Home » Archive for December 25th, 2009

2010: Flexible Monetary Policy Is The Way To Go

Dec 25, 2009, 4:51 PM (GMT+7)
Financial experts contend that the dollar supply and demand and the benchmark interest rate are the main issues concerning Vietnam’s banking sector in 2009 and in the future The economy is still saddled with shortcomings. The propensity to hold on to dollars has hampered imports and exports, not to mention the difficulty in mobilizing and borrowing capital. Besides, experts maintain that over-optimism... 

VN-Index rises for fifth straight day

Dec 25, 2009, 3:25 PM (GMT+7)
The VN-Index forged ahead on Christmas Eve, picking up a significant 8.38 points to close at 479.13 points on a sudden increase thanks to the large blue-chip buy orders from foreign investors to become the highest increase in the last two weeks. The trading volume grew by 43.9 million shares, up 25.71 percent against previous sessions, with a turnover of 1.62 trillion VND or an increase of 16.41 percent. The... 
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Italian firms eye Vietnam cosmetics market

Dec 25, 2009, 3:10 PM (GMT+7)
A group of eight Italian cosmetics producers will visit Vietnam next month to seek local distributors in preparation for their entrance into the Southeast Asian market, according to Marco Saladini, head of the Italian Trade Commissioner. They include Barex Italiana, TeN Tecnologi A E Natura, Bema Cosmetici, Cosmo Service, Elgon Professio Nal, Punti Di Vista, Renée Blanche and Soco, Saladini said... 
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