Hanoi (VNA) - For many industries, Vietnam has become their first choice in this manufacturing diaspora, said an article on Forbes recently. Illustrative image (Source: VNA) In his article, Warren Shoulberg noted that Vietnam has always had a heritage for handcrafted products. One of the industries in the forefront of the great Vietnam surge has been furniture. In a...

Hanoi (VNA) - The State Bank of Vietnam (SBV) set the daily reference exchange rate at 23,154 VND per USD on October 18, down 5 VND from the previous day (October 17). The daily reference exchange rate was set at 23,154 VND per USD on October 18 (Photo: VNA) With the current trading band of +/- 3 percent, the...

Hanoi (VNA) - The retail prices of petrol were reduced as from 3pm on October 16, following a hike earlier this month. Motorcyclists buy petrol at a gas station of Petrolimex (Photo: VNA) Specifically, the price of E5 RON92 was down 310 VND to 19,470 VND (0.84 USD) per litre at the highest, and that of RON95-III also...

Hanoi (VNA) - The State Treasury mobilised 4 trillion VND (172.66 million USD) through Government bond auctions on the Hanoi Stock Exchange (HNX) on October 16. Illustrative image (Source: vneconomy) Accordingly, the State Treasury offered five-year bonds valued at 500 billion VND, 10-year and 15-year bonds each valued at 1.5 trillion VND, and 20-year bonds valued at 500 billion...

Tokyo (VNA) – Japan’s MOS Food Services Inc. on October 15 announced that it will train 350 Vietnamese students over four years so that they can work at its MOS Burger stores across the country. A MOS Burger store in Japan (Photo: thetraveltester.com) The Japanese fast-food restaurant chain operator said it will partner with Vietnam’s Da Nang Vocational...

(LSO) - Vice Chairman of the People’s Committee of Lang Son Nguyen Cong Truong on October 15 chaired a meeting to verify a draft on local land prices in the 2020-2024 period. The meeting also drew members of the provincial council for land price verification and leaders of the People’s Committees of districts and Lang Son city. At the...

Hanoi (VNS/VNA) – Vietnam’s textile industry faces many difficulties with both export and production on the decrease due to effects of an intensified China-US trade war, said industry experts. Textile workers at the Hue Textile Garment JSC (Photo: VNA) “Buyers are concerned with the on-going China-US trade war and it has resulted in fewer and smaller orders,” said...

HCM City (VNS/VNA) - Contactless payment is becoming trendy in Vietnam thanks to the growth of technology and the country’s young population. Contactless payment is becoming more popular in Vietnam thanks to young population and the technology development (Photo: VNA) To make contactless payment, a card or smartphone is simply waved in the vicinity of a terminal equipped with...

Hanoi (VNA) - The State Bank of Vietnam (SBV) set the daily reference exchange rate at 23,150 VND per USD on October 15, unchanged from the previous day (October 14). The daily reference exchange rate was set at 23,150 VND per USD on October 15 (Photo: VNA) With the current trading band of +/- 3 percent, the ceiling rate...

(LSO) - A national teleconference took place in Hanoi on October 14 to review the 15-year implementation of Resolution No. 13-NQ/TW, issued on March 18, 2002, at the 5th session of the 9th-tenure Party Central Committee, on the continuation of reforming, developing and improving the collective economy’ effectiveness. Prime Minister Nguyen Xuan Phuc chaired the event, which was also...