Remittances to HCM City expected to pick up 9 percent Business

Remittances to HCM City expected to pick up 9 percent

Remittances to Ho Chi Minh City are expected to reach some 5.3 billion USD in 2019, a year-on-year surge of 9 percent, despite unfavourable global financial and monetary market, according to Deputy Director of the State Bank of Vietnam’s Ho Chi Minh City branch Nguyen Hoang Minh.
Singapore promotes “green finance” development World

Singapore promotes “green finance” development

Singapore will launch a green investment programme worth 2 billion USD, which aims to provide capital for “green” funds in the country, Education Minister Ong Ye Kung said at the Singapore FinTech Festival on November 11.
35th ASEAN Summit a success: Thai PM World

35th ASEAN Summit a success: Thai PM

The 35th ASEAN Summit and Related Summits, held in Thailand from November 2-4, had concluded successfully, said Thai Prime Minister Prayut Chan-o-cha at a press conference on November 4 evening.
Party’s economic official receives IMF guest Politics

Party’s economic official receives IMF guest

Head of the Party Central Committee (PCC)’s Economic Commission Nguyen Van Binh hosted a reception in Hanoi on November 4 for Era Dabla-Norris, head of the International Monetary Fund (IMF)’s Article IV Consultation of the Department of Asia-Pacific.
Indonesia hosts workshop on Asia’s economic-trade policies World

Indonesia hosts workshop on Asia’s economic-trade policies

Priorities in Asia’s trade and economic policies in 2020 were the focus of a workshop which was held late October in Jakarta, Indonesia, attracting the participation of Indonesian and foreign economists and scholars, besides Indonesian policy makers and foreign diplomats.
Forex rate forecast to remain stable till year-end Business

Forex rate forecast to remain stable till year-end

The Vietnamese dong was expected to remain broadly stable against the US dollar over the remainder of 2019 and to be slightly weaker on average over 2020, buoyed by robust foreign direct investment (FDI) inflows, dollar purchases by businesses, and a healthy foreign reserve position, experts forecast.