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There are many reasons behind the stabilization of the exchange rate, said a representative of a HCMC major commercial bank, adding that among them is the fact that the hoarding of U.S. dollars has been subdued as other investment options such as gold and securities have become more attractive and the 2020 inflation rate was predicted to stay at just 3.5-3.8%. … [Read more...] about VIETNAM’S BUSINESS NEWS HEADLINES SEPTEMBER 8

The representative of the MOIT’s Import-Export Department said Viet Nam has advantages in production and export of agricultural, forestry and aquatic products, while the EU has a large demand for these items that have accounted for 8.4 per cent of total annual import value. This shows great potential in export growth from Viet Nam to the EU. … [Read more...] about VIETNAM’S BUSINESS NEWS HEADLINES SEPTEMBER 9

Furthermore, Adani's renewable energy projects exceeded the total installed capacity of the US solar industry in 2019, whilst they will help reduce over 1.4 billion tonnes of CO2 emissions during the course of the average individual’s lifetime. Indeed, Adani is one of the most integrated solar power manufacturing enterprises globally, with operations in photovoltaic modules and cells manufacturing, along with project development, construction, financial structures, and ownership of assets based on a strong internal asset management foundation. … [Read more...] about VIETNAM’S BUSINESS NEWS HEADLINES SEPTEMBER 10

The material can be applied as highly-activated mineral additives in the production of cement, concrete, and mortar, or as a binder to reinforce weak ground. With S95, it is possible to mass produce concrete by reducing hydrothermal heat, producing heat resistant concrete due to increased thermal stability, with durability in seawater, salt water, and brackish water, due to the increased waterproofing of the concrete, preventing the erosion of chlorine and sulphate and meeting the requirement to increase the life of works at sea, on islands, and in coastal areas. … [Read more...] about VIETNAM’S BUSINESS NEWS HEADLINES SEPTEMBER 11

By 2015, NFIS set targets to have at least 80 per cent of adults having bank accounts or accounts with other authorised organisations, at least 20 branches and transaction offices of commercial banks per 100,000 adults, at least 50 per cent of the total number of communes that have financial service points, at least 25 per cent to 30 per cent of adults depositing at savings credit institutions. … [Read more...] about VIETNAM’S BUSINESS NEWS HEADLINES SEPTEMBER 12