Macro Economy
- Vietnam’s February Trade Balance Swings to Deficit from Surplus
Vietnam’s trade balance swung to a deficit in February, reviving pressure on the currency to weaken after recent gains.
- Vietnam’s Runaway Inflation Falls For 6th Straight Month
Vietnam’s inflation fell for a sixth consecutive month in February to the lowest level in almost a year, according to official figures, following government efforts to concentrate on economic stabilization.
- Vietnam Reining in Asia’s Fastest Inflation
Vietnam is making headway against Asia’s fastest inflation as prices rise the least in 11 months, an easing that may boost confidence in its economic policy making as the nation struggles to spur foreign investment.
- 2012 Expected To Be Tough For Domestic Steel Market
Steel manufacturers across the country are saying that 2012 will be a tough year due to oversupply and lack of demand.
- Vietnam February Car Import To Hit The Lowest Rate In 2 Recent Years
Vietnam is estimated to import 2,300 completely built units (CBU) of cars in February 2012, the lowest level over 2 recent years, the local newspaper Vneconomy reported.
- Vietnam Banks Start New Interest Rate Race
A new deposit interest rate race has been triggered as local lenders have launched preferential policies and offered more incentives to attract depositors, the local online newspaper VnExpress.net reported.
- Vietnam Weak Banks Are Subject to Special Monitor of the Central Bank
Weak commercial banks are being closely monitored by the State Bank of Vietnam (SBV) in various activities, including taking deposits, making loans, collecting debts and balancing the books.
- More Vietnam Banks Disclose Their Credit Growth Limits in 2012
More local commercial banks have recently unveiled their credit growth limits this year.
Market News
- Feb 27: Foreigners Net Buy On Both HOSE And HNX
Foreigners extended their position of net buyers on HOSE and HNX on Monday. Level of participation dropped.
Corporate Events
Corporate News
- HAG: Consolidated Net Profit Falls 75% to VND266Bln in Q4/2011
- MEC: Posts VND15Bln Consolidated Net Profit in 2011
- POM: Posts VND408.7Bln Net Profit in 2011, Meeting 66% Full-year Plan
- STL: 2011 Net Profit Falls 49% to VND34.5Bln
- SCC: Posts Heavier Consolidated Net Loss atVND3.5Bln in 2011
- SDB: Suffers VND29Bln Consolidated Net Loss in 2011
- VCS: 2011 Consolidated Net Profit Rises 8% to VND123Bln