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A man monitors stock prices. Many stocks plunged into the red today, January 26 – PHOTO: VNA HCMC – The Hochiminh Stock Exchange continued the downtrend with the benchmark VN-Index dipping by some 30 points, or 2.57%, at 1,136.12 today, January 26, as numerous stocks plunged into the red. … [Read more...] about VN-Index loses 30 points as most stocks sink

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

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

Besides this, local fuel traders were allowed to tap the fund at VND1,350 for each liter of E5 bio-fuel sold, VND400 for each liter of RON95-III gasoline and kerosene, VND250 for each kilogram of heavy fuel oil and VND300 for each liter of diesel oil 0.05S. … [Read more...] about Fuel prices rise for fifth time in a row

Prague (VNA) - Media reports in the Czech Republic have highlighted Vietnam’s rising position and recent development achievements, as well as the flourishing development of the traditional friendship between the two countries, on the occasion of the ongoing 13th National Congress of the Communist Party of Vietnam (CPV). The online newspaper halonoviny.cz ran an article on January 25 emphasising that the Congress is one of the most important political events in 2021 for Vietnam, attracting interest internationally. Under the leadership of the CPV, in recent years Vietnam, as a member of ASEAN, has had an rising role and position in the region as well as in the world, the article said. In 2020, despite the COVID-19 pandemic, it was internationally praised for its pandemic prevention and economic recovery efforts. The article also mentioned the key tasks relating to Vietnam’s domestic and foreign policies and orientations to be set at the Congress. Notably, it … [Read more...] about Czech media spotlights Vietnam’s rising position, achievements