The State Bank of Vietnam set the daily reference exchange rate at 23,149 VND per USD on December 28, down 3 VND from the last working day of previous week (December 25).
Vietnam needs to increase policies to promote the development of the domestic mechanical engineering industry and enable local manufacturers to compete with foreign competitors.
Banks are sprinting to transfer the listing of shares from Unlisted Public Company Market (UpCom) to official bourses before the Law on Securities takes effect from the beginning of 2021, which would require two-year listing on UpCom before a public company could go to official bourses.
Vietnam is working hard to build a stable and transparent investment and business environment, thus becoming a destination for international human and capital resources, so it would be unreasonable for the country to devaluate its currency, experts have said.
Houses with ancient tiled roofs, mossy walls with bougainvillea racemes and shimmering lanterns of Hoi An ancient town and the tranquility of My Son Sanctuary have a special appeal to both domestic and foreign tourists, when coming to the central province of Quang Nam - which is known as “One Destination-Two Heritage”.
The Ministry of Industry and Trade (MoIT) issued a decision to review the application of anti-dumping measures on some colour-coated steel products originating from China for the first time.
Wood export turnover this year is expected to reach a record high of nearly 12.5 billion USD despite impacts of the COVID-19 pandemic as well as risks from export markets and the country’s policy changes in controlling the legality of imported wood materials.
The US Treasury Department’s labelling of Vietnam as a currency manipulator is biased, as it is only based on US standards and lacks suitable consideration as well as recommendations from international organisations, according to experts.
The State Bank of Vietnam set the daily reference exchange rate at 23,149 VND per USD on December 21, up 11 VND from the last working day of previous week.
The Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank) has recently been honoured at four categories of the multinational financial services corporation Visa Inc.
Investing in apartments to capture short-term gains has not been attractive to investors due to high prices caused by limited supply, according to experts.
If Vietnam and China can further optimise their neighbourliness as well as the huge trade potential under the EU-Vietnam Free Trade Agreement (EVFTA), bilateral trade will reach a new height, an official said at an online business matching event on December 17.
Business
XIII National Congress of Communist Party of Vietnam
