The southern province of Dong Nai has approved three routes worth about 19.6 trillion VND (858 million USD) linking localities with Long Thanh International Airport. The three projects include a project to upgrade road DT 769 with a length of nearly 31 kilometres and an estimated investment of 1.6
Hanoi is carrying out a series of stimulus and promotion programmes so as to recover the purchasing power of the domestic market on the occasion of the upcoming lunar New Year holiday. Acting Director of the municipal Department of Industry and Trade Tran Thi Phuong Lan said that the
The State Bank of Vietnam (SBV) and the State Treasury of Vietnam have injected hundreds of trillions of VND into the market through foreign currency purchases from commercial banks. The move is aimed at maintaining good liquidity for commercial banks, helping them lend at low interest rates to support
With a vibrant economic climate, Vietnam remains a strong candidate for investment from the Association of Southeast Asian Nations (ASEAN) and beyond, according to the Vietnam Briefing newswire. FTAs and RCEP The newswire said Vietnam’s free trade agreements (FTAs) are another pull factor that investors can bank on.
Automaker VinFast on January 4 announced it will receive pre-orders for its electric SUV models VF e35 and VF e36 in Vietnam and the US during the VinFast Global EV Day within the framework of the technology exhibition CES 2022 in Las Vegas, the US. Accordingly, pre-orders for the
Vietnam’s 2021 coffee export revenue is estimated at over 3 billion USD despite the COVID-19 pandemic, according to an industry official Nguyen Nam Hai, vice president of the Vietnam Coffee and Cocoa Association (Vicofa), said the country remains the second largest exporter of the drink in the world,
The State Bank of Vietnam set the daily reference exchange rate at 23,134 VND/USD on January 4, down 11 VND from the rate on the last day before the New Year holiday (December 31). With the current trading band of +/-3 percent, the ceiling rate applicable to commercial
