Reference exchange rate stable Business

Reference exchange rate stable

The State Bank of Vietnam kept the daily reference exchange rate on February 27 unchanged from the previous day at 22,448 VND/USD.
Large-caps strongly support VN-Index Business

Large-caps strongly support VN-Index

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.
Shadow economy measuring scheme to be proposed in Q1 Business

Shadow economy measuring scheme to be proposed in Q1

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.
Vietcombank looks to earn 570-mln-USD profit in 2018 Business

Vietcombank looks to earn 570-mln-USD profit in 2018

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.
Gold sold out on God of Wealth Day Business

Gold sold out on God of Wealth Day

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.
Stocks set to break all-time record Business

Stocks set to break all-time record

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.