Hanoi (VNA) - The State Bank of Vietnam set the daily reference exchange rate at 23,196 VND/USD on January 31, up 11 VND from the previous day. Illustrative image (Source: VNA) With the current trading band of +/-3 percent, the ceiling rate applied to commercial banks during the day is 23,891 VND/USD and the floor rate 22,500 VND/USD. The...

Hanoi (VNA) – Many initiatives will be offered to foster cooperation among regional businesses towards further promoting trade and investment exchange in the region after Vietnam takes over the chairmanship of the East Asia Business Council (EABC) in 2020. EABC 2020 to promote development of MSMEs - Illustrative image (Source: VNA) According to Chairman of the Vietnam Chamber of...

Hanoi (VNA) - The State Bank of Vietnam set the daily reference exchange rate at 23,185 VND/USD on January 30, up 15 VND from the last session of the Year of the Pig (January 22). The State Bank of Vietnam set the daily reference exchange rate at 23,185 VND/USD on January 30.(Photo: VNA) With the current trading band of...

Hanoi (VNS/VNA) - The logistics sector is forecast to continue growing strongly this year, with expansion in both retail and e-commerce channels. The Vietnam E-commerce and Digital Economy Agency (IDEA) forecasts that the Vietnamese e-commerce market will reach 10 billion USD this year (Photo: kiotviet.vn) The Vietnam E-commerce and Digital Economy Agency (IDEA) forecasts that the Vietnamese e-commerce market...

Hanoi (VNS/VNA) - The Ministry of Finance will tighten regulations over corporate bond issuance because of an overheating market to protect investors and prevent risks which might arise from the abuse of this capital raising channel. The Ministry of Finance will tighten corporate bond issuance as the market was seeing overheating development (Photo: baodauthau.vn) The ministry has made public...

Tra Vinh (VNS/VNA) - Farmers in the Mekong Delta province of Tra Vinh are entering the mud crab harvest for Tet (Lunar New Year) and earning a high profit of 30 - 35 million VND (1,300 - 1,500 USD) per hectare as demand is high for the coming holiday, which falls on January 25. Harvested mud crabs. (Photo: VNA/VNS)...

Hanoi (VNA) - Prime Minister Nguyen Xuan Phuc has signed a directive to promote the development of digital enterprises in Vietnam with a target of developing 100,000 tech firms by 2030. Visitors learn about AI-applied ICT services produced by a Vietnamese tech company at an ICT event in Hanoi. — (Photo: ictvietnam.vn ) Digital transformation is creating new development...

Hanoi (VNA) – A majority of groups and corporations fulfilled 2019 targets assigned by the Committee for Management of State Capital at Enterprises (CMSC), heard a conference in Hanoi on January 16. At the event (Photo: VNA) CMSC Vice Chairman Ho Sy Hung said the total revenue of 19 groups and corporations surpassed 1.48 quadrillion VND (64.2 billion...

HCM City (VNS/VNA) - As the Tet (Lunar New Year) holiday is approaching, people in Ho Chi Minh City and across the country are opening their wallets to buy special ornamental plants and imported flowers to decorate their homes for the nation's biggest festival. Vietnamese are willing to pay for imported flowers and ornamental plants for Tet (Photo:...

Hanoi (VNS/VNA) - The Government supports the policy of allowing four State-owned banks to raise charter capital, said Governor of the State Bank of Vietnam (SBV) Le Minh Hung. Vietinbank could retain profits in 2018 and 2019 to serve the capital hike plan (Photo: vietnamfinance.vn) These four banks are Vietnam Bank for Agriculture and Rural Development (Agribank), Vietnam...