News
State Bank of Vietnam assures no further dong/dollar exchange rate changes
The State Bank of Vietnam (SBV) will not make any further adjustment to the Vietnam Dong/US Dollar exchange rate this year, SBV Deputy Governor Nguyen Thi Hong said in a press release issued late on 24 August. Keep reading ...
$107 million approved for second Vietnam-Laos border gate
Following a decision signed by Vietnam’s PM Nguyen Tan Dung on 24 August, with the investment, the area will get a terminal zone for cargo transits, a concrete border gate, a housing system for customs and logistics services and roads, as well as water and ...
Vietnam, Laos step up corruption fight
Vietnam’s Party General Secretary Nguyen Phu Trong has asked the Commission for Inspection of the Communist Party of Vietnam Central Committee and the Lao People’s Revolutionary Party Central Committee to closely co-ordinate and regularly share experience in inspections and anti-corruption work. Keep reading ...
Consumer confidence posts larger fall in August
The ANZ-Roy Morgan Vietnam Consumer Confidence index slid 4.9 points to 133.7 points in August, 1.8 points lower than a year ago. The decline was caused by reduced confidence across all components of the survey. In terms of personal finances, just one third of respondents (31 ...
Vietnam pushes ahead with business climate improvement
Improving the business environment is vital to increase competitiveness for enterprises, especially in the light of international integration, heard a workshop in the Mekong Delta city of Can Tho on 25 August. Keep reading ...
Vietnamese firms ignore rural potential: media
Despite being seen as the decisive factor in achieving sustainable rural development, Vietnam’s business sector still remained largely an untapped power, local newspaper Vietnam News on 26 August quoted officials and experts as saying. Keep reading ...
China oil rig to keep drilling in waters disputed with Vietnam
A Chinese oil rig at the center of last year’s standoff between China and Vietnam will continue drilling not far from Vietnam’s coast, China’s maritime safety authorities said on 25 August. The deployment of the $1 billion deepwater rig last year about 120 nautical miles off ...
Teaching Vietnamese in Laos, students foster national friendship
A group of students from central Vietnam have joined hands to teach Vietnamese in the neighboring country of Laos and helped cement the friendship between the two nations. The course in Laos’ Xiangkhouang Province is part of the summer volunteer activities of an international volunteer team ...
Chinese steel may flood Vietnam market
After the strong depreciation of the Chinese yuan, steel industry insiders have warned local steel producers that Chinese steel products could flood the Vietnamese market, causing difficulties for them. Vice-Chairman of the Vietnam Steel Association Nguyen Van Sua said although in recent years, the local steel ...
Vietnam's garment firms look to Europe
Enterprises from Hanoi hope to find more business opportunities in the textile, garment and footwear industries in Eastern European countries in the future. At a seminar on encouraging trade between Hanoi and the Czech Republic held in Prague on 20 August, Le Hong Thang, director of ...
