Việt Nam News

The State Bank of Việt Nam (SBV) set the daily reference exchange rate for the US dollar at 23,703 VND/USD on Tuesday, up VNĐ3 from the previous day and the highest rise in many years.

The Governor said that the amendment of the Anti-Money Laundering Law demonstrated the country's efforts in overcoming the shortcomings of the legal basis compared to the recommendations of the Financial Action Task Force (FATF).

The HCM City commercial property market has returned to its growth trajectory from before the COVID-19 pandemic thanks to the retail and services sector as well as increasing number of foreign visitors to the city, experts said.

A huge amount of expired corporate bonds due for payment in the last months of this year and the whole of 2023 and 2024 are putting great pressure on issuers.

According to the report, this is a period when Vietnamese digital consumers use more platforms than ever before, with the dominance of the e-commerce market accounting for 51 per cent of online spending.

There have been numerous complaints regarding the development of the electricity price bracket, however only 59 out of 293 units and projects, or just 20 per cent of renewable energy investors, have contributed ideas or proposals themselves.

Việt Nam expects to promote Vietnamese coffee exports to Spain due to higher coffee demand in this European market in the 2022-2025 period, according to the Việt Nam Trade Office in Spain.

The Ministry of Industry and Trade (MoIT) and the Ministry of Finance (MoF) are working around the clock to bring down petrol prices in the domestic market, according to the two ministries. 

It had lost over 72 points in just two sessions. 

Usury is the practice of lending money at unreasonably high rates of interest. 

US drug company Pfizer has announced sponsorship for the Viet Nam Young Physicians Association to help increase public awareness of telemedicine through a project called ‘Companion Pharmacy: Visit Pharmacy, Meet Doctor.’

Hong Kong’s Techtronic Industries Company Limited considers Việt Nam its strategic operational base and is committed to long-term investment in facilities, the supply chain eco-system and workforce and community, its director of communications has said.

After carefully reviewing the case file, VCDA believed that Sconnect is suffering a lot of heavy damage from the decision-making of intermediary service providers, YouTube and Facebook, on the basis of its activities, claims and petitions that have not been heard by the EO courts in the UK.

The Asian Development Bank (ADB) mobilised a US$135 million financing package for VinFast Trading and Production Joint Stock Company (VinFast) to manufacture Việt Nam’s first fully-electric public transport bus fleet and first national electric vehicle (EV) charging network.

The prize includes first-class return Vietnam Airlines air tickets for two people, accommodation and an Anfield stadium tour to explore Liverpool Football Club’s epic past and present, with access to areas normally reserved for players and managers.

IHG Hotels & Resorts, in co-operation with Bảo Quân Investment & Construction Joint Stock Company, will open its first Crowne Plaza hotel in Vĩnh Yên City of the northern province of Vĩnh Phúc this November.

The Ministry of Information and Communications has set a target of 100,000 digital technology enterprises in Việt Nam by 2025, a growth of 56.25 per cent compared to last year.

High inflation in markets, especially the main export markets of Việt Nam, also reduces the demand for consumer goods.