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Hanoi (VNA) - The State Bank of Vietnam set the daily reference exchange rate at 23,261 VND per USD on May 29, down 10 VND from the previous day. With the current trading band of  +/-3 percent, the ceiling rate applied to commercial banks during the day is 23,959 VND/USD and the floor rate 22,563 VND/USD. The opening hour rates at commercial banks all saw decreases. At 8:25 am, Vietcombank listed the buying rate at 23,180 VND/USD and the selling rate at 23,390 VND/USD, both down 20 VND from May 28. At BIDV, both rates were adjusted down 25 VND to 23,205 VND/USD (buying), and 23,385 VND/USD (selling).  Techcombank also adjusted both rates down 20 VND to 23,190 VND/USD (buying), and 23,390 VND/USD (selling). During the week from May 25 to 29, the daily reference exchange rate fluctuated variably and ended the week up 1 VND from Monday. The rates at commercial banks also fluctuated, mostly ending the week lower than at the week’s beginning./. … [Read more...] about Reference exchange rate down 10 VND on May 29

Between September and October last year the newspaper published seven stories in print or online criticizing the company for harming the environment. The stories featured Sun Group's projects at the Ba Na-Nui Chua nature reserve in the central city of Da Nang and Tam Dao national park in the northern province of Vinh Phuc. … [Read more...] about HCMC newspaper pays steep price for criticizing property developer

Aside from Tu, other members including Nguyen Ngoc Trung, Nguyen Trong Tuan, Tran Huu Hung, Nguyen Van Toan, and Khuat Vinh Quang, also played important roles in the illicit organization, police found. … [Read more...] about Hanoi police break up largest online gambling ring to date

Vice Foreign Ministry Spokesman Doan Khac Viet Based on agreements reached by both sides, including the 2011 Memorandum of Understanding for Advancing Bilateral Defense Cooperation, the 2015 Joint Vision Statement on Defense Relations and the Plan of Action for Defense Cooperation for 2018 – 2020, the two countries are promoting bilateral defense ties, including in maritime security and improvement of legal enforcement capacity at sea, contributing to maintaining peace, stability, cooperation and development in the region and the world, he said. … [Read more...] about Vietnam – U.S. comprehensive partnership growing: Foreign Ministry

With regard to the export commodity market, the United States remained as Vietnam’s largest export market during the five-month period, with turnover enjoying an annual surge of 8.2% to US$24.6 billion, followed by China with US$16.3 billion, representing an increase of 20.1%. … [Read more...] about Nation racks up US$1.9 billion trade surplus over five-month period