VOV.VN - Vietnam will enjoy favourable conditions to fuel its economic recovery this year despite the global moderate growth forecast, said Paulo Medas, head of the International Monetary Fund (IMF) team to Vietnam.

The Vietnam Stock Exchange (VNX) reported revenue of over VND1.92 trillion (US$78.26 million) in 2023, down nearly 44% compared to the previous year.

Vietnam still has effective tools to proactively control the VND/USD exchange rate in 2024 even if the US Federal Reserve (Fed) has to maintain its interest rates at the current high level for an extended time due to the conflict in the Red Sea and other new uncertainties, experts said.

The Ho Chi Minh Stock Exchange (HoSE) began its first trading session following the Tet (Lunar New Year) festival with a gong-beating ceremony on February 19, the 10th day of the lunar year.

VOV.VN - A Vietnam-Japan festival took place in Higashi Hiroshima city of Japan’s Hiroshima Prefecture on February 18, featuring a myriad of exciting activities to celebrate Vietnam’s lunar New Year and diplomatic relations between the two countries (1973-2024).

The stock market inched higher on February 15 after a week closed due to Tet holiday, buoyed by gains in bank stocks.

Vietnam Airlines group for the fourth quarter of 2023 achieved improved indicators and recorded a profit from transportation activities, according to its financial report released on January 31.

The USD/VND exchange rate has seen notable developments in the first month of 2024 when it increased significantly in both official and free markets.

Despite a challenging global economic landscape, Vietnam continues to stand resilient as one of the top 10 recipients of overseas remittances worldwide, with an estimated US$14 billion last year, according to the World Bank’s Migration and Development Brief and the Global Knowledge Partnership on Migration and Development (KNOMAD).

The State Treasury has announced that it plans to raise VND400 trillion (over US$16.25 billion) worth of government bonds via auctions on the Hanoi Stock Exchange (HNX) this year.