The State Bank of Việt Nam (SBV)’s Operations Centre has decided to adjust the reference exchange rate of the Vietnamese đồng against the US dollar for the first time since February 2018.
The Government has issued measures to boost non-cash payment methods in the country this year.
Minister of Finance Đinh Tiến Dũng has asked for enhanced price management to prevent any sudden cost hikes before, during or after the Tết (Lunar New Year) holiday in the beginning of February.
The central city of Đà Nẵng granted new licences to 126 foreign direct investment (FDI) projects in 2018 with a total investment value of US$155.9 million – double the level it saw in 2017.
As Tết approaches, authorities are working to help flower farmers avoid losses, which occurred last year during the holiday season. .
The local Truong Hai Automobile Company (Thaco) has invested VND4.5 trillion (nearly US$200 million) in a manufacturing plant to produce cars for luxury European brands in the central province of Quảng Nam.
Non-equity modes of investment (NEMs) would be an increasingly important form for attracting foreign capial in Việt Nam, according to Chairman of the Việt Nam Association of Foreign Invested Enterprises Nguyễn Mại.
There was a surge in sales at supermarkets and shopping malls during the four-day New Year holidays.
In 2018, the State Bank of Việt Nam (SBV) maintained active and flexible management of the exchange rate to keep the domestic market stable in the face of international pressure.
SBV Deputy Governor Nguyễn Thị Hồng speaks to Vietnam News Agency about this issue.
The HCM City Real Estate Association has rejected media reports that there has been a surge in the purchase of housing in HCM City by foreigners, with most being from mainland China and Hong Kong.
Việt Nam’s solar power plants are facing a crisis in consumption of their electricity because there has not been synchronous development of power transmission infrastructure or a suitable operation mechanism.
Finance minister Đinh Tiến Dũng rang the bell at the Hà Nội Stock Exchange (HNX) to start a new year for the northern equity market yesterday.
Shares failed to maintain their rally from the morning session as selling pressure increased towards the end of the session while buying demand remained weak.
Việt Nam’s total outbound investment in 2018 was an estimated US$432 million, according to the General Statistics Office.
The nation’s index of industrial production (IIP) in 2018 experienced an encouraging increase of 10.2 per cent over the previous year, the General Statistics Office (GSO) said.
The upgraded National Highway 10, developed under the build-operate-transfer (BOT) model with a total length of 31 kilometres, will begin toll collection on January 4, project investor Tasco Joint Stock Company has announced.
Việt Nam Electricity (EVN) is co-operating with Việt Nam Payment Solution Joint Stock Company (VNPAY) to enable online QR payments of electricity bills.
A representative of the Airports Corporation of Việt Nam (ACV) has predicted the number of passengers passing through ACV’s airports will exceed 112 million this year, up by 8 million from last year.