With the current trading band of +/-3 percent, the ceiling rate applied to commercial banks during the day is 23,835 VND/USD and the floor rate, 22,447 VND/USD. … [Read more...] about Reference exchange rate up VND5 at week’s beginning
Burj bank car financing
Companies collect 17 billion USD via bond issuance in 2020
Hanoi (VNS/VNA) - As many as 277 businesses were involved in bond issuances in 2020, mobilising 403.5 trillion VND (17.4 billion USD), via some 2,200 issuance tranches, the Hanoi Stock Exchange has announced. In December 2020, there were 98 registrations for bond issuance with a total registered value of 75.35 trillion VND, 4.2 times higher than the previous month. Of them, there were 47 successful issuances from 35 enterprises, raising 34.7 trillion VND, accounting for 45.7 percent of the total registered value. The banking group was still the largest issuing group in the month, successfully issuing more than 19 trillion VND, accounting for 55.13 percent of the total value of issued bonds. Next was the real estate and construction with proportions of 5.88 percent and 4.38 percent, respectively. Other types of businesses accounted for a total of 28.35 percent of the value of bonds issued in December 2020./. … [Read more...] about Companies collect 17 billion USD via bond issuance in 2020
VN-Index inches down in week’s opening session
Foreign investors were net sellers to the tune of around VND620 billion on all three bourses, with the net selling focused mostly on HPG of steelmaker Hoa Phat Group (up 0.2 percent), SSI of SSI Securities Corporation and VHM of Vinhomes. … [Read more...] about VN-Index inches down in week’s opening session
Foxconn unit receives business license for $270 mln Vietnam plant
The Taiwanese electronics contract manufacturer has so far invested $1.5 billion in Vietnam and created jobs for more than 35,000 workers and the company, formally known as the Hon Hai Precision Industry Co., plans to raise its investment by $700 million and recruit 10,000 more local workers this year, the government said. … [Read more...] about Foxconn unit receives business license for $270 mln Vietnam plant
Da Nang students create robot that collects trash, answers tourist queries
When they took Biya to the final round of a competition for creative ideas for oceans without plastic, organized by UNESCO (the United Nations Educational, Scientific and Cultural Organization) last December, Storm only had a low-cost Biya version with the cover made of carton paper. … [Read more...] about Da Nang students create robot that collects trash, answers tourist queries
