Headlines
Foreign currency and real estate markets in 2009
Vietnam’s gold, foreign currency and real estate market experienced many fluctuations in 2009. However, under the flexible management and control of the Government, these fluctuations did not reflect badly on the national economy.
Gold edges up slightly as low price lures customers
Gold rose by VND100,000 a tael from yesterday’s closing price on December 11 as the global price changed slightly and investors waited for new information.
State owned banks limited to deposit interest rate no higher than 10.5%
State owned commercial banks have come to an agreement that deposit interest rates will not be higher than 10.5 percent, a move hoped to help prevent a new interest rate race.
US new home sales plunge in November
Sales of new homes in the US plunged in November, casting fresh doubts on the recovery in the housing market.
New Zealand house values up 1pc in last year: QV
House values rose 1 per cent in the 12 months ended November 30, up from a 0.20 per cent gain in the period through October, according to QV Valuations.