Dollar

ECB inaction leaves euro flat against dollar

NEW You are able to – The euro exchanged flat from the dollar on Thursday following the European Central Bank stored its key rate of interest unchanged and gave no hints about altering policy direction within the coming several weeks.At 2100 GMT the euro would be a touch lower from the greenback, purchasing $1.3149, in comparison to $1.3156 on Wednesday.The primary news during the day, the ECB policy meeting, introduced a spike downward for that euro, immediately then a rebound well above levels seen on

Million dollar wedding stirs up Ha Tinh

A million dollar wedding, organized by a magnate for her son, and featuring famous singers, has attracted the attention of local people in the central province of Ha Tinh

US dollar drops against dong

The US dollar has become weaker against the local currency as a number of commercial banks cut the exchange rate because of an oversupply of US dollars at home

Dollar weakens against Vietnam dong

HCMC – The U.S. dollar has become weaker against the local currency as a number of commercial banks cut the exchange rate due to the redundant U.S. dollar supply at home. The similar situation is also seen on the black market.

Dollar drops ahead of Tet

HCMC – The U.S. dollar on the unofficial market has declined in recent weeks, with the price standing at VND21,200 per dollar at gold shops near Ben Thanh Market in downtown HCMC late last week, down by VND200 against the previous week.

Dollar prices down as demand slumps ahead Tet

Selling prices of the greenback have cooled down for the last week thanks to increased supply against falling demand

Travel firms, hotels want service prices quoted in dollar

HCMC – Tour operators and hotels are seeking permission to quote their services and products in popular foreign currencies like the U.S. dollar or euro to make it easy for foreign visitors, but payments in Vietnam dong will still be in practice as currently regulated.

Singapore to slash ministers' million-dollar pay

Singapore is slashing its leaders' unpopular multimillion-dollar salaries by at least a third, new guidelines showed Wednesday, but its ministers will stay among the world's best-paid politicians

Yuan hits all-time high

The yuan closed up against the dollar on Monday after hitting an all-time high in intraday trading, guided by a stronger mid-point by the People's Bank of China, and looks set for an over-4-percent appreciation for 2011, traders said.

SJC sells 975 kg gold on slipping gold prices

The biggest Vietnamese gold trader has sold 26,000 taels of gold, or 975 kilograms, in the last 3 days when the world gold price started its downward trend

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From Business

Firms advised to focus on TPP

HN — Domestic businesses should positively build plans and methods to grow marketplaces in nations joining the Trans-Off-shore Partnership (TPP) Agreement.Ngo Chung Khanh, deputy director from the Secretary of state for Industry and Trade's Multilateral Trade Policy Department, made the suggestion in a conference in Ha Noi yesterday.The TPP pact, also called the Trans-Off-shore Proper Economic Partnership Agreement, is really a multilateral free trade deal that aims to help liberalise the financial systems

Blue chips lead share plunge

HN – Blue nick declines ongoing to tug shares lower around the HCM City Stock Market today.As much as 80 percent from the top 30 shares by market capitalisation and liquidity sank, which the 2nd biggest share PV Gas, HCM City Infrastructure Investment (CII), Sea Group (OGC) and Sacombank Investments (SBS) fell through the daily limit of 5 percent.Only mixer Masan Group (MSN), property developer Quoc Cuong Gia Lai (OQC) and Song Da Urban & Industrial Zone Investment and Development (SJS) bucked the