Foreign historical exchange rates

Hue noted that economic cooperation and trade between Vietnam and Greece have seen positive progress, especially since the E.U. - Vietnam Free Trade Agreement (EVFTA) took effect. He proposed that the two countries continue to promote collaboration in areas of Greece’s strength and Vietnam’s demand such as maritime economy, shipbuilding, seaport, and tourism, while working together to reach a double taxation avoidance agreement and another on maritime transportation to create favourable conditions for economic exchange and trade. The N.A. leader thanked the Greek parliament for ratifying the EVFTA, suggesting that it hasten the act on the E.U. - Vietnam Investment Protection Agreement (EVIPA) as well as the removal of the “yellow card” on Vietnamese fisheries sector. The two sides should work closely together to optimise advantages from the two deals, protecting the legitimate interest of businesses of both countries during their investment and business activities in each other’s … [Read more...] about N.A. leader meets Greek President in Hanoi

Though the benchmark VN-Index has lost nearly 19 percent this year, the bank said it was confident about the long-term prospects of the market as companies have been "on a roll" in terms of growth and profits in recent years. The average earnings per share of listed companies had grown by 35 percent last year, and while trading had dipped in the last few months, the Vietnamese market had surpassed Singapore and Indonesia to become the second largest in Southeast Asia behind only Thailand. Local retail investors accounted for around 87 percent of trading. Though foreigners had been mostly withdrawing from the market for nearly three years, they "have started to dip their toes into this market again" in the past few weeks. This was because only seven of the 30 biggest stocks on the main bourse, the Ho Chi Minh Stock Exchange, had reached their foreign ownership limit. Overall the VN-Index had a foreign ownership limit of 44 percent, and current foreign holdings were at less … [Read more...] about HSBC optimistic about Vietnam stock market despite plunge

The agreement was reached during the meeting between Defense Minister General Phan Van Giang and his Cambodian counterpart General Tea Banh at the headquarters of the Vietnamese Ministry of National Defense (MND) on May 23. At the reception for General Tea Banh, who is also Cambodian Deputy Prime Minister, the Vietnamese defense chief expressed his delight at the success of the first Vietnam - Cambodia border defense friendship exchange, confirming that it importantly contributed to promoting the solidarity and friendship between the two countries. General Giang congratulated Cambodia on hosting the 32nd Southeast Asian Games (SEA Games 32) next year, and the Cambodian Ministry of National Defense on the successful organization of the freshly-concluded ASEAN Defense Senior Officials’ Meeting (ADSOM) and ADSOM Plus. Stressing that the Vietnamese MND will continue to closely cooperate and support the Cambodian counterpart in assuming the role of ASEAN Chair in 2022, General Giang … [Read more...] about Vietnam, Cambodia to strengthen defense cooperation