HCM City’s police busted an illegal gambling operation run by Đặng Văn Quý, 45, a native of southern Đồng Nai Province on Tuesday.
Việt Nam’s foreign reserves has increased by 130 per cent to nearly US$64 billion in the past two-and-a-half years, Prime Minister Nguyễn Xuân Phúc said.
Local investors are concerned with recent increases in net selling by foreign traders, fearing a capital flight, but experts have tried to calm the market with positive recommendations.
The banking industry is drastically restructuring credit institutions (CIs) in combination with bad debt settlement to ensure their safe, healthy and sustained growth.
PetroVietnam Power Corporation (PV Power) recorded a post-tax profit of VNĐ780 billion (US$34.2 million) in the first quarter of this year.
State Bank of Việt Nam (SBV) has continuously bought in hard currencies in the past few months, raising the country’s foreign reserves to a record high of US$63 billion.
Prime Minister Nguyễn Xuân Phúc has asked the Ministry of Transport to assess costs and capital sources for two metro lines in HCM City and to submit the report to the city government.
Breakthroughs in the business environment have created a foundation for renovation, contributing to the growth of the economy and local firms.
State Bank of Việt Nam on April 18 raised the daily reference exchange rate by five Vietnamese đồng from the previous day, setting it at VNĐ22,482 per US dollar.
For the first time, Sài Gòn Thương Tín Commercial Joint Stock Bank (Sacombank) is offering customers free remittance receipt services at its ATMs.