VIETNAM DONG DOLLAR INVESTMENT VIETNAMESE VALUE

Vietnam Dong Dollar Investment Vietnamese Value By James A Smith

Vietnam Dong /// Dollar Investment /// Vietnamese. Here is some information about the VND;The World Trade Organization has voted to accept Vietnam as a member. WTO accession is a long sought goal of Vietnam's government, which needs it to compete on an equal footing with other export-oriented economies. Now they can enter the Free Trade Market and sell to all free countries, all trade restrictions will be lifted! Vietnam's journey toward World Trade Organization membership has taken more than decade of negotiations. But the effort paid off Tuesday, when the WTO accepted the Asian nation as its 150th member.

As a member of the WTO Vietnam can expect to see a 30% increase in trade, driving the value of the VND upward in value. If the VND value increased to $0.01 this would turn the value of 1,000,000 into $5000.00, if it went to $0.20 the same 1,000,000 would trade at $200.000.00. The VND may have bottomed out and now with their reorganization and the acceptance into the WTO they will trade with the free world and the VND may well regain it historical value of $2.05.

Swiss Re becomes Vinares sole foreign strategic partner 2009-01-07 16:23:00 Swiss Re said it has entered into an agreement to buy a 25 pct stake in Vietnam's leading insurance provider, Vietnam National Reinsurance Corporation (VinaRe) for approximately 79 million USD. The two companies signed a strategic partnership.

New Vietnam Dong hits 1 - 1/2 - year high on strong dollar 2008-01-07 11:46:00 The New Vietnamese dong rose to a 1-1/2-year high against the dollar on Monday as foreign investment and remittances continued to flow into the country, bankers said. 2009, Foreigners Net Buyers Of VND89 Billion Of Vietnam Shares. Foreign investors were net buyers of VND89 billion of Vietnamese stocks Monday, out of a total of VND583 billion traded, the Ho Chi Minh Securities Trading Center said. Volume traded totaled 6.5 million shares, with foreigners.

Vietnam May Allow Additional 5 Banks Early This Year. Vietnams central bank may allow in principle establishment for an additional five commercial joint stock banks by local leading companies early this year, the state-run Financial Investment newspaper reported Thursday.

Vinatex profits soar 250% during 2009-01-04 23:59:00 Vietnam National Textile and Apparel Group, Vinatex, because of the new WTO agreement it is expecting to post profits of VND521.75 bnl for the full-year 2007, representing an increase of 250% compared to the prior year. The profits of textile groups Viettien and Phong Phu...

Investors propose raising ceiling on foreign stake at banks 2009-11-04 The Viet Nam Association of Financial Investors (VAFI) has asked the Prime Minister to raise the ceiling on foreign stake in joint stock banks to 35 or 37%. In its proposal sent to the PM and relevant agencies, the VAFI said with new US investors and the WTO.
Vietnam Dong /// Dollar Investment /// Vietnamese.

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