Vietnamplus

The State Bank of Vietnam set the daily reference exchange rate for the US dollar at 23,128 VND/USD on May 4, down 12 VND from the rate on the last working day before the four-day national holiday (April 29).

The Asian Development Bank (ADB) is supporting Cambodia's Kep province in constructing two standard ports for the fisheries and tourism sectors.

The Ho Chi Minh City branch of the State Bank of Vietnam has asked credit institutions to tighten the management on credit flow into the real estate sector and the transfer of money collected from real estate transactions abroad.

The banking sector hopes that by 2025, the volume of mobile payment transactions will grow by 50 - 80 percent while transaction value will surge 80 - 100 percent annually.

Vietnam’s geography gives it a logistical advantage in boosting production, export and logistics services. This year, the Government has set targets of tapping its full potential.

The State Bank of Vietnam set the daily reference exchange rate for the US dollar at 23,140 VND/USD on April 29, unchanged from the previous day.

Vietnam is anticipated to enjoy the highest trade and income gains among members of Regional Comprehensive Economic Partnership (RCEP), according to a latest World Bank report.

Poverty in Vietnam declined substantially between 2010 and 2020, according to a report released by the World Bank (WB) on April 28.

The State Bank of Vietnam set the daily reference exchange rate for the US dollar at 23,140 VND/USD on April 28, up 5 VND from the previous day.

The Nam A Commercial Joint Stock Bank - a partner that has been the main sponsor of the national chess championship for three consecutive years, announced its rewards for members of the national chess team participating 31st Southeast Asian Games (SEA Games 31) at a ceremony in Hanoi on April 27.

The Vietnamese Government is always willing to create favourable conditions for Korean businesses, including Hana Financial Group and Hana Bank, to invest and do long-term business in Vietnam in the spirit of harmonious benefit and risk sharing, Deputy Prime Minister Le Minh Khai has said.

The State Bank of Vietnam set the daily reference exchange rate for the US dollar at 23,135 VND/USD on April 27, unchanged from the previous day.

Vietnam has made remarkable progress in poverty reduction in the 2010 – 2020 period, with the rate of poverty declining to only 5 percent from 16.8 percent, according to the World Bank (WB).

There has been great pressure on Vietnam's logistics industry to train, retrain and upgrade workers' knowledge as well as to keep up-to-date with international standards and measures, according to the Vietnam Logistics Business Association (VLA).

The State Bank of Vietnam set the daily reference exchange rate for the US dollar at 23,135 VND/USD on April 26, up 7 VND from the previous day.

Early this month, the State Bank of Vietnam (SBV) announced a new draft decree providing a controlled testing mechanism (sandbox) for fintech activities in the banking industry. This is the second draft that has been built to gather public opinions for this sector.

Thanks to increases in savings interest rates, deposits at banks increased strongly in the first two months of this year after declining last year.

Bank Indonesia (BI) has revised the projection for the country's economic growth this year to between 4.5 percent and 5.3 percent.

The State Bank of Vietnam set the daily reference exchange rate for the US dollar at 23,123 VND/USD on April 22, unchanged from the previous day.

Director-General of the Vietnam Social Security (VSS) Nguyen The Manh asked the World Bank (WB) to help the agency further improve the quality and effectiveness of its social and health insurance services during his meeting with WB Country Director for Vietnam Carolyn Turk in Hanoi on April 21.