Losers outstripped winners by 395 to 78 on the southern bourse. Trade volume improved by 16% to 821.4 million shares while the value reached VND17.5 trillion, up 11% from the session earlier. There were over 39 million shares worth VND1.2 trillion traded in block deals. … [Read more...] about VN-Index loses 30 points as most stocks sink
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Progresses seen in Vietnam management of national foreign debts: workshop
Hanoi (VNA) – Vietnam has recorded significant achievements in managing national foreign debts over the past three decades, said an official at a workshop held in Hanoi on January 26. Vo Huu Hien, Vice General Director of the Ministry of Finance’s Department of Debt Management and External Finance, made the statement, adding that the effective management has transformed Vietnam from a poor and heavily indebted country into a one receiving international organisations’ recognition as having a controlled external debt level and being excluded from the group of countries with a debt burden. According to data from the ministry, the public sector’s proportion in the structure of the national external debt decreased from 73.6 percent in 2010 to 63.4 percent in 2015 and 43.7 percent in 2020. The Government’s foreign loans are mainly official development assistance and concessional loans. To date, Vietnam has signed more than 85 billion USD worth of these loans. … [Read more...] about Progresses seen in Vietnam management of national foreign debts: workshop
Vietnam, Ukraine beef up trade cooperation
The signing ceremony of the Memoranda of Understanding on stock exchange Statistics from the General Department of Vietnam Customs show bilateral trade last year hit 478.33 million USD, a year-on-year increase of 29.48 percent. Of the total, Vietnamese exports to Ukraine brought back USD 284.8 million, up 15.04 percent, while imports from Ukraine rose 58.81 percent to USD 193.5 million. … [Read more...] about Vietnam, Ukraine beef up trade cooperation