Shares bounced back yesterday as investors showed better confidence and tried to scoop up speculative stocks that were hit by strong selling. The benchmark VN Index on the HCM Stock Exchange rose 1.6 per cent to close at 665.14 points, ending a two-day decline of 1.3 per cent. The HNX Index on the Hà Nội […]
Read MoreThe country should halve its rice exports from the normal 7-8 million tonnes until 2020 because of difficulties exporters face and falling production due to climate change, according to the Việt Nam Food Association. Speaking at a seminar in HCM City on Tuesday, Huỳnh Thế Năng, its chairman, said Việt Nam has exported 4.5 million […]
Read MoreViệt Nam’s cement and clinker export in 2016 is estimated at some 15 million tonnes, and is worth US$556 million. It’s down 7 per cent from last year due to fierce competition with cheap products of other producers. According to the Việt Nam National Cement Association, by the end of November, the country exported 13.97 […]
Read MoreThe VNĐ/US$ reference exchange rate was revised up by VNĐ11 from December 14 to touch VNĐ22,135 per US dollar on Thursday. With the current trading band of +/- 3 per cent, the ceiling rate applicable for commercial banks during the day is VNĐ22,799 and the floor rate is VNĐ21,471 for one US dollar. The rates […]
Read MoreThe ringgit weakened against the US dollar, in early trade Thursday, weighed by poor sentiment in the market, a dealer said. At 9 am(0100gmt), the ringgit was traded at 4.4600/4650 versus the US dollar from 4.4440/4480 on Wednesday. A dealer said the US Federal Reserve (Fed) raised interest rates by 25 basis points, shifting attention […]
Read MoreThe government is keeping most of its macroeconomic assumptions for next year, Budget Secretary Benjamin Diokno said. “For 2017 assumptions, that will be it. My primary concern are the assumptions for the 2018 budget,” he said in a phone interview yesterday. “The growth targets will be kept,” he added. The inter-agency Development and Budget Coordinating […]
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Thailand
