Vietnam

Vietnamese markets end month-long slide

Vietnamese markets end month-long slideHanoi  - Investors

Vietnam State Bank denies currency, bank failure rumors

Hanoi  - Vietnam's State Bank Thursday dismissed rumors of planned currency reforms and possible bank failures, one day after it devalued the dong and raised interest rates.

Singapore leaders praise late Vietnamese prime minister Vo Van Kiet

Singapore - Former Vietnamese Prime Minister Vo Van Kiet

Vietnam devalues dong by 2 per cent, vows to fight inflation

Hanoi  - Vietnam's central bank devalued the country's currency by nearly 2 per cent Wednesday and raised interest rates to fight rising trade deficits and inflation.

Vietnam's reformer prime minister Kiet dies at 85

June 11, 2008 - Former Vietnamese Prime Minister Vo Van Kiet, who led the Communist country in privatizing its economy and opening its foreign relations to the West during the 1990s, died Wednesday morning in Singapore at age 85, officials said.

Vietnamese government spokesman Le Dung said Kiet had been in critical condition early Wednesday in an intensive care unit in a Singapore hospital, and that efforts to resuscitate him had failed.

Kiet was Vietnam's Prime Minister between 1991 and 1997, a period when the country opened up to foreign investment and consolidated its shift from a socialist command economy to the free market, a reform process known as "doi moi".

Hanoi police arrest man for smuggling tiger parts

Hanoi - Police in Vietnam arrested a man for smuggling a slaughtered tiger, just two months after two other men were arrested for smuggling two tiger carcasses, local media said Monday.

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