A Vietnamese perspective from inside North Korea – P5: The blue, red won

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Báo Tuổi Trẻ English 3 week(s) ago

Visitors are not allowed to use local currency, except in certain areas - another intrigue regarding the hermit country.

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EVN announces surprise profitability

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Báo Dân Trí English 3 week(s) ago

Despite reporting billions in losses in the first half of the year, the Vietnam Electricity Group (EVN) has just estimated a profit of VND2trn(USD89.54m) to VND3trn for 2016.

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Foreign exchange market: bumpy ride in next few months

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Báo Đầu Tư English 3 week(s) ago

The dong/dollar exchange rate unexpectedly fluctuated in late October with the official rate quoted on October 29 at VND22,045 per dollar, an increase of VND26 per dollar compared with one week before and VND96 with September.

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Cabinet issues resolution on October meeting

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Báo điện tử CP English 1 month(s) ago

VGP - Ensuring the stability of foreign exchange rates and liquidity in the banking system, and electricity and medical service costs topped the agenda of the Government’s October regular meeting resolution.

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Vietnam Electricity reports massive losses, debts in H1/2016

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Báo Tuổi Trẻ English 1 month(s) ago

Despite a revenue increase, Vietnam Electricity still suffered massive losses and incurred major debts in the first six months of this year, with the state-run power monopoly blaming changes in foreign exchange.

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VN will record 20% credit growth: SBV official

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Báo Đầu Tư English 2 month(s) ago

The Deputy Governor of the State Bank of Viet Nam (SBV), Nguyen Thi Hong, told members of the European Chamber of Commerce in Viet Nam (EuroCham) on Monday in Ha Noi that she is optimistic her institution will achieve its yearly goals.

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Vietnam’s foreign currency reserves at record high

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Báo Dân Trí English 2 month(s) ago

So far this year the State Bank of Vietnam has bought over 10 billion USD in foreign exchange, increasing the country’s reserves to a record high of more than 40 billion USD.

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Vietnam’s foreign currency reserves at record high

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SaiGon GP English 2 month(s) ago 1 related news

So far this year the State Bank of Vietnam has bought over 10 billion USD in foreign exchange, increasing the country’s reserves to a record high of more than 40 billion USD.

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VN foreign currency reserves at record high

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Báo Đầu Tư English 2 month(s) ago 1 related news

So far this year the State Bank of Viet Nam has bought over US$10 billion in foreign exchange, increasing the country's reserves to a record high of more than $40 billion.

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SBV to submit restructuring project to PM

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Báo Đầu Tư English 3 month(s) ago

SBV to submit restructuring project to PM

The State Bank of Viet Nam (SBV) expects to submit to Prime Minister Nguyen Xuan Phuc a project to restructure credit institutions between 2016 and 2020 in Q3 of 2016.

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Singaporean sovereign fund eyes Vietcombank

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Báo Đầu Tư English 4 month(s) ago

Singaporean sovereign fund eyes Vietcombank

On August 5 GIC Pte., Ltd. (GIC) from Singapore announced that it is in talks to acquire at least a 7 per cent stake in Bank for Foreign Trade of Vietnam (Vietcombank), according to newswire Reuters.com.

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Series of fresh policies take effect in August

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Báo điện tử CP English 4 month(s) ago 3 related news

Series of fresh policies take effect in August

VGP – A string of new policies on tougher fires on transport violations and amendment of labor export regulations shall take effect in August.

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Regulations on offshore indirect investment of securities institutions

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Báo điện tử CP English 5 month(s) ago

Regulations on offshore indirect investment of securities institutions

VGP – The Government has recently promulgated Decree 86/2016/ND-CP (Decree 86) on conditions for offshore indirect investment of securities business institutions.

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State Bank to intervene in gold price, if needed

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Báo Đầu Tư English 5 month(s) ago 1 related news

State Bank to intervene in gold price, if needed

The State Bank of Viet Nam will keep track of gold price fluctuation and intervene if necessary, said Nguyen Ngoc Canh, director of the bank's Foreign Exchange Management Department.

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Philippine central bank says prepared to smooth any volatility in FX market

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Báo Thanh Niên English 5 month(s) ago

Philippine central bank says prepared to smooth any volatility in FX market

The Philippine central bank said on Friday it was closely monitoring the foreign exchange market and remains prepared to act to ensure orderly transactions and smooth volatility.

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