Update news CPI
VietNamNet Bridge - About 70-80 percent of the profit made by foreign banks comes from services, while credit makes up 10-15 percent.
VietNamNet Bridge - Economists have urged the government to reconsider the role of consumption and select it as the springboard to promote economic growth in the future.
VietNamNet Bridge - One fifth of the kieu hoi (overseas remittance) volume in 2015 has gone into the real estate sector, according to the State Bank of Vietnam (SBV).
VietNamNet Bridge - The petrol price increase was the major cause behind the higher consumer price index (CPI) in April, the highest increase in the last five years in the same period.
VietNamNet Bridge - All Chinese goods can be sold in Vietnam, from farm produce to automobiles, from toothpicks to electronics and from clothes to thermopower technologies.
VietNamNet Bridge - The topic of the dialogue at the Vietnam Development Partner Forum (VDPF), the forum for Vietnam and its development partners, was about the resources Vietnam will rely on to develop its economy.
VietNamNet Bridge - Analysts have said the strong investment wave of investors from South Korea, Japan and the US would act as a counterpoise to rising Chinese investment.
VietNamNet Bridge - The Vietnam National Shipping Lines (Vinalines), which was considered the country’s leading shipping firm, had by mid-2015 reportedly owed VND2.3 trillion to commercial banks.
VietNamNet Bridge - The State Bank of Vietnam (SBV) has vowed to tighten the foreign exchange market as it has been doing with the gold market.
VietNamNet Bridge - The big change in the exchange rate, if it is made, would cause many depositors to withdraw dollar deposits before maturity, experts have warned, which would create market chaos.
Experts have said any adjustments in monetary policies should be carefully considered with great attention being given to inflation, as low inflation will create room for interest rate cuts.