The reference exchange rate and exchange rates of commercial banks have increased continuously in recent days, with the reference exchange rate making its record high on May 8 at 23,046 VND. However, economists said that there is nothing to worry about this situation.
An entertainment complex was inaugurated at Singapore’s Changi airport on April 11 in the hope of making passengers feel relaxed and comfortable when transiting the airport.
The Hongkong and Shanghai Banking Corporation (HSBC) on April 5 made several recommendations to help Southeast Asian nations attract private financing towards economically and environmentally sustainable projects.
Vietnam’s economy will grow at 6.6 percent this year, slightly down from last year’s 7.1 percent, HSBC has forecast in a report it released this week.
Singapore’s central bank is likely to keep its monetary policy stance on hold in its meeting next month as inflation eases and the growth outlook for the export-reliant economy dims.
Prime Minister Nguyen Xuan Phuc received Kevin McAllister, Executive Vice President of the US’s Boeing Company and President and Chief Executive Officer of Boeing Commercial Airplanes, in Hanoi on February 27.
Vietnam is at the top of the list of markets that could benefit from trade diversion coming from US-China trade tensions, building on its increasing competitiveness in manufacturing, according to Pham Hong Hai, CEO of HSBC Vietnam.
The threat of macro-economic headwinds dragging global growth should be the impetus ASEAN needs to push its reform agenda harder in 2019, according to a report recently released by the HSBC Group.
Vietnam and Hong Kong should promote investment, trade and service flows between the two sides to take advantage of a diversion of trade from China amid escalating tensions between the US and China, a banking official said.
Vietnam has climbed eight places to 18th in the world as the best place for a career for expatriates, according to HSBC’s Expat Explorer survey.
The second session of the Vietnam-UK Working Group on Trade and Investment Dialogue took place in London from January 14-15, focusing on orientations for cooperation after the UK’s exit from the European Union (Brexit).
The Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), which came into force in Vietnam on January 14, will support free trade amid ongoing global trade tensions, according to HSBC Vietnam.
The State Bank of Vietnam (SBV)’s Operations Centre has decided to adjust the reference exchange rate of the VND against the USD for the first time since February 2018.
The Vietnamese monetary market will not suffer from any significant impact from the US Federal Reserve (FED)’s fourth interest rate hike in 2018 as the move was already expected, experts have said.
Vietnam is among the few ASEAN member countries to consistently improve its attractiveness to foreign investors due to its growing economy and improving business climate, according to experts.
Vietnamese enterprises are among the world’s most optimistic about international trade prospects and most confident when it comes to succeeding in the current environment, according to an HSBC report.
The Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) is expected to help Vietnam expand exports and join the global value chain more deeply.
Many banks have reported good business performance in the first nine months of the year thanks to decreasing provision costs and rising income from services.
