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Tag: foreign currency

Remittance to HCM rise despite COVID-19 pandemic
Remittance to HCM rise despite COVID-19 pandemic

Oversea remittances to Ho Chi Minh City were worth US$3.2 billion in the first six months of this year, despite the COVID-19 pandemic roiling on many economies around the world.

Remittance to HCM rise despite COVID-19 pandemic

Remittance to HCM rise despite COVID-19 pandemic

Deposit interest rate proposed to gradually lower to 0%
Deposit interest rate proposed to gradually lower to 0%

The Vietnam Association of Financial Investors (VAFI) has proposed gradually lowering the VND deposit interest rate to zero percent.

Deposit interest rate proposed to gradually lower to 0%

Deposit interest rate proposed to gradually lower to 0%

Moody’s raises outlook for Vietnam to positive
Moody’s raises outlook for Vietnam to positive

VOV.VN - Moody’s Investors Service raised its outlook for Vietnam to positive from negative and affirmed the country’s long-term credit rating at Ba3, citing fiscal consolidation and an improving economy.

Moody’s raises outlook for Vietnam to positive

Moody’s raises outlook for Vietnam to positive

Officials highlight circular economy, macro-economic stability at Party Congress
Officials highlight circular economy, macro-economic stability at Party Congress

VOV.VN - Minister of Natural Resources and Environment Tran Hong Ha on January 27 emphasised the importance of a circular economy while Governor of the State Bank of Vietnam (SBV) Nguyen Thi Hong noted the need to stay persistent in the target of keeping inflation under control and maintaining macro-economic stability.

Officials highlight circular economy, macro-economic stability at Party Congress

Officials highlight circular economy, macro-economic stability at Party Congress

Faith abounds in growth prospects
Faith abounds in growth prospects

Despite a decline in state budget revenue, remittances, and foreign direct investment, Vietnam is expected to see positive growth with a surplus in current account this year thanks to a rise in export turnover and foreign currency reserves.

Faith abounds in growth prospects

Faith abounds in growth prospects

Increasing number of local businesses promote sales through e-commerce
Increasing number of local businesses promote sales through e-commerce

VOV.VN - For many domestic firms, in addition to searching for markets and customers through traditional channels, e-commerce is being increasingly viewed as a support channel that helps them to gain more opportunities to reach out to new buyers and reduce costs in transactions.

Increasing number of local businesses promote sales through e-commerce

Increasing number of local businesses promote sales through e-commerce

Moody upgrades Agribank’s long-term foreign-currency deposit rating
Moody upgrades Agribank’s long-term foreign-currency deposit rating

Credit rating agency Moody's recently announced its rating upgrade on Agribank's long-term foreign-currency deposit rating from B1 to Ba3.

Moody upgrades Agribank’s long-term foreign-currency deposit rating

Moody upgrades Agribank’s long-term foreign-currency deposit rating

Moody’s raises BIDV’s foreign-currency deposit rating
Moody’s raises BIDV’s foreign-currency deposit rating

The Bank for Investment and Development of Viet Nam (BIDV)'s foreign-currency deposit rating has been raised from B1 to Ba3 by Moody’s.

Moody’s raises BIDV’s foreign-currency deposit rating

Moody’s raises BIDV’s foreign-currency deposit rating

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Giấy phép báo Điện tử VOV số 564/GP-BTTTT của Bộ Thông tin & Truyền thông cấp ngày 13/12/2016