Tag: foreign currency
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.
PM underscores carrying out synchronously tasks and solutions in final month
VOV.VN - Prime Minister Pham Minh Chinh urged all sectors and localities to drastically and synchronously implement tasks and solutions aimed at fulfilling all targets set for this year, while chairing a regular monthly cabinet meeting on December 1 in Hanoi.
Fitch Ratings affirms Vietnam at 'BB' with positive outlook
Credit ratings agency Fitch Ratings has affirmed Vietnam's long-term foreign-currency issuer default rating at 'BB' with a positive outlook.
Exchange rate falls as SBV withdraws cash through foreign currency selling channel
VOV.VN - The daily exchange rate for the US dollar against the local currency (VND) has dropped after the State Bank of Vietnam (SBV) moved to withdraw cash through open market operation (OMO) and foreign currency selling channels for the seventh consecutive session.
Central bank stands ready to pump more foreign currencies to market
The State Bank of Vietnam (SBV) will increase its interference in the foreign currency market and stay ready to pump money to the market more frequently, thus creating favourable conditions for credit institutions to meet the demand for legal foreign currencies of organisations and individuals.
Fitch affirms Vietnam at 'BB' with positive outlook
VOV.VN - Fitch Ratings has affirmed Vietnam's long-term foreign-currency issuer default rating (IDR), assessing it to be a 'BB' with a positive outlook.
Vietnam to have regulations on offshore loans
The State Bank of Vietnam (SBV) is collecting opinions from organisations and individuals on the Prime Minister's draft decision on offshore loans and guarantees for non-residents of economic organisations.
Remittances to HCM City total US$6.6 billion last year
Remittances to Ho Chi Minh City reached around US$6.6 billion in 2021, up 9% from the previous year, according to Nguyen Hoang Minh, head of the Vietnam Banks Association’s Office in HCM City.
Vietnam strives to maintain sustainable trade surplus
VOV.VN - Vietnam posted a trade surplus for the sixth consecutive year, a move that has significantly contributed to stabilising the macro-economy, curbing inflation, and helping the local economy to gain more foreign currency reserves, according to experts.
Local gold prices hit VND60 million/tael
VOV.VN - Domestic gold prices continued to soar on November 11, reaching a historic high of VND60 million per tael.
