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The company has also directly poured some US$600-700 million in the country per year through its purchase of locally produced coffee. In addition, it has conducted projects to provide coffee cultivation techniques to more than 230,000 coffee growers in the Central Highlands provinces. … [Read more...] about Nestlé Vietnam honoured for outstanding contributions to State budget

During a meeting with ASEAN member states and Asia-Pacific nations on January 19 in New York, Wignaraja suggested several areas in need of cooperation in the near future such as COVID-19 vaccine distribution, renewable energy and investment in human development. She asked participants to offer ideas on fields that the UNDP needs to prioritise in the Asia-Pacific in the coming time.  Speaking at the event, Minister Counsellor and Deputy Permanent Representative of Vietnam to the UN Nguyen Phuong Tra highlighted Vietnam’s initial achievements in fighting the pandemic and promoting economic growth as well as challenges faced by the country, including vaccine distribution.  She proposed enhancing cooperation to ensure harmony in the building of the UNDP’s development strategy for the 2021-2025 period and regional countries’ national socio-economic development policies.  UNDP needs to help regional nations improve institutions, human resources and … [Read more...] about UNDP pledges to assist Asia-Pacific in addressing COVID-19 impact

Hanoi (VNA) - The State Bank of Vietnam set the daily reference exchange rate at 23,148 VND per USD on January 20, down 4 VND from the previous day. With the current trading band of  +/-3 percent, the ceiling rate applied to commercial banks during the day is 23,842 VND/USD and the floor rate, 22,454 VND/USD. The opening hour rates at some commercial banks saw slight fluctuations. At 8:25 am, Vietcombank listed the buying rate at 23,950 VND/USD and the selling rate at 23,160 VND/USD, both unchanged from January 19.  BIDV added 10 VND to both rates, listing the buying rate at 22,970 VND/USD and the selling rate at 23,170 VND/USD.  Meanwhile, Vietinbank raised both rates by 2 VND to 22,925 VND/USD (buying) and 23,168 VND/USD (selling)./. … [Read more...] about Reference exchange rate down 4 VND on January 20

New investors had flocked to the stock market in the past months to ride the VN-Index’s impressive recovery as Covid-19 dampened the charm of other investment channels such as savings and real estate. According to the Vietnam Securities Depository, last December, over 60,000 new accounts were opened at securities companies. … [Read more...] about Panic selling sends VN-Index to biggest losing session in six months

Tram Pagoda is also known for a historical event during the war against the French. On December 19, 1946, the national resistance war broke out. Only one day after December 20, 1946 here, Radio Voice of Vietnam issued President Ho Chi Minh's call for national resistance. … [Read more...] about The beauty of Tram Pagoda