Category: Affairs

Posted in Affairs

Vietnam, Cambodia lift trade ties

Minister of Industry and Trade Nguyen Hong Dien held a working session with Cambodian Ambassador to Vietnam Chay Navuth in Hanoi on May 6 to discuss measures to strengthen bilateral ties across trade, industry and energy.Dien expressed his belief that…

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PV Power rated “Positive” by Fitch Ratings

Credit ratings agency Fitch Ratings has for the first time assigned the PetroVietnam Power Corporation (PV Power) a Long-Term Foreign-Currency Issuer Default Rating (IDR) of “BB” with a positive outlook.The rating is on par with that of Vietnam and ma…

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2021 Top Thai Brands expo kicks off in HCM City

The 2021 Top Thai Brands expo opened at the Sai Gon Exhibition and Convention Centre in Ho Chi Minh City on May 6.The annual event is among the largest trade expos showcasing Thai products in Vietnam.Director of the Thai Department of International Tr…

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Vinaconex reports outstanding profit in Q1

Vietnam Construction and Import-Export JSC (Vinaconex) posted higher profit after tax in the first quarter of 2021 despite losses in revenue.In its first quarter financial report, the company’s net revenue fell 4.8 percent over the same period last ye…

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Vietnam should continue support for vulnerable groups: IMF official

Vietnam will record positive economic growth in 2021, at around 6-7 percent, if the country continue support for vulnerable groups in the economy, as well as the freshly-rolled out vaccination campaign, said Jonathan Ostry, Deputy Director of the Asia…

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1.14 billion USD raised from G-bonds in April

The State Treasury raised more than 26.3 trillion VND (over 1.14 billion USD) worth of Government bonds (G-bonds) via 16 auctions on the Hanoi Stock Exchange (HNX) in April.The figure was 215 percent higher than March’s.Compared to the previous month,…

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Reference exchange rate continues upward trend

The State Bank of Vietnam set the daily reference exchange rate at 23,178 VND per USD on May 6, up 2 VND from the rate on the previous day.With the current trading band of +/-3 percent, the ceiling rate applied to commercial banks during the day is 23,…

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