bank of Vietnam (SBV) sold out 26,000 taels of gold bars in an auction held on May 23 at the prices lower than in the previous auction, the central bank said in a post on its website.

Interbank Trading Dong +27%, Dollar -5% in Week Ending May 17

The total interbank trading value of the dong rose 27% to VND75.531 trillion in the week ending May 17 from VND59.436 trillion a week earlier while that of the dollar fell 5% to VND44.457 trillion from VND47.008 trillion.

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Inflation in Vietnam has always been higher than in any other nation in the region since the country carried out renovation, says a research project published on Tuesday.
Trade and Economy   More
Rising demand from foreign markets and local undersupply are said to have fueled up prices of unprocessed shrimp in the Mekong Delta recently but farmers have still been indifferent to resuming shrimp farming in the region.
Financials   More
The State Audit of Vietnam said in a report that there were many issues detected in the activities of two lenders BIDV and MHB, the local newswire TTVN.vn reported.
Commodities   More
Gold fell for a third straight session on Thursday after U.S. Federal Reserve Chairman Ben Bernanke hinted at reducing an $85 billion bond-buying program that has increased the metal's appeal as a hedge against inflation.
Companies   More
Bac Kan Mineral Joint Stock Corporation (BKC) made VND6 billion net loss in Q1/2013, versus VND4 billion net loss in Q1/2012. The firm said in its financial statement sent to HNX’s website.
Real Estate   More
The office rents have decreased by a half if compared with six years ago.
Global Markets   More
World Media on Vietnam   More
Asia Widens Losses on China PMI, Fed

Asian markets were dealt a double blow on Thursday after a preliminary survey of China's manufacturing sector raised alarm bells while fears grew that the U.S. Federal Reserve may withdraw its bond buying sooner than expected.

  Talisman Strikes Oil in Vietnam

Canadian energy explorer, Talisman Energy Inc. recently declared first oil production from fields at the Hai Su Trang (HST) and Hai Su Den (HSD) development, located offshore Vietnam.

 
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