VN's currency policy aims at stabilising inflation and macroeconomy, not manipulation for unfair advantage

Việt Nam's exchange rate control, as part of its general currency policy, aims at keeping inflation in check and stabilising the macroeconomy. The country does not intend to create unfair competitive advantage in international trade, said the State Bank of Vietnam (SBV) this morning in a response to a report by the US Department of the Treasury in which it listed Việt Nam and Switzerland as currency manipulators. 

International machinery, supporting industry fairs open in HCM City

Five exhibitions, the Vietnam International Machinery Fair, Vietnam Supporting Industry Fair, Vietnam International Retailtech and Franchise Show, Vietnam International Premium Products Fair, and Vietnam International Maternity Baby and Kids Fair, opened in HCM City on December 17.

Digital transformation in Việt Nam: from aspiration to reality

The internet had made positive contributions to the overall socio-economic development of the country since Viet Nam connected to the Internet for the first time 20 years ago, said Nguyễn Huy Dũng, Deputy Minister of Information and Communications, at Internet Day 2020.

Credit growth limits extended

The State Bank of Việt Nam (SBV) has extended the credit growth limits for the second time this year to some commercial banks, of which the highest level is up to 30 per cent.

MSN to pay cash dividend of 10 per cent

Masan Group Corporation (HOSE: MSN) has set December 18 as the record date for paying dividends for 2019 in the form of cash and December 30 as the payment date.

Hòa Phát posts surging imports from Australia

The Hòa Phát Group has reported some US$700 million worth of imports from Australia this year, more than double the figure from last year and making the industrial manufacturer the largest Vietnamese client of the country.

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