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Banks slash fees for interbank fund transfers

Thirty seven commercial banks have confirmed the reduction of the fees for interbank fund trasfers following the move of the National Payment Corporation of Việt Nam (NAPAS) to halve the switching fees for local banks from Wednesday.

Vietnamese currency more stable than other regional peers

Though the unofficial value of the Vietnamese đồng is now down about 3 per cent against the US dollar, the rate is still a smaller depreciation than that seen by most of Việt Nam’s regional peers and expected to stabilise around the level, management fund Vinacapital reported.

Ministry targets no drop in exports this year despite COVID-19

The Ministry of Agriculture and Rural Development has targeted no drop in export value of agricultural products this year, even though the sector was hit hard by the novel coronavirus (COVID-19) pandemic from the beginning of this year.

Wood product processors need to restructure production due to COVID-19

Local wood processing enterprises need to continue reorganising their production and business activities to deal with difficulties during the novel coronavirus (COVID-19) pandemic, according to the Ministry of Agriculture and Rural Development (MARD).

Foreign currency market eases following central bank’s intervention

The US dollar on Wednesday depreciated against the Vietnamese đồng after the State Bank of Việt Nam (SBV) sold the greenback on the cheap to stabilise the local foreign exchange market.

Govt official reassures there will be no rice shortage

Việt Nam’s rice exports surged this year to 1.29 million tonnes worth US$602 million by mid-March, 26.5 per cent and 34.6 per cent up.

Securities service fees cut does help, but more drastic measures in need: experts

To urgently support the stock market, the finance ministry cut fees of nine securities services and exempted fees for six others from March 19.

How COVID-19 affects Vietnamese consumers’ FMCG spend and purchase behaviours

The COVID-19 outbreak has hit fast-moving consumer goods (FMCG) businesses but not all categories and retailers will suffer negative impacts, according to global data and consulting company Kantar Worldpanel.

VN-Index witnesses largest one-day gain since 2012

Vietnamese shares bounced back on Wednesday thanks to the upbeat global mood as massive stimulus efforts injected optimism amid the rapid spread of COVID-19.

Firms keep buying back their own shares

Many local firms are buying back their shares to boost ownership during the COVID-19 pandemic.

VNTA asks network operators to ensure online services during pandemic

The Việt Nam Telecommunications Authority (VNTA) under the Ministry of Information and Communications asked network operators to ensure the quality of telecommunications services.

COVID-19, dimmed global outlook weigh on bond market

The novel coronavirus (COVID-19) pandemic and deepening global economic uncertainty are putting great pressure on Việt Nam’s local currency bond market, according to the Asian Development Bank (ADB).

Export of agricultural products to China show positive signs, says businesses

Trade and customs clearance of agricultural products at border gates on the border with China got back to normal but slow due to strict adherence to regulations of preventing the outbreak of COVID-19 virus.

MoIT asks Government leader to continue rice exports

The Ministry of Industry and Trade (MoIT) on Tuesday proposed Prime Minister Nguyễn Xuân Phúc to allow businesses to continue exporting rice.

MoIT proposes Prime Minister reopen secondary border gates with China

The Ministry of Industry and Trade (MoIT) has proposed Prime Minister Nguyễn Xuân Phúc permit customs clearance of goods through all secondary border gates in the northern province of Lạng Sơn, which is on the border with China.

Coronavirus and casinos: Why both East and West can learn a lot from each other

Brian Spence, Managing Partner at S&P Investments, highlights why his adopted country and his original homeland have a lot to teach each other when it comes to improving your chances in life.

Hà Nội outlines four scenarios for goods supply during pandemic

The Hà Nội Department of Industry and Trade has planned four scenarios to ensure sufficient supply of goods for people in quarantine zones amid the COVID-19 outbreak.

Agro-forestry, fisheries exports to US, EU hit by Covid-19 pandemic

With Việt Nam’s main agro-forestry and fisheries export markets after China such as the US and Europe being hit by the new coronavirus (Covid-19) pandemic, Vietnamese exporters are suffering.

2020 Startup Wheel contest begins

The annual Startup Wheel contest was launched in Việt Nam and other countries by the Business Startup Support Centre.

Đồng Nai to speed up capital disbursement, site clearance for Long Thành int'l airport project

Đồng Nai authorities plan to speed up capital disbursement, as well as site clearance, compensation and resettlement for affected households, so that construction of Long Thành International Airport can begin this year.