Reference exchange rate drops strongly at week’s beginning
The State Bank of Vietnam set the daily reference exchange rate at 23,693 VND/USD on June 5, down 29 VND from the last working day of previous week (June 2).
Booking.com names Vietnam’s top 10 friendliest destinations
The world’s leading digital travel brand, Booking.com, has recently named the top 10 friendliest destinations in Vietnam.
Hurdles in purchasing vaccines for the Expanded Immunization Program: Lack of guides on prices and how to buy
(TBTCO) - Regarding funding for the Expanded Immunization Program, it is not because there is no source, but currently due to the lack of specific instructions from the Ministry of Health (MoH) on purchase methods, prices, types, etc. Therefore, localities are still cautious about buying vaccines. Since ...
Vietnam posts trade surplus of 9.8 billion USD
(TBTCO) - Vietnam has posted a trade surplus of 9.8 billion USD in the first five months of the year, with export revenue standing at over 136 billion USD and import revenue at more than 126 billion USD, according to the General Statistics Office.
Fiscal policy governed drastically, flexibly, and effectively during the pandemic
(TBTCO) - At the National Assembly on the afternoon of May 29, Minister of Finance Ho Duc Phoc stated that during the Covid-19 pandemic, the Government has managed fiscal policy fiercely, flexibly, and effectively.
Socio, economic development targets in 2023
The 15th National Assembly’s 4th session approved a Resolution on the socio-economic development plan in 2023, with GDP targeted at 6.5% and per capita GDP at 4,400 USD.
Stock, real estate markets to become more attractive thanks to low interest rates
Cash flow always looks to more attractive investment channels with higher returns, so when interest rates decrease, cash flow will shift from the savings channel to the stock and real estate markets, according to experts.
Vietnam emerges as a major motorcycle market and manufacturing hub
Vietnam's motorcycle market has been among some of the fastest-growing markets in the world in the last decades despite setbacks brought by the COVID-19 global pandemic, according to the Vietnam Association of Motorcycle Manufacturers (VAMM).
Nearly 6.94 billion USD raised through Gov't bond auctions in five months
The State Treasury raised 162,952 billion VND (nearly 6.94 billion USD) worth of Government bonds via auctions on the Hanoi Stock Exchange (HNX) in the first five months of 2023, up 188.4% year-on-year.
State budget collection reaches over 48% of estimate in five months
The total State budget revenue in the first five months of this year reached over 663.84 trillion VND (28.27 billion USD), equivalent to 48.3% of the ordinance estimate and 96.9% compared to the figure in the same period last year, reported the General Department of ...
Reference exchange rate down 7 VND on June 2
The State Bank of Vietnam set the daily reference exchange rate at 23,722 VND/USD on June 2, down 7 VND from the previous day.
Domestic retail gas prices fall in June
The retail gas prices in domestic market decreased on June 1 following the falling prices in world market.
Petrol prices increase in latest adjustment
The retail petrol prices rose in the latest adjustment on June 1 by the Ministry of Industry and Trade and the Ministry of Finance.
Corporate bonds worth 26,400 billion VND issued under Decree 08/2023/ND-CP
(TBTCO) - Since the issuance of Decree 08/2023/ND-CP on March 5, 2023, 15 businesses have issued 26.4 trillion VND in corporate bonds to the market. Almost no businesses could issue bonds to the market during the end of 2022 and the first two months of 2023.
HCM City’s economic growth projected at 5.87% in Q2
The gross regional domestic product (GRDP) of the southern economic hub of Ho Chi Minh City in the second quarter of this year is expected to expand by 5.87% year-on-year, according to Deputy Director of the municipal Statistical Office Tran Phuoc Tuong.