Thach dong ha tien

The dollar rose to a new peak against the dong this year, hitting VND24,550 this week, and has risen around 3% since the beginning of the year at Vietcombank. "Many are concerned about the gain of the dollar, but I do not think it will rise as strongly as last year," said Nguyen The Minh, director of analysis at Yuanta Securities. The dollar rose at some point by 8.5% against the dong last year to 24,900 before declining in the last month of the year. The surge came after the State Bank of Vietnam (SBV) widened the dong-dollar trading band from 3% to 5% a day and allowed the dong to depreciate as global central banks tightened their monetary policies. But the gain of the dollar this year, according to Minh, is different, as it has mostly been caused by the short-term rise of inflation in the U.S. The U.S. dollar index, which measures the strength of the greenback against major currencies, remained strong at over 105 points. Analysts from stock brokerage firm SSI … [Read more...] about Dollar’s gain against dong to be short-term: analysts

This is one of eight metro projects planned by Hanoi to improve the city's mass transit system by 2030. The State Appraisal Council has approved the plan for Hanoi's fifth metro line, connecting Van Cao Street and Hoa Lac High-Tech Park, with a total investment of over VND65 trillion (US$2.8 billion), according to the city's People's Committee. As one of eight metro lines Hanoi plans to build by 2030 to improve the city's public transportation system and ease traffic congestion, the fifth line will facilitate fast and convenient mobility between suburban and urban areas. A rendered image of Hanoi's fifth metro line project. Photo: The Hanoi People’s Committee With a total length of 38.43 kilometers, the line will run 6.5 kilometers underground and 2 kilometers on elevated tracks. The fifth metro line will pass through seven districts. After running underground through Van Cao, Lieu Giai and Nguyen Chi Thanh streets, it will surface at Thang Long … [Read more...] about Hanoi’s US$2.8 billion fifth metro line project approved

The HCMC People's Court's conviction statement said that Hang, the general director of the Dai Nam Joint Stock Company, had been the main planner of dozens of livestream sessions in which her speeches slandered others, thereby "abusing democratic freedoms to infringe upon the interests of the State, and the lawful rights and interests of organizations and/or citizens." Business mogul Nguyen Phuong Hang at her trial on September 21, 2023. Photo by VnExpress/Thanh Tung Her accomplice Dang Anh Quan was given a sentence of 2 years and 6 months in prison, while accomplices Nguyen Thi Mai Nhi, Huynh Cong Tan, and Le Thi Thu Ha were all sentenced to 1 year and 6 months in prison. Along with jail terms, the defendants were ordered to pay VND18 million ($742) to each relevant party, Dang Thi Han Ni and Dinh Thi Lan, as compensation. Prior to Hang's conviction, singer Dam Vinh Hung, singer Vy Oanh, singer Thuy Tien and her former footballer husband Le Cong Vinh had dismissed … [Read more...] about Tycoon gets three years for ‘abusing democratic freedoms’

The Department of Natural Resources and Environment of Dong Nai Province, southern Vietnam has written to four foreign-invested firms asking them to suspend cooperation agreements with 328 livestock farms as these farms have no certificates of completion of environmental protection works. Previously, the department, in collaboration with relevant agencies and local authorities, conducted inspections to assess the adherence to legal requirements for environmental protection by nearly 10,000 livestock farms and poultry facilities in the province. The four-month comprehensive review of documents and on-site inspections resulted in the discovery of 328 pig and chicken farming operations across 10 out of 11 districts and cities, excluding Bien Hoa City, holding livestock farming contracts with four foreign-invested enterprises without the necessary environmental permits. Those foreign-invested enterprises consists of C.P. Vietnam Joint Stock Company, Japfa Comfeed Vietnam Co. Ltd., … [Read more...] about Vietnamese province halts foreign firms’ partnerships with 328 farms over environmental issues

In early September, the U.S. Department of Commerce (DOC) lowered anti-dumping duties on frozen tra fish filets from Vietnam following its latest preliminary conclusion. The Federal Register, the daily journal of the U.S. government, published the preliminary results of the 19th anti-dumping duty administrative review (POR19) by DOC on Vietnam’s frozen tra fish filets exported to the U.S. in the August 1, 2021 - July 31, 2022 period. Accordingly, the U.S. authority determined that two Vietnamese companies, Vinh Hoan Corporation and Can Tho Import Export Seafood Joint Stock Company (Caseamex), which were selected for individual examination as mandatory respondents, will enjoy a tax rate of 0 USD per kilo and 0.14 USD per kilo, respectively. A rate of 0.14 USD per kilo will be applied to other companies including Cafatex Corporation, International Development and Investment Corporation, Loc Kim Chi Seafood Joint Stock Company, and Hung Vuong Corporation. The preliminary tax rate … [Read more...] about Good news for Vietnam’s tra fish exports to U.S.

