Reference exchange rate goes up on March 13
With the current trading band of +/- 5%, the ceiling rate applicable for commercial banks during the day is 26,318 VND/USD, and the floor rate 23,812 VND/USD.
With the current trading band of +/- 5%, the ceiling rate applicable for commercial banks during the day is 26,318 VND/USD, and the floor rate 23,812 VND/USD.
Vietnam’s Trade Counsellor in India Bui Trung Thuong said the presence of three large Vietnamese booths featuring coffee and processed food products reflects strong interest among Vietnamese businesses in India’s vast and promising market.
While expanding export destinations remains a priority, harnessing the domestic market is increasingly seen as a fundamental and sustainable solution to keep factories running, stabilise cash flows and support growth despite external headwinds.
Vietnam Airlines introduced its latest policies and products for the Thai market for the upcoming summer season while partners such as the VITA and Sun Group focused on refreshing the image of Vietnamese destinations for Thailand’s tourism community.
Of the total sales, passenger cars accounted for the largest share with 12,376 units, down 53% month-on-month. Commercial vehicles followed with 6,542 units, a decrease of 37%, while 360 specialised vehicles were sold, down 22% from the previous month.
During the four-day event, Vietnamese agricultural and food enterprises are showcasing new, high-quality products in an effort to expand cooperation opportunities and boost exports to the Japanese market.
Since the beginning of this year, domestic fuel prices have undergone 11 adjustments. During this period, both RON95 and E5 RON92 experienced four decreases and seven increases, while diesel oil two falls and nine hikes.
the Government required oil contractors to prioritise selling crude oil or condensate which has not yet been committed for export to the domestic market if suitable for domestic refinery processing.
Occupational shifts, deliberate fleet downsizing and new livelihoods for fishermen have emerged as big three moves to forge responsible fisheries practices, while bolstering the reputation and global standing of Vietnam’s seafood industry.
The Ministry of Industry and Trade’s Export-Import Department forecasts upward pressure on global prices for consumer goods, fuel, and crude oil in the coming time. Such hikes could exert indirect but broad negative effects on Vietnam’s overall production and trade, with particular exposure in exports destined for the Middle East.
Greece considers Vietnam an important economic partner in Southeast Asia, particularly given its impressive growth rate, said First Vice President of the Hellenic Parliament Ioannis Plakiotakis.
Assessing the immediate impact, the counsellor said the conflict is adversely affecting trade between Vietnam and Israel, as well as between Vietnam and other Middle Eastern markets, particularly in the short term.
The second edition of the hybrid venue, titled 'Suc song hang Viet' (Vitality of Vietnamese Goods), will take place from March 7 to 9 at 62 Trang Tien Street, Hoan Kiem.
Both host and guest agreed to facilitate market access, promptly remove trade barriers and address difficulties in order to meet cooperation needs and fully tap the economic potential of the EAEU and Vietnam.
The highest objective is to meet the dual requirement of lifting the EC’s yellow-card warning and ensuring the sustainable development of the fisheries sector, PM Chinh underscored.
Governing agencies, project management units, consultants, contractors, and especially Steering Committee members were urged to redouble efforts, heighten accountability, and carry out assigned tasks in accordance with legal procedures and proper authority. All projects must ensure progress and quality while preventing corruption, misconduct, and any form of wastefulness.
The Middle East has been blowing up in popularity with Vietnamese vacationers lately, especially the Dubai-Abu Dhabi-Egypt combo routes. Amid rising tensions, loads of customers are begging to push trips back, cancel outright or get their money back.
A resolution outlining strategic solutions to achieve double-digit economic expansion tied to a new growth model must serve as a “master blueprint” for Vietnam’s double-digit economic growth model through 2045.
Vietnamese and foreign carriers operating to, from, or transiting Middle East airspace affected by the conflict have been urged to continuously track military developments, especially those involving Iran and nations that have imposed airspace closures.
Although agricultural insurance policies have been piloted since 2011, the sector remains new and high risk, creating multiple challenges in implementation.In practice, most agricultural insurance participants have been farmers from poor and near-poor households, while participation among non-poor households and agricultural production organisations has remained limited.
The EFTA side highly appreciated Vietnam’s efforts and its market access proposals, while reaffirming the bloc’s traditional strengths in promoting private investment and technology transfer.
The State Bank of Vietnam set the daily reference exchange rate at 25,044 VND/USD on February 27, down 7 VND from the previous day.
With the legal framework now in place and the pilot roadmap under way, the country’s crypto asset market is expected to gradually enter a more regulated development phase.
Scaling up social housing delivery would stimulate aggregate demand and create jobs in construction, building materials, interior decor, and finance and banking, delivering economic benefits that extend far beyond real estate itself.
The strongest prospects for French firms lie in higher value-added products and solutions, including processed food, equipment for hi-tech agriculture, corporate digital solutions and healthcare. Vietnam is also considered an important link in the Southeast Asian value chain, opening broader access to the ASEAN market.