The Hanoitimes – The SBV`s current reserve fund of nearly US$64 billion is expected to ease pressure on foreign currency supply in the market, according to a commercial bank`s representative.. Over the last week, the State Bank of Vietnam (SBV) has sold nearly US$2 billion to commercial banks in order to increase supply in the foreign […]
Read MoreKomgrit Varakamin reflects on the changes he HAS discovered in modern-day Vietnam What does Hanoi look like today compared with the city I first saw in 1985? My prompt answer to that question is that Hanoi is much more modern and developed now than when I first visited 33 years ago. In April, I returned […]
Read MoreThe Hanoitimes – The country is in process to ratify the trade deal, in line with current regulations, said the Ministry of Foreign Affairs The Vietnamese Ministry of Industry and Trade is completing the documents related to the Comprehensive and Progressive Trans-Pacific Partnership (CPTPP) and will submit them to the National Assembly for approval in late […]
Read MoreThe Hanoitimes – Go-Jek, through its local brand Go-Viet, on July 18 started a five-day test for two of its services, Go-Bike and Go-Send, in some districts of Ho Chi Minh City, local media reported. After the testing, Go-Viet is scheduled to launch officially on September 5 in Ho Chi Minh, Hanoi and other provinces/cities in […]
Read MoreThe Hanoitimes – Hong Kong-based Platinum Victory and F&N Dairy Investment – a group backed by Thai tycoon Charoen Sirivadhanabhakdi – are in a race to increase their respective holdings at Vietnam Diary Products Company, known as Vinamilk. Platinum Victory – a subsidiary of Hong Kong-based conglomerate Jardine Matheson – has registered to purchase 14.51 million […]
Read MoreThe Hanoitimes – China’s rising labor costs, the looming US trade war and Vietnam’s high growth are accelerating an already strong trend of foreign firms driving away from China to the Southeast Asian country. Man Wah Holdings, a furniture maker in Hong Kong, last month bought a Vietnam sofa manufacturing and export company for US$68 million, […]
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