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Tag: exchange rates

Cashew nut export sees positive growth over five-month period
Cashew nut export sees positive growth over five-month period

VOV.VN - Vietnam exported 219,000 tonnes of cashew nuts worth US$1.28 billion during the first five months of the year, increasing by 8.0% in volume and 5.5% in value compared to the same period last year, according to the General Department of Vietnam Customs.

Cashew nut export sees positive growth over five-month period

Cashew nut export sees positive growth over five-month period

Vietnam’s currency stable despite global uncertainties
Vietnam’s currency stable despite global uncertainties

Though the global financial market has seen uncertainties this year, Vietnam's currency and foreign exchange markets have remained stable.

Vietnam’s currency stable despite global uncertainties

Vietnam’s currency stable despite global uncertainties

Further interest rate cut may be soon: central bank deputy governor
Further interest rate cut may be soon: central bank deputy governor

The central bank likely will further cut interest rates in a near future, according to deputy governor of the State Bank of Vietnam (SBV) Dao Minh Tu.

Further interest rate cut may be soon: central bank deputy governor

Further interest rate cut may be soon: central bank deputy governor

Credit Suisse escapes ‘Lehman moment’, Vietnam unaffected
Credit Suisse escapes ‘Lehman moment’, Vietnam unaffected

Vietnam’s economy is well supported by its policy, but headwinds in the world’s financial market, with risks from the European and American financial systems, have caused concern.

Credit Suisse escapes ‘Lehman moment’, Vietnam unaffected

Credit Suisse escapes ‘Lehman moment’, Vietnam unaffected

Banks suffer big losses from securities trading in 2022
Banks suffer big losses from securities trading in 2022

Many banks reported negative results in securities trading and investment in 2022 due to the interest rate hike, the exchange rate uncertainty, the sharp decline of stock indices and the ‘freezing’ of the corporate bond market, cafef.vn reported.

Banks suffer big losses from securities trading in 2022

Banks suffer big losses from securities trading in 2022

Vietnamese exports face array of challenges ahead in 2023
Vietnamese exports face array of challenges ahead in 2023

VOV.VN - Vietnamese exporters are required to swiftly grasp information in order to adjust production activities in line with market conditions amid global high inflation, along with rising domestic exchange rates and interest rates, according to insiders.

Vietnamese exports face array of challenges ahead in 2023

Vietnamese exports face array of challenges ahead in 2023

Remittances help spur HCM City’s economic growth
Remittances help spur HCM City’s economic growth

VOV.VN - Ho Chi Minh City received approximately US$6.8 billion in remittances last year, marking only a slight decrease compared to 2021 and accounting for 48% of foreign currency deposits at its credit institutions.

Remittances help spur HCM City’s economic growth

Remittances help spur HCM City’s economic growth

Investors make decisions on different investment channels
Investors make decisions on different investment channels

Entering 2023, investors are choosing investment channels that bring in high profitability amid the current financial market where there are many unprecedented risks.

Investors make decisions on different investment channels

Investors make decisions on different investment channels

Inflationary pressure manageable for Vietnam in 2023: experts
Inflationary pressure manageable for Vietnam in 2023: experts

The inflationary pressure on Vietnam in 2023 may not be high, said experts at a conference in Hanoi on January 4.

Inflationary pressure manageable for Vietnam in 2023: experts

Inflationary pressure manageable for Vietnam in 2023: experts

Vietnam earns international plaudits for its anti-inflation efforts
Vietnam earns international plaudits for its anti-inflation efforts

VOV.VN - Inflation is currently being well controlled in Vietnam thanks to an active and flexible monetary policy, coupled with self-control in the supply of basic necessities in the country, according to foreign experts.

Vietnam earns international plaudits for its anti-inflation efforts

Vietnam earns international plaudits for its anti-inflation efforts

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