Tag: exchange
Inventories recover, coffee prices drop sharply
After reaching all-time high of over VND130,000 (US$5.1) per kg, domestic coffee prices have dropped sharply in recent days.
SBV takes more actions to stabilise foreign exchange rates
The State Bank of Vietnam (SBV) on April 23 took some moves like issuing treasury bills (T-bills), further employing T-bills as an open market operation (OMO), and stipulating liquidity and interest rates in the inter-bank market in the face of surging USD/VND exchange rates.
Central bank begins currency intervention to address market volatility
VOV.VN - The State Bank of Vietnam (SBV) has begun selling US dollars to intervene in the currency market for banks that have a negative foreign currency balance and those that want to buy, said Pham Chi Quang, an official of the central bank, at a press briefing held on April 19.
ASEAN Graphic Arts Competition and Exhibition 2024 to promote friendship
The Department of Fine Arts, Photography and Exhibition under the Ministry of Culture, Sports and Tourism will collaborate with relevant agencies to organise the ASEAN Graphic Arts Competition and Exhibition 2024.
Vietnam, China strengthen border ties during friendship exchange
A number of activities were held as part of the eighth Vietnam – China border defence friendship exchange in China’s Yunnan province on April 12.
“I Love Sushi” exhibition to come to Hanoi
VOV.VN - The Japan Foundation Center for Cultural Exchange in Vietnam is set to present a new exhibition with the theme of “I Love Sushi” from April 12 to May 5 in Hanoi, with the ultimate aim of promoting Japanese history and culture to both locals and tourists.
HoSE capitalisation in March rises by 3.1% year-on-year
The stock market capitalisation on the Ho Chi Minh Stock Exchange (HoSE) reached over VND5.22 quadrillion (US$208.5 million) in March of this year, marking a 3.1% increase from February and a substantial 23.1% increase from the end of 2023.
Central bank keeps exchange rate in check as currency market heats up
VOV.VN - A senior official of the State Bank of Vietnam said the bank has closely monitored and kept the VND/USD exchange rate in check amid a recent significant increase in the rate.
French frigate Vendémiaire pays goodwill visit to Vietnam
VOV.VN - Frigate Vendémiaire of the French Navy will pay a goodwill visit to Da Nang, central Vietnam, from April 11 to 15, according to the French Embassy in Hanoi.
Gold price increases 8% in Q1
The price of SJC gold bars rose to nearly VND81 million (US$3,266) per tael (one tael is equivalent to 1.33 ounces) in the last trading session of the first quarter (March 30), up 8% from the outset of the quarter.
