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Reference exchange rate down 32 VND

The State Bank of Vietnam set the daily reference exchange rate for the US dollar at 23,057 VND/USD on May 31, down 32 VND from the previous day.With the current trading band of +/-3 percent, the ceiling rate applicable to commercial banks during the …

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Banks await higher credit growth quota

Commercial banks are expecting to have higher credit growth limits in Q2 2022 as they have already used up most of their assigned quota this year.Under the current regulations, the State Bank of Vietnam (SBV) sets credit growth limits for each commerc…

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New policies to take effect in June

A series of new government policies on e-portal passport applications, full automatic non-stop toll collections on the Hanoi-Hai Phong Expressway, reducing fees for chip-mounted ID, and abolishing foreign language and informatics certificates for medi…

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Vice President visits child cancer patients in Hanoi

Vice President Vo Thi Anh Xuan visited child patients at the Vietnam National Cancer Hospital in Hanoi’s Thanh Tri district on May 31, on the occasion of the International Children’s Day (June 1) and the action month for children 2022.During the visit…

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Vietnam attends 58th ASOSAI Governing Board Meeting

A Vietnamese delegation led by Deputy Auditor General Ha Thi My Dung attended the 58th meeting of the Governing Board of the Asian Organisation of Supreme Audit Institutions (ASOSAI), held virtually on May 31.Hosted by Pakistan, the meeting brought to…

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