In 2013, Vietnam’s
economy faced many challenges, due to last six years of instability;
however, recent sequence of events shows that the economy seems to be
recovering with a stable index of growth in inflation, export and
import. SEE MORE Gold rushed to a one-week high on Thursday, aided by dollar
weakness and belief that a temporary deal to avoid historic US debt
default might also prompt the Federal Reserve to hold back from reducing
its additional monetary stimulus. SEE MORE Vietnam’s central bank pledged to take
“necessary measures” to stabilize the dong and signaled it would refrain
from raising interest rates as the Southeast Asian nation struggles to
revive economic growth. SEE MORE The Eurozone crisis has been
quiet since the summer of 2012, as the markets waited for the German election. But now this has occurred,
it is unlikely that the problem can continue to be ignored. SEE MORE Oil prices dipped in Asian trade Friday
despite hopes of a breakthrough in the crippling budget impasse in
Washington, as dealers focused on a US supply glut, analysts said. SEE MORE