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Vietnam: Connectivity key to developing logistics in southern key economic region: experts

Removing bottlenecks in transport infrastructure, developing inland waterway ports and fostering regional connectivity hold the key to developing the logistics sector and facilitate foreign trade in the southern key economic region, experts have said. HCM CITY — Removing bottlenecks in transport infrastructure, developing inland waterway ports and fostering regional connectivity hold the key to developing […]

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Vietnam: Exports-imports via Lào Cai border gate thrive in Q1

The main export items include dragon fruit, banana, rambutan, watermelon, cassava, and mangosteen. LÀO CAI — Export-import activities via the Lào Cai border gate in the northern border province of Lào Cai thrived in the first quarter of this year and reached nearly US$186 million, reported the local customs agency. The value of exports reached $92.4 million, up 90.1 […]

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Vietnam: Garment exports slump in first quarter

Textile and garment export value in the first quarter of 2023 decreased 17 per cent on-year to US$7.1 billion due to the impact of global. HÀ NỘI — Textile and garment export value in the first quarter of 2023 reached US$7.1 billion, down 17 per cent compared to the same period in 2022, due to the […]

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Vietnam’s banking system shows signs of money surplus

Vietnam’s banking system is showing signs of returning to a period of money surplus. HANOI — Vietnam’s banking system is showing signs of returning to a period of money surplus as no bank needs the State Bank of Vietnam’s (SBV) capital in the open market operation (OMO) channel and overnight interbank interest rates have dropped sharply. Though the SBV […]

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Vietnam: Overnight interbank interest rate surges in week

The average overnight interbank interest rate surged on April 6 by 0.20-1.22 percentage points for all terms under one month to reach 4.47 per cent per year after declining significantly at the end of March, according to the latest data by the State Bank of Việt Nam (SBV). HCM CITY — The average overnight interbank interest rate surged […]

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