By VU TRONG KHANH. May 25th, 2011, from The Wall Street Journal. HANOI—Vietnam’s persistent trade deficit widened to its largest point in 17 months in May, putting further pressure on authorities to address imbalances in the economy. At $1.7 billion, the deficit was the largest since December 2009, compared with a $1.49 deficit billion in … Read More
By NGUYEN PHAM MUOI Mar 11, 2011. From The Wall Street Journal. HANOI—Vietnam is cracking down on unauthorized trading in U.S. dollars in an effort to bolster the country’s dwindling foreign reserves and restore confidence in the local currency, the latest attempt to bring some stability to the Southeast Asian economy. Authorities in Hanoi said … Read More
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