The highest inflation rate in Asia acted as a blowtorch as Vietnam suffered very hostile macroeconomic conditions in 2011. VIR talks with Victoria Kwakwa, World Bank country director for Vietnam, to see if the country can hope for some winds of change in 2012. Inflation pressures are slightly reducing, reflected in the country’s month-on-month consumer price [...]
Economists, who believe that the pressure for Vietnam to devaluate the dong to boost exports is not big in 2012, and think that the dollar price would increase by four percent in the year. Though the forecast adjustments are lower than that in 2011, the dollar price would climb to record highs if the devaluation [...]
More and more businessmen say they have confidence on the feng shui theory and believe that the knowledge about the theory can help them more prosper in doing business. Feng shui theory is a kind of research which leans about the influence of wind direction, air direction, and the courses of streams to people’s lives, [...]
Finance Minister Vuong Dinh Hue has expressed his belief that the stock market will enjoy growth in the year of the dragon. While opening the first session of the Hanoi Stock Exchange on January 30, he said the Ministry of Finance (MoF) will urge the State Security Commission (SSC) to coordinate closely with related agencies [...]
Vietnam’s stocks are now too cheap and too attractive – this is the comment of “Why you should invest in Vietnam”, an article published on Forbes recently. Peter Cohan, the author of the article, wrote that in the visit to Singapore in January, he met an experienced investment fund manager. The manager affirmed that investing [...]
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