The State Bank of Vietnam is facing multiple pressures in 2022 in managing the foreign exchange rate The State Bank of Vietnam is facing multiple pressures in 2022 in managing the foreign exchange rate, such as net withdrawal of hundreds of billions of dongs through the treasury bill channels, selling of foreign currency from reserves, […]
Read MoreUp to 85 per cent of enterprises in the processing-manufacturing and construction sectors expected better and stable business situation in the third quarter of this year, while only 15 per cent predicted that the situation may be tougher. According to a survey conducted by the General Statistics Office (GSO), for in the third quarter, 44.9 […]
Read MoreFrom Q1 2021 to Q1 2022, the number of online transactions in Vietnam increased twofold, and transaction value increased by three times. These are important factors that help develop the digital economy. Lai Viet Anh, deputy head of the E-commerce and Digital Economy Agency under MOIT, said that while many business fields faced difficulties because […]
Read MoreVietnam has surpassed the Republic of Korea to become the world’s sixth largest fibre and yarn exporter after shipping abroad 2.37 billion USD worth of these items in the first five months of 2022. The revenue increased 10% from a year earlier, according to the Vietnam Cotton and Spinning Association (VCOSA). Meanwhile, textiles and garments, fibre, […]
Read MoreTwo-way trade between Vietnam and Laos in the first half of 2022 increased by 20.6% year-on-year to 824 million USD, according to the Vietnam Trade Office in Laos. Vientiane (VNA) – Two-way trade between Vietnam and Laos in the first half of 2022 increased by 20.6% year-on-year to 824 million USD, according to the Vietnam Trade […]
Read MoreHuy Nguyen, vice chairman of the Vietnam Blockchain Association, said Vietnam has become an emerging market for blockchain thanks to its achievement in digital transformation and digital economy. With the boom in blockchain technology and speedy digital transformation, Việt Nam has great potential for blockchain development to compete in the global market, speakers said in […]
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