(Reporting by Khanh Vu Editing by Ed Davies)
HANOI, March 15 (Reuters) - Vietnam stocks opened
up 1.3% at 1,054 on Wednesday, following a surprise move by the
country's central bank to cut interest rates and in line with a
firmer regional trend in equities after a rebound in Wall Street
bank stocks.
The State Bank of Vietnam announced late on Tuesday it was
cutting several policy rates to increase liquidity and support
economic growth.
Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.