Vietnam post international rates

Over the past 35 years of development, the Vietnam Bank for Agriculture and Rural Development, better known as Agribank, always proves its position and role as a leading commercial bank in Vietnam. It has pioneered monetary policies, contributing to stabilizing the macro-economy, curbing inflation and supporting the country’s economic growth. The bank has cemented its key role in developing the agriculture sector and rural areas and offering credit and services to serve the country’s socio-economic development. Agribank was proud to receive the Vietnam National Brand award for the third consecutive year in 2022 and was among the top 10 Vietnamese strong banking and financial brands the same year. The lender has obtained impressive achievements in digital and green transformation and made substantial contributions to community development. Despite the negative impact of the COVID-19 pandemic, Agribank, with its initiative and flexibility, has employed multiple … [Read more...] about Vietnam’s Agribank wins many local prestigious prizes

The Federal Reserve on Wednesday raised interest rates by a quarter of a percentage point, but indicated it was on the verge of pausing further increases in borrowing costs after the recent collapse of two U.S. banks. Fed Chair Jerome Powell sought to reassure investors about the soundness of the banking system, saying that the management of Silicon Valley Bank "failed badly," but that the bank's collapse did not indicate wider weaknesses in the banking system. "These are not weaknesses that are running broadly through the banking system," he said, adding that the takeover of Credit Suisse seemed to have been a positive outcome. The Federal Open Market Committee policy statement also said the U.S. banking system is "sound and resilient." Even so, Wall Street ended sharply lower after Powell told a news conference that officials were still intent on fighting inflation while also eying the extent to which recent bank failures had cooled demand and slowed lending. The … [Read more...] about U.S. Fed delivers small rate hike amid global banking turmoil

A Vietnamese woman has been extradited from Indonesia by Interpol for an investigation into a fraud case dating back to 2015, local police said on Wednesday. Nguyen Thi Anh Nga, a 36-year-old from Dong Thap Province in Vietnam’s Mekong Delta region, has been wanted internationally since 2015 after fraudulently appropriating over VND3 billion (US$127,591) from various individuals. Nga then fled Vietnam to work in Singapore, Malaysia, Indonesia, and Cambodia. Police in Indonesia arrested Nga on March 7. After discussing with their Indonesian counterparts, Interpol Vietnam brought Nga to Tan Son Nhat International Airport in Ho Chi Minh City and handed her over to Dong Thap police officers for an investigation into the case. Like us on Facebook or follow us on Twitter to get the latest news about Vietnam! A Vietnamese woman has been extradited from Indonesia by Interpol for an investigation into a fraud case dating back to 2015, local police said on Wednesday. … [Read more...] about Vietnamese women extradited after 8-year evasion of international wanted notice

The number of Cambodian travelers entering Vietnam is on the high rise, with the primary purpose of these visits quickly shifting from medical tourism to vacation tourism. Vietnam currently welcomes over one million Cambodian tourists each year – a figure which has surged since the end of the COVID-19 pandemic. Still, many local travel firms claim the number of Vietnamese companies offering tourism geared toward Cambodian tourists remains limited. Extended stays According to Pham Ngoc Ha, deputy general director of Saco Travel Company, her firm has been facilitating travel for scores of weekend travelers from the Cambodian provinces which border Tay Ninh Province in southern Vietnam. Popular tourism attractions for these visitors were local pagodas and Ba Den Mountain in Tay Ninh. Prior to the COVID-19 pandemic, many of these tours lasted just one day. Now more and more Cambodian tourists are opting for four-day, three-night tours to Ho Chi Minh City and other major … [Read more...] about Vietnam a major destination for Cambodian tourists

Martin Koerner, chairman of EuroCham Vietnam's Tourism and Hospitality Sector Committee, told at a tourism conference Wednesday that Vietnam's visa policy remains complicated and restrictive compared to regional neighbors such as Thailand and Singapore. Thailand already extended its tourist visas to a maximum stay of 45 days for over 50 countries while Vietnam currently exempts only citizens of 25 countries from requiring visas with maximum stays of 15 days. EuroCham has proposed the government expand visa exemptions for more countries, including all European countries, the United States, Australia and New Zealand and prolong the duration of visa-free stays to 30 days. "However, we have seen slow progress in achieving this," Koerner said. "The country needs to implement a tourism development strategy quickly to compete with its regional competitors." Nuno F. Ribeiro, a Portuguese lecturer in hospitality and tourism at RMIT University, also proposed Vietnam waive visas for more … [Read more...] about Foreign experts urge Vietnam to relax visa policies, improve tourism services

