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Friday,  09/20/2024
VN-Index to move flat, large-cap stocks to weaken
VN-Index to move flat, large-cap stocks to weaken
Hanoi (VNS/VNA) - Vietnam’s benchmark VN-Index last week ended at its 13-month high but its struggle on the last two days signalled growth had stalled and it would move sideways in the coming week. An electronic and mobile retail store of Mobile World Investment Corporation in HCM City. (Photo: thegioididong.com) The benchmark VN-Index on the Ho Chi Minh Stock...
Reference exchange rate revised down 3 VND
Reference exchange rate revised down 3 VND
Hanoi (VNA) - The State Bank of Vietnam (SBV) set the daily reference exchange rate at 23,130 VND per USD on November 11, down 3 VND from the last working day of the previous week (November 8). At a Techcombank transaction office (Photo: VNA) With the current trading band of +/- 3 percent, the ceiling rate applied to commercial...
Mobile app connects goods owners with drivers
Mobile app connects goods owners with drivers
(LSO) - A mobile app connecting goods and vehicle owners in an area with vibrant trading activities like Lang Son province has helped not only goods owners to save time and costs and but also drivers to improve their incomes. About 400,000 vehicles carrying exports and imports go through local border gates each year. Among them, up to 200,000...
Deputy PM Hue urges IFC to buy stakes in major commercial banks
Deputy PM Hue urges IFC to buy stakes in major commercial banks
Hanoi (VNA) – Deputy Prime Minister Vuong Dinh Hue has suggested that the International Financial Corporation (IFC) buy stakes in Vietnam’s major commercial banks when meeting with the IFC Chief Operating Officer Stephanie von Friedeburg in Hanoi on November 7. Deputy Prime Minister Vuong Dinh Hue (R) and IFC Chief Operating Officer Stephanie von Friedeburg (Photo: VNA) The...
Reference exchange rate down 1 VND on November 8
Reference exchange rate down 1 VND on November 8
Hanoi (VNA) - The State Bank of Vietnam (SBV) set the daily reference exchange rate at 23,133 VND per USD on November 8, down 1 VND from the previous day (November 7). The daily reference exchange rate was set at 23,133 VND per USD on November 8 (Photo: VNA) With the current trading band of +/- 3 percent, the...
Vietnam has second lowest number of mobile malware threats in Southeast Asia
Vietnam has second lowest number of mobile malware threats in Southeast Asia
HCM City (VNS/VNA) - Vietnam had the second lowest number of Android threats detected in Southeast Asia in the period from January to September this year, according to cybersecurity company Kaspersky. Illustrative image (Source: internet) The company reported it had blocked 53,097 mobile attack attempts in Vietnam in the period. The countries with the highest numbers of mobile malware...
Vietnam’s export tunover surges 7.4 percent in 10 months
Vietnam’s export tunover surges 7.4 percent in 10 months
Hanoi (VNA) – Vietnam’s export turnover in the last 10 months yearly increased 7.4 percent year-on-year to over 217 billion USD, according to the Ministry of Industry and Trade (MoIT). Illustrative photo (Photo: http://baochinhphu.vn/) Statistics show that 30.7 percent of the export turnover was contributed by the domestic economic sector, and the rest by the foreign-invested sector. The domestic...
Banks offering more and more free deals
Banks offering more and more free deals
Hanoi (VNS/VNA) - More and more customers are using e-banking services, leading to a rise in free-of-charge facilities offered by banks. The head office of the Southeast Asia Joint Stock Commercial Bank (SeABank) (Source: vietnamfinance.vn) The Vietnam Prosperity Joint Stock Commercial Bank (VPBank) offers free services for the first 10 transactions made on its VPBank Online application, replacing the...
Reference exchange rate down 6 VND on Nov 6
Reference exchange rate down 6 VND on Nov 6
Hanoi (VNA) - The State Bank of Vietnam (SBV) set the daily reference exchange rate at 23,129 VND per USD on November 6, down 6 VND from the previous day (November 5). The State Bank of Vietnam (SBV) set the daily reference exchange rate at 23,129 VND per USD on November 6.(Photo: VNA) With the current trading band of...
Ten-month industrial production index rises 9.5 percent
Ten-month industrial production index rises 9.5 percent
Hanoi (VNA) – The index of industrial production (IIP) for the first 10 months of this year increased by 9.5 percent from the same period last year, led by the manufacturing-processing sector. Illustrative image (Source: VNA) According to the General Statistics Office (GSO), the manufacturing-processing sector recorded a growth of 10.8 percent. Some industries with especially high growth rates...