The State Bank of Vietnam kept the daily reference exchange rate on February 27 unchanged from the previous day at 22,448 VND/USD.

Vietnamese shares rallied on February 26 but the uptrend weakened towards the closing minutes due to selling pressure in a number of blue-chips, especially during the ATC session.

National Assembly Chairwoman Nguyen Thi Kim Ngan urged the Ministry of Finance (MoF) to perform its tasks right from the beginning of the year as 2018 is very important for the fulfillment of targets and plans for 2016-2020.

Senior officials of four border Vietnamese province and China’s Guangxi met in Guilin city on the occasion of the Lunar New Year to increase exchange and promote cooperation between the sides.

Automobile imports in Vietnam plummeted in the first month of 2018, also the time before Tết (Lunar New Year) holiday.

Vietjet Air will officially shift its operation from Terminal 3 (T3) to Terminal 4 (T4) at Singapore’s Changi International Airport as from March 6, 2018.

Cultivation sector aims to gross over 21 billion USD in export turnover in 2018, representing a year-on-year rise of 2.2-2.3 percent.

The Ministry of Planning and Investment has been tasked with compiling a project on measuring Vietnam’s non-observed economy (NOE), to be submitted to the Government in the first quarter of 2018, according to Deputy Minister of Planning and Investment Nguyen The Phuong.

Total export revenue during the week-long Tet holiday, which lasted from February 14-20, reached 289 million USD, up nearly 50 percent against the same period last year.

The largest local commercial bank, Vietcombank (VCB), has set to increase their profit to between 12.5 trillion VND (548.7 million USD) and 13 trillion VND (570.7 million USD) in 2018, up about 15 percent against 2017, said VCB Chairman Nghiem Xuan Thanh.

The State Capital Investment Corporation (SCIC) plans to sell nearly 30 percent of its stake in Binh Minh Plastic JSC or 24.1 million shares on March 9 on the HCM Stock Exchange.

As many as 4.6 million hectares of land, or 59 percent of total rice area in Vietnam, have been cultivated with domestically-made varieties, according to the Ministry of Agriculture and Rural Development (MARD).

Gold products were sold out at a number of stores amid a sharp increase in customers compared to previous days during the God of Wealth Day on February 25.

Vietnamese stocks are expected to rise further with the benchmark VN-Index forecast to surpass its all-time peak of 1,170 in 2007 on rising investor confidence in the market outlook, analysts said.