VNREA boosts international cooperation

VNREA boosts international cooperation

(VOVworld) – The annual conference of the Vietnam Real Estate Association 2017 was held in Binh Dinh province on Saturday drawing more than 500 delegates
China lowers growth target for 2017

China lowers growth target for 2017

(VOVworld) – The Chinese government has proposed a lower economic growth target for this year as part of its reform efforts. The Chinese leaders say the target is realistic about what...
Banking sector ensures safety, efficiency in 2016

Banking sector ensures safety, efficiency in 2016

(VOVworld) - The State Bank has reviewed its last year’s performance and mapped out plan for this year. During a press conference in Hanoi on Wednesday, the State Bank announced its major achievements...
State Bank stabilizes money market

State Bank stabilizes money market

(VOVworld)- Vietnam’s forex market has been shaken over the past few days. The VND/USD exchange rate has increased, prompting the State Bank of Vietnam to take steps...
The government gears up to obtain set targets

The government gears up to obtain set targets

(VOVworld) – Prime Minister Nguyen Xuan Phuc presented the government report on this year’s socio-economy and plans for next year at the opening of the National Assembly meeting on Thursday. He said...
Vietnam maintains macro-economic stability

Vietnam maintains macro-economic stability

(VOVworld) – Vietnam’s economy has developed significantly in the third quarter but achieving this year’s target growth rate of 6.3-6.5% requires a doubling of efforts, according to...
Domino effect of Brexit

Domino effect of Brexit

(VOVworld) – After the UK voted to leave the EU, some EU member countries expressed their intent to break with the organization. EU leaders have called for efforts to avoid a...
Story behind yuan devaluation

Story behind yuan devaluation

(VOVworld)- The biggest 3-day devaluation of Chinese yuan since the establishment of the modern forex system in 1994 has shocked regional and global financial markets. The reasons behind...
Greek banks to reopen Monday

Greek banks to reopen Monday

(VOVworld) – Banks in Greece, which have been closed since June 29, will reopen Monday and allow depositors to withdraw 60 euros per day, said Greece's Deputy Finance Minister Dimitris...
ECB keeps emergency loans to Greek banks

ECB keeps emergency loans to Greek banks

(VOVworld) – The Governing Council of the European Central Bank decided Monday to maintain the provision of emergency liquidity assistance (ELA) to Greek banks at the set level of 89 billion...
Efforts to resolve Greek crisis

Efforts to resolve Greek crisis

(VOVworld) – The result of Greece’s referendum has created a problem for EU leaders. They now have to find a way to prevent Greece’s leaving the eurozone and perhaps...