Illustrative photo (Photo: VNA) Hanoi (VNA) – Vietnam’s tra fish exports to the US is expecting a better outlook in the remaining months of this year after getting some good news. In early September, the US Department of Commerce (DOC) lowered anti-dumping duties on frozen tra fish filets from Vietnam following its latest preliminary conclusion. The Federal Register, the daily journal of the US government, published the preliminary results of the 19th anti-dumping duty administrative review (POR19) by DOC on Vietnam’s frozen tra fish filets exported to the US in the August 1, 2021 - July 31, 2022 period. Accordingly, the US authority determined that two Vietnamese companies, Vinh Hoan Corporation and Can Tho Import Export Seafood Joint Stock Company (Caseamex), which were selected for individual examination as mandatory respondents, will enjoy a tax rate of 0 USD per kilo and 0.14 USD per kilo, respectively. A rate of 0.14 USD per kilo will be applied to other … [Read more...] about Good news for Vietnam’s tra fish exports to US

Pham Thi Minh Phi, who won the Miss Philanthropy title in the Miss Vietnam Business 2022 contest held in Da Nang, was arrested by Lam Dong police on Wednesday to be investigated for obtaining property by fraud. In October 2022, a man in Da Lat of Lam Dong called Phi, requesting her cooperation to raise capital together and do business. Phi, the general director of the Moc Hoa trade and service company, said she was negotiating to buy two land plots, spanning 1.7 ha in total, at VND22 billion. She said she had found a buyer, who was willing to buy the land plots at VND23.6 billion. This would mean profit of VND1.6 billion. Phi said she did not have the VND3 billion needed as a down payment to buy the land plots, so invited the man to raise the money with her. The man agreed to give Phi VND1.8 billion, without seeing the land plots first-hand or checking the legal information of the plots. On November 2, 2022, Phi signed a contract stating that she would borrow VND1.8 billion … [Read more...] about Beauty queen arrested in fake land sale scam

The 2023 Hanoi Fall Festival program will take place from September 29 to October 1 at Hoan Kiem Lake walking street and Hanoi Children's Palace. The first Hanoi Fall Festival with the theme "Hanoi - Come to fall in love" will be held at Hoan Kiem Walking Space and Hanoi Children's Palace from September 29 to October 1, aiming to promote travel to the capital in Autumn, the season when Hanoi is considered to be at its best. The information was announced by Deputy Director of Hanoi Promotion Agency (HPA) Nguyen Thi Mai Anh at a press conference in Hanoi on September 20. Foreign tourists visit Hanoi's Book Street. Photo: Hoai Nam/The Hanoi Times According to Anh, this is the first iteration of an event showcasing Hanoi's culture and cuisine on Capital Liberation Day (October 10). The festival will feature 150 booths from people's committees in 10 districts of Hoan Kiem, Me Linh, Quoc Oai, Ung Hoa, Ba Dinh, Nam Tu Liem, Cau Giay, Dong Anh, Ba Vi and Gia … [Read more...] about Hanoi Fall Festival 2023 captivates visitors with unique activities

The travel news site Reisereporter has just published an article that highlights some of the famous tourist destinations and landscapes in Vietnam, including Hanoi. In the article titled “Vietnam: You shouldn’t miss these sights”, www.reisereporter.de suggests tourists to visit some hidden "treasures" and undiscovered natural wonders in this wonderful country in the Southeast Asia region, in addition to popular tourist attractions. A Vietnamese girl in her charming ao dai (long dress) and non la (conical hat) walks through the Thang Long Imperial Citadel. Photo: Yeu Ha Noi According to Daniel Schramm, staff writer for www.reisereporter.de , Vietnam is a fascinating destination with a wide variety of sights and experiences. From historic cities like Hanoi and Hue to stunning natural landscapes like Halong Bay and Sapa to culinary adventures in street kitchens and markets, the country offers something for every taste. Vietnam's … [Read more...] about German press: Vietnam is a fascinating travel destination

Featured Bangkok, Hanoi, Jakarta (GMT+7) Oldest Latest Has news updated 90'+3 Game over Vietnam lost 0-4 to Iran and will have to play a crucial match against Saudi Arabia in the final game of group B. 90'+2 4-0 After consecutive corners from Iran, Aria Barzegar scored from a header to make it 4-0. 90' Keeper Van Chuan saved a great header from an Iran attacker. The game has three additional minutes. 87' Vietnam are still unable to break Iran's defense, as they are inferior in strength and pace. 80' Nguyen Dinh Bac tried his luck with a long-distance shot but caused no trouble for keeper Hosseini. 70' With a safe three-goal lead, Iran played slower but could still create dangerous chances. Meanwhile, Vietnam still struggled with their attacks. 69' Another substitution for Vietnam, with Nguyen … [Read more...] about Vietnam suffer 0-4 defeat against Iran in Asian Games football