Measures implemented by the State Bank of Vietnam (SBV) to fight off the dollarisation of the economy, highlighted by the zero per cent interest rate for deposits made in US dollar, have produced positive effects in stabilising the exchange market, increasing foreign reserves, remittance flows and foreign investments, said economists and exchange market experts.

Total assets of the Vietnamese credit institution system by the end of June 2024 reached more than VND21.07 quadrillion, an increase of 4.97% compared to the end of 2023, the State Bank of Vietnam (SBV)’s latest data show.

Vietnamese workers have earned high praise from Republic of Korea (ROK) employers under the Employment Permit System (EPS), according to officials.

The Vietnam Pepper and Spice Association (VPSA) forecasts that Vietnam's pepper exports this year will reach over US$1 billion, returning pepper to the group of billion-dollar commodities.

The livestock industry needs to ensure pork supply increases by 10-15% for the Tet Holiday to avoid price fluctuations.

The Civil Aviation Authority of Vietnam has asked domestic carriers to increase flights to meet the travel demand for the upcoming National Day of September 2.

The revenue gap between the leading multi-industry e-commerce platforms in Vietnam is increasing.

Vietnam ranks third globally in the number of cryptocurrency holders, data from the Crypto Crunch App indicates that 26 million people in the country own cryptocurrencies, five times the number with stock trading accounts.

A first-of-its-kind accelerator programme for energy efficiency has been kicked off in Vietnam.

The Ministry of Industry and Trade has urged Vietnamese firms to regularly update and strictly comply with food safety regulations when exporting to Singapore.