US dollar drops sharply on unofficial market

Since the beginning of December, the dollar on the unofficial market has fallen by more than VNĐ700 per dollar. Compared to its peak of VNĐ28,000 in mid-November, the rate decreased by more than VNĐ900, or 2.5 percentage points.

State Bank adopts proactive policy to stabilise forex market

As global financial fluctuations have put significant pressure on the monetary market this year, the State Bank of Việt Nam has adopted a flexible and proactive monetary policy to maintain stability. Director of the Monetary Policy Department Phạm Chí Quang spoke about developments in the foreign exchange market and measures to ensure system liquidity.

PM directs tasks to boost economic growth

Monetary tools, particularly exchange rates, interest rates and credit, must be managed flexibly and effectively to ensure the smooth, safe and stable operation of the monetary and banking systems

SBV plans to simplify business regulations for banks

Under a draft circular to replace Circular 32/2024/TT-NHNN, now open for public comment, many administrative procedures for establishing and relocating commercial bank branches and transaction offices will be significantly shortened.

Ready to take off

Commercial test flights were held successfully at Long Thành International Airport on Monday, marking an important step towards its readiness for operation. The airport will officially welcome its first passengers on Friday, who will be flying down from Nội Bài airport in Hà Nội.

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