Oil prices are not considered by
many analysts as a gauge of economic activity on account of cartels
which have at times overruled forces of supply a demand. Copper is given
a higher weightage to oil to gauge economic activity globally. SEE MORE (Reuters) - Oil prices continued their rout on Tuesday with Brent crude
and U.S. WTI both falling to their lowest in almost six years as a big
OPEC producer stood by the group's decision not to cut output to tackle a
glut in the market. SEE MORE Although showing signs of recovery through Gross Domestic Product (GDP)
Growth rate, Vietnam’s economy was still facing a lot of risks, said
head of Vietnam Institute of Economics Tran Dinh Thien in Ho Chi Minh
City yesterday. SEE MORE The US dollar rates fell in the local commercial banks yesterday, two
days after the State Bank of Viet Nam weakened the Vietnamese dong by 1
per cent. SEE MORE The State Bank of Vietnam devalued the dong by weakening its reference
rate for the second time since June, seeking to spur exports and sustain
growth. SEE MORE