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BriefsFriday, 06/01/2012, 01:33

Wednesday, May 30, 2012

Wednesday

Wednesday, May 30, 2012


Chief Minister of Myanmar�s Yangon Region visits city
HCMC � The trade relation between HCMC and Yangon Region of Myanmar will likely see breakthroughs in the future after the region�s Chief Minister U Myint Swe paid a visit to the city last week.


Market opens week down
HCMC � Despite a bright start due to central bank�s policy rate cut late last week, investors gradually turned cautious in a volatile session on Monday, prompting the VN-Index to lose a mild 1.9 points, or 0.43%, against last Friday to close at 435.48.


HOSE to apply market order in July
HCMC � The Hochiminh Stock Exchange (HOSE) will apply market order system on a trial basis within three months from July 2 to give a new tool for investor to place orders.


Price stabilization not a magic wand, says NA deputy
HANOI � While discussing the draft Price Law at the ongoing National Assembly sitting in Hanoi on Monday, an economist said price stabilization should not be seen as a magic wand to resort to in times of uncertainty like now.


SBV slashes ceiling interest rates by 1%
The ceiling interest rate for deposits in dong with terms of one month up will be cut from 12 to 11 per cent per year from next Monday, under a State Bank of Viet Nam's decision issued yesterday.

 


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