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Fed set for big rate hike as waters get choppy for world's central banks

Fed set for big rate hike as waters get choppy for world's central banks

The Federal Reserve is expected on Wednesday to lift interest rates by three-quarters of a percentage point for a third straight time and signal how much further and how fast borrowing costs may need to rise to tame a potentially corrosive outbreak of inflation.
Gold prices rise as trade war resolution seems distant

Gold prices rise as trade war resolution seems distant

Vietnam’s gold prices rose by around 2 percent Wednesday as hopes faded for a quick end to U.S-China trade war.  
July 3, 2019 | 05:33 am PT
Vietnam gold prices jump as US readies for interest rate cuts

Vietnam gold prices jump as US readies for interest rate cuts

Gold prices rose in Vietnam Thursday morning as the U.S. Federal Reserve kept interest rate unchanged with possible cuts in the offing.
June 20, 2019 | 02:48 am PT
Legislators concerned by electricity monopoly

Legislators concerned by electricity monopoly

Lawmakers are unhappy that Vietnam’s monopoly electricity distributor is raising power tariffs at will because it has no competitor.
May 30, 2019 | 10:07 pm PT
Electricity and petrol price hikes pushing inflation up

Electricity and petrol price hikes pushing inflation up

The latest petrol and power price hike have directly impacted April’s consumer price index, the General Statistics Office (GSO) says.
May 7, 2019 | 07:20 pm PT
Manufacturers to raise prices as electricity costs rise

Manufacturers to raise prices as electricity costs rise

With electricity bills a significant part of their production costs, Vietnamese manufacturers are set to increase their selling prices.
March 25, 2019 | 05:47 pm PT
Higher Fed interest rate could weaken Vietnamese currency

Higher Fed interest rate could weaken Vietnamese currency

The U.S. recent interest hike might result in a high demand for U.S. dollars in Vietnam, weakening the local currency further, experts say.
December 22, 2018 | 04:58 pm PT
Vietnam’s latest fuel price hike spikes inflation concerns

Vietnam’s latest fuel price hike spikes inflation concerns

Last weekend’s increase in fuel prices has stoked fears that Vietnam might not meet its 2018 inflation target.
October 7, 2018 | 11:13 pm PT
Vietnam to hike power prices in 2019

Vietnam to hike power prices in 2019

Vietnam is considering increasing power prices next year due to rising costs, a senior official said.
September 29, 2018 | 05:13 pm PT
Vietnam to increase environment tax on fuel

Vietnam to increase environment tax on fuel

The National Assembly’s Standing Committee decided at a meeting Thursday to hike the environment tax on fuel from next year.
September 20, 2018 | 08:54 pm PT
No fuel tax hike before 2020, minister assures

No fuel tax hike before 2020, minister assures

Vietnam won’t increase its fuel tax before 2020, Finance Minister Dinh Tien Dung has directed. 
August 30, 2018 | 07:31 pm PT
When you want to take a hike in Vietnam

When you want to take a hike in Vietnam

Five trekking options from different regions in the country, some of which are not for the faint-hearted.
July 13, 2018 | 02:18 am PT
Vietnam fuel tax set to rise to highest level

Vietnam fuel tax set to rise to highest level

Proposed tax increase will boost annual collections by $2.4 billion, it is estimated.
July 4, 2018 | 07:28 pm PT
Fuel price hike threatens inflation in Vietnam

Fuel price hike threatens inflation in Vietnam

Prices of most popular fuels surged up to 8.5 percent, after four consecutive hikes since the beginning of this year. 
May 26, 2018 | 06:58 pm PT
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