Stock Market Upgrade Journey: overcoming hurdles and reaching new heights

The general upgrading of the Việt Nam Stock Market will bring about favourable outcomes and increase global integration, elevating the stature of the Vietnamese market and the country itself. The upgrading of the stock market contributes to Việt Nam's aspirations of establishing an international financial center. This plays a significant role in Việt Nam's national development strategy. Chairwoman of the State Securities Commission (SSC) Vũ Thị Chân Phương shares her insights to Việt Nam News.

Foreign exchange rate cools after central bank’s intervention

According to experts, this move is aimed to support the foreign exchange rate, which has been under rising pressure recently, as the bill issuance has helped absorb liquidity in the interbank market to increase Vietnamese đồng-denominated interest rate, which has reduced the dollar speculation in the short term.

Vân Phong 1 BOT Thermal Power Plant becomes operational

The Vân Phong 1 BOT Thermal Power Plant in the Vân Phong Economic Zone of the south-central province of Khánh Hòa was inaugurated on Wednesday, supplying an additional 8.5 billion kWh per year, accounting for approximately 3 per cent of the total electricity output nationwide.

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