Experts gathered in Hanoi on August 4 to discuss how to deal with the continuing high prices of commodities in Vietnam despite petrol prices being reduced. Experts gathered in Hanoi on August 4 to discuss how to deal with the continuing high prices of commodities in Vietnam despite petrol prices being reduced. At a seminar held by the Government Portal, representatives […]
Read MoreWith the internal strength of the currency and the central bank’s flexible management, the VND is expected to depreciate by a maximum of 3% in 2022. The Vietnamese Dong (VND) has devalued by 2.21% against the US dollar compared to late 2021, but remained the most stable currency in the region, according to the Bao […]
Read MoreHanoi remains at the top of the list of cities with the highest living expenses, followed by Quang Ninh, HCM City, Da Nang and Hai Phong. Cost of living also rose in Bac Kan and Khanh Hoa. The Spatial Cost of Living Index (SCOLI) in the General Statistics Office’s (GSO) 2021 statistical yearbook released on […]
Read MoreKasikornbank (KBank) is pressing ahead with plans to become a regional digital bank, with an expansion drive in Vietnam. Aiming to invest more than 2.7 billion baht to fortify its service network within AEC+3 (Asean plus Japan, China, and South Korea), KBank has announced its commitment to broaden its presence in the Vietnamese market in […]
Read MoreVietnam’s rice remains favorite in the international market despite fierce competition. Vietnam exported nearly 4.2 million tons of rice during the first seven months of 2022, representing an increase of over 20% year-on-year, according to the Ministry of Agricultural and Rural Development (MARD). “Despite fierce competition, Vietnamese rice products continue to be among the favorites […]
Read MoreThe Government’s outstanding debt by the end of 2022 is estimated to decrease by about VND57 trillion, down 2 percent compared to the outstanding balance at the end of 2021. That is the statement made by the Ministry of Finance (MoF) on the morning of August 3 when it comes to how the appreciation of […]
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