VietNamNet Bridge - The State Bank of Viet Nam (SBV) will widen the foreign currency trade band to one percent on either side of the average rate in the inter-banking market instead of the current 0.75 percent as of March 10.
Hurricane Dean grew into a major storm with 200kph winds Friday after it smashed into the Caribbean islands, cutting power and causing landslides before heading toward the oil and gas rigs of the Gulf of Mexico.
VietNamNet Bridge – The recent moves by the State Bank of Vietnam of tightening the monetary policy has made some people think that curbing inflation is the top priority of the Government now, for which, Vietnam may sacrifice the stock market. However, people have been reassured that the Government won’t let the stock market to go down.