The daily reference exchange rate is set at 23,617 VND/USD on March 22. (Photo: VNA) Hanoi (VNA) – The State Bank of Vietnam set the daily reference exchange rate at 23,617 VND/USD on March 22, unchanged from the previous day. With the current trading band of +/- 5%, the ceiling rate applied to commercial banks during the day is 24,797 VND/USD and the floor rate 22,436 VND/USD. The opening hour rates at commercial banks continued to increase. At 8:30am, Vietcombank listed the buying rate at 23,390 VND/USD, and the selling rate at 23,760 VND/USD, both up 10 VND from the end of March 21. BIDV kept both rates unchanged at 23,440 VND/USD (buying) and 23,740 VND/USD (selling)./. VNA … [Read more...] about Reference exchange rate kept unchanged on March 22
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Vietnam continues to push for stronger ties with US: PM
Vietnam considers the US as one of its most important partners and welcomes the US to support a strong, independent, and prosperous Vietnam. Vietnam aims to enhance the Comprehensive Partnership with the US, focusing on mutually beneficial outcomes that generate employment opportunities and growth for both nations. Overview of the meeting. Photos: Nhat Bac “Such an effort would contribute to supporting global and regional stability, cooperation, and development while promoting peace and harmony.” Prime Minister Pham Minh Chinh stressed the remarks during a meeting with a delegation of the US-ASEAN Business Council (USABC) today [March 22]. At the meeting, Chinh welcomed a delegation of over 50 large US enterprises to visit and work in Vietnam, coinciding with the 10th anniversary of the Vietnam-US Comprehensive Partnership (2013-2023). The Prime Minister expressed gratitude to the US Government and businesses for their support in providing vaccines and … [Read more...] about Vietnam continues to push for stronger ties with US: PM
Minister hopes U.S. becomes biggest investor in Vietnam
He made the remark at a meeting with a business delegation of the U.S. - ASEAN Business Council (USABC) in Hanoi on March 21. Highlighting the two countries’ comprehensive and fruitful relations, Minister Dung said the U.S. is currently the second largest trading partner and one of the leading export markets of Vietnam. It is also an important ODA provider and the 11th biggest among the 142 countries and territories investing in the Southeast Asian nation. Vietnam highly values the fruitful investment and business activities of U.S. investors and hopes they will maintain their trust and expand investment, trade, and development cooperation in the country, he noted. The official was of the view that there is huge cooperation potential in the fields of green growth, digital economy, science - technology development, and innovation, adding that Vietnam encourages and prioritizes quality and focus-driven foreign direct investment. The country is also implementing policies to help … [Read more...] about Minister hopes U.S. becomes biggest investor in Vietnam
JICA supports the upgrade of Vietnam’s equity market
This was one of the events to celebrate the 50th anniversary of the establishment of Vietnam-Japan diplomatic relations and 30th anniversary of Japan’s Official Development Assistance (ODA) to Vietnam. Nearly 150 participants from related ministries and agencies, as well as Vietnamese and Japanese companies attended the seminar. In the event, after the presentation by the State Securities Commission (SSC) and discussions on the said strategy, JICA’s consultant team - Japanese experts from Daiwa Institute of Research, and other institutions including Japan Exchange Group and Nomura Research Institute - provided reviews of the Project and policy recommendations for the new development strategy of Vietnam’s securities market. Notably, the seminar welcomed a keynote speech from the Commissioner of Japan Financial Services Agency (JFSA) about “Japan's efforts to develop the securities market,” which could lay many lessons learnt for Vietnamese stakeholders. This Technical Cooperation … [Read more...] about JICA supports the upgrade of Vietnam’s equity market
Vietnam to host 17th World Congress on Engineering Asset Management
Hanoi (VNA) - The 17th World Congress on Engineering Asset Management will take place in Ho Chi Minh City, from 18-20 October 2023. Themed “ Industry 4.0 , Digital Transformation , Society 5.0 and beyond”, the event is hosted and organised by the International Society of Engineering Asset Management (ISEAM), RMIT Vietnam and the Asset Institute. The World Congress on Engineering Asset Management (WCEAM) will bring together academic, policy and industry expertise from diverse economies, geographies, public and private industry sectors to proffer discourse on how to exploit 4IR technologies to sustainably manage engineered assets in a manner consistent with Society 5.0 ideals. The activities, annual meetings, and events of WCEAM provide opportunities for educators, policymakers, practitioners, researchers, and trainers to engage in intellectual discourse on the development and advancement of the body of knowledge and practice of managing engineered assets. It is … [Read more...] about Vietnam to host 17th World Congress on Engineering Asset Management