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Vietnam News


Vietnam central bank resists calls to cut interest rates (International Herald Tribune)
The State Bank of Vietnam kept its key lending rate unchanged at 14 percent in order to fight inflation of over 28 percent, while raising the interest rate paid on bank reserves.

Flash floods kill 11 in northern Vietnam (Reuters via Yahoo! News)
Eleven people, three of them children, have been killed by flash floods and landslides that struck a mountainous province in northern Vietnam this week, the government said on Friday.

Vietnam Keeps Key Rate at 14%, Resisting Calls to Cut (Update3) (Bloomberg.com)
Aug. 29 (Bloomberg) -- Vietnam's central bank kept interest rates unchanged to slow inflation from 28.3 percent, resisting calls to cut lending costs from the highest in Asia.

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