15 billion usd to inr

According to Professor Pietro Masina , University of Naples “L’Orientale” and Editor-in-Chief of the European Journal of East Asian Studies, the establishment of diplomatic relations between Italy and Vietnam provides a destination, not just a starting point, for the relationship. Since the two countries upgraded the relationship to a strategic partnership in 2013, cooperation has grown in all aspects. In particular, exchanges between friendship associations and sub-associations of the two countries are bricks providing a solid foundation. Two-way trade turnover reached only 1.4 billion USD in 2013 and then 6.2 billion USD in 2022. Vietnam is currently Italy’s largest trading partner in ASEAN, while Italy is Vietnam’s fourth-largest EU partner. In addition to outstanding economic and political achievements, cooperation in the fields of culture, education, science and technology, tourism, and people-to-people exchanges continue to develop, contributing to boosting … [Read more...] about Solid foundation for Vietnam-Italy relations

Vinhomes Ocean Park 2 in Hung Yen province. Hung Yen Urban Investment and Development Co issued two lots of bonds worth total 7.2 trillion VND on March 16 with collateral of property rights arising from business cooperation contracts at Vinhomes Ocean Park 3 project. (Photo courtesy of Vinhomes) Hanoi (VNS/VNA) - The corporate bond market is showing signs of recovery after a prolonged period of inactivity with a notable increase in both the number of issuers and value of issuance. Data on the Hanoi Stock Exchange showed as of March 24, eight companies issued bonds worth more than 23.8 trillion VND (over 1 billion USD), of which real estate firms dominated the market with total issued value of 19 trillion VND, accounting for 80% of total value. This number was a significant increase compared to the value of 500 billion VND in February and 110 billion VND in January. On March 16, two realty firms – Hung Yen Urban Investment and Development Co Ltd and Southern Star Urban … [Read more...] about Corporate bond issuance surges in March after prolonged inactivity

Accordingly, Syngenta will finance the institute’s research on the best purebred rice varieties from now till 2025. The two sides will also cooperate in the fields of plant protection, covering the research, testing and evaluation of pesticides. To satisfy requirements in the transformation of the rice sector, the institute has adjusted its research strategy, its Director Tran Ngoc Thach said, adding that apart from productivity, resilience to insects and quality, attention has been paid to issues regarding fertilizers, greenhouse gas emissions and tolerance to the environment during the research of rice varieties. Vietnam exported 7.13 million tons of rice for 3.4 billion USD last year, up 13.8% in volume and 5.1% in value year on year, making it among the top three rice exporters globally, according to the Ministry of Industry and Trade. This year, Vietnam’s rice export is estimated at about 6.5-7 million tons thanks to higher demand for Vietnam’s quality rice. Source: VNA … [Read more...] about Research institute, agri-business cooperate in developing purebred rice varieties

Vietnamese Prime Minister Nguyen Xuan Phuc will attend the second Belt and Road Forum for International Cooperation in Beijing, China from April 25 to 27. The trip will be made at the invitation of Chinese President Xi Jinping, Vietnam’s Ministry of Foreign Affairs said in a press release on Monday. The Vietnamese premier will attend the forum’s opening on April 26 before joining President Xi and his spouse in a dinner on the evening of the same day. On April 27, PM Phuc is scheduled to speak at a roundtable summit attended by leaders of 36 other nations and China. The Vietnamese head of government is also expected to hold bilateral talks with top Chinese leaders during his China trip. China has invested over US$80 billion in projects related to the Belt and Road Initiative (BRI) since it was first proposed by President Xi in 2013, according to the National Development and Reform Commission of China. By April 15, 2019, 126 nations and 29 international organizations had … [Read more...] about Vietnamese PM to attend second Belt and Road Forum in Beijing