SINGAPORE (ICIS)--Crude prices fell
sharply on Monday, with ICE Brent crude futures falling by more than
$2/bbl, on easing supply concerns following a deal between leading world
powers and Iran to halt Tehran’s nuclear programme. SEE MORE (VOV) -Gold prices on the domestic market have declined sharply to
around VND35.7 million/tael – a record low since June 28. However, they
are still VND4.2 million/tael higher than those on the global market. SEE MORE (VOV) -The Ministry of Finance has warned Vietnam’s inflation rate could
rise during the last months of 2013, compounded by the bad debts of
credit organisations destined to remain outstanding. SEE MORE Oil prices rebounded in Asia
today as traders pounced after sharp falls the previous day on
forecasts of surging production in the United States, analysts said. SEE MORE VietNamNet Bridge – The current factors of the national economy
allow to stabilize the dong/dollar exchange rate. However, economists
believe that it would be better to depreciate the local currency
slightly so as to encourage exports. SEE MORE