March 10, 2023

Dong Nai to build three bridges to HCM City

The southern province of Dong Nai has approved a plan develop three bridges linking it with neighboring Ho Chi Minh City to ease traffic pressure on the existing bridges in the area and promote local and regional socio-economic growth.   One of the three bridges will connect HCM City’s Thu

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Reference exchange rate down 1 VND on March 10

The State Bank of Vietnam set the daily reference exchange rate at 23,639 VND/USD on March 10, down 1 VND from the previous day.   With the current trading band of +/- 5%, the ceiling rate applied to commercial banks during the day is 24,820 VND/USD and the floor rate

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China’s reopening good news for Vietnamese exporters

China’s reopening as COVID-19 restrictions have been lifted has strongly lifted Vietnamese agricultural and fishery exports to the country, according to Deputy Minister of Agriculture and Rural Development Tran Thanh Nam.   Speaking at a recent trade promotion forum, he opined that China’s dismantling of its COVID-19 lockdowns had given

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