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Friday,  09/20/2024
COVID-19-induced uncertainty affects bond markets
COVID-19-induced uncertainty affects bond markets
Hanoi (VNS/VNA) – The COVID-19 pandemic continues to drag on local currency bond markets in emerging East Asia, including Vietnam, as investment sentiment globally and in the region wane and containment measures limit economic activity. Vietnam’s local currency bond market posted a healthy 9.5 percent quarter-on-quarter growth in the first quarter of 2020 to reach 57.6 billion USD at...
Deputy Finance Minister suggests speeding up public capital disbursement
Deputy Finance Minister suggests speeding up public capital disbursement
Hanoi (VNA) – There remains difficulties in the disbursement of public investment capital between now and the year-end due to COVID-19, said Deputy Finance Minister Tran Xuan Ha during a teleconference on June 25. Deputy Finance Minister Tran Xuan Ha speaks at the event (Photo: VNA) As of June 24, foreign capital disbursement surpassed 7.4 trillion VND (321 million...
Reference exchange rate up 2 VND
Reference exchange rate up 2 VND
Hanoi (VNA) - The State Bank of Vietnam set the daily reference exchange rate at 23,232 VND per USD on June 26, down 2 VND from the previous day. Illustrative photo (Source: VNA) With the current trading band of +/-3 percent, the ceiling rate applied to commercial banks during the day is 23,929 VND/USD and the floor rate 22,535...
Shrimp exports to Canada rise steadily
Shrimp exports to Canada rise steadily
Hanoi (VNA) - Shrimp exports to Canada as of mid-May had reached 54.7 million USD, a 32 percent rise year-on-year, following steady increases since 2016, aside from a slight dip last year, according to the Vietnam Association of Seafood Exporters and Producers. Processing shrimp for exports (Photo: VNA) Canada has been buying a large number of warm-water shrimp from...
Leaders of Lang Son People’s Committee, Vinataba meet
Leaders of Lang Son People’s Committee, Vinataba meet
LSO – Vice Chairman in charge of the Lang Son provincial People’s Committee Ho Tien Thieu chaired a reception for a working delegation from the Vietnam National Tobacco Corporation (Vinataba) led by Chairman of its Members’ Council Ho Le Nghia. According to a report delivered at the meeting, Lang Son holds suitable soil and climate conditions to plant tobacco....
Budget collection in first half under review
Budget collection in first half under review
(LSO) - The Lang Son steering committee for State budget collection held a meeting on June 23to review preliminary outcomes of its work during the first half of the year and set out tasks for the last 6 months. Nguyen Cong Truong, Vice Chairman of the provincial People's Committee and head of the steering committee chaired the meeting. Between...
Rice export price lowest in two months
Rice export price lowest in two months
Hanoi (VNS/VNA) - Higher rice supply in the domestic market has made the export price of Vietnam’s broken rice drop to 450 USD per tonne on June 19, the lowest level in the past two months. Vietnam's rice export volume surged by 12 percent to 3.09 million tonnes in the first five months of this year (Photo: anninhthudo.vn)...
Trade defence investigations into wood products on the rise
Trade defence investigations into wood products on the rise
Hanoi (VNS/VNA) - Although accounting for a small proportion of the total trade defence cases, investigations into wood products are on the rise. Trade defence investigations into wood products on the rise (Photo: VNA) The Ministry of Industry and Trade has dealt with 176 trade defence cases applied by foreign countries on Vietnamese exports as of this month....
Rice export price lowest in two months
Rice export price lowest in two months
Hanoi (VNS/VNA) - Higher rice supply in the domestic market has made the export price of Vietnam’s broken rice drop to 450 USD per tonne on June 19, the lowest level in the past two months. Vietnam's rice export volume surged by 12 percent to 3.09 million tonnes in the first five months of this year (Photo: anninhthudo.vn)...