Vietnam GameVerse hosts a chain of events for the gaming community including exhibitions, seminars, cosplay competitions, and game awards. Phu Tho Indoor Sport Stadium is home to many domestic and international eSport tournaments. Vietnam GameVerse is co-organized by the Department of Radio, Television and Electronic Information, under the Ministry of Information and Communications, VnExpress and the Vietnam Game Union. Le Quang Tu Do, Director of the Department of Radio, Television and Electronic Information at the Ministry of Information and Communications, speaks at the launch event. Photo by VnExpress/Giang Huy The event will start with Game Expo, an area for displaying game products and services. Game Expo will be open from 8:30 a.m. to 5:30 p.m. throughout the two days of the event. More than 20 partner booths will showcase at Game Expo, along with a series of sideline activities and hundreds of gifts for visitors. From 9:30 a.m. on April 1, the Game Forum … [Read more...] about Vietnam game festival to take place in April

Four flight attendants of national flag carrier Vietnam Airlines who were taken into custody last week for transporting 11.4 kilograms of ecstasy and meth from France to Vietnam were released on Wednesday afternoon. According to Ho Chi Minh City investigators, there is no ground to file criminal charges against them. However, the case is still under investigation. Police said the flight attendants -- Vo Tu Quynh, Tran Thi Thu Ngan, Nguyen Thanh Thuy, and Dang Phuong Van -- did not know that they were carrying drugs. Last Thursday, customs officials at Tan Son Nhat International Airport in Ho Chi Minh City detected 8.4 kilograms of grey tablets and 3.080 kilograms of white powder, which are ecstasy and methamphetamine, in the four flight attendants’ carry-on luggage. The drugs were found in toothpaste tubes. Lieutenant General To An Xo, spokesperson of the Ministry of Public Security, told Tuoi Tre (Youth) newspaper that based on investigation results, relevant agencies … [Read more...] about 4 Vietnam Airlines flight attendants released after being caught transporting drugs

Deputy Prime Minister Tran Hong Ha (Photo: VNA) Hanoi (VNA) - Vietnamese Deputy Prime Minister Tran Hong Ha has highlighted the need to establish a social ethical standard in relations and behaviours regarding water resources, especially transboundary water, in accordance with the principles of fairness, equality, rationality, and respect for the rights and interests of other countries in river basins. He made the call when addressing the opening session of the UN 2023 Water Conference in New York on March 22. Sharing concerns about the fact that nearly one-third of the world's population are living in countries with water stress or scarcity, the Deputy PM stressed that the water agenda should be given a prominent position in sustainable development, alongside climate change, socio-economic development and environmental development. He said a global science-based legal framework is needed to orient and coordinate the sustainable exploitation, use, and restoration of … [Read more...] about Vietnam stresses importance of ethical standards in handling water resources

Vietnam has always considered the people as the driving force of the country's development process and is committed to improving the lives and ensuring the rights of all its citizens, leaving no one behind. During a press conference today [March 23], a journalist raised questions about the 2022 U.S. Human Rights Watch report, which accuses several Asian countries, including Vietnam, of grave and systematic human rights violations. Deputy Spokesperson of the Ministry of Foreign Affairs Pham Thu Hang. Source: MoFA Foreign Ministry spokesperson Pham Thu Hang shared Vietnam's perspective on the issue, saying that protecting and promoting human rights is a consistent policy of Vietnam. "Vietnam has always considered the people as the driving force of the country's development process and is committed to improving the lives and ensuring the rights of all citizens, leaving no one behind," Hang said. Hang added that basic human rights were enshrined in Vietnam's … [Read more...] about US human rights report gives one-sided evaluations of Vietnam: MOFA

The Vietnam News Agency (VNA) and the National Associated Press Agency of Italy (ANSA) sign a professional cooperation agreement at an online ceremony held in Hanoi on February 20. (Photo: VNA) Hanoi (VNA) - Italian Ambassador to Vietnam Antonio Alessandro cited Italian President Sergio Mattarella's words as saying that the relationship between the two countries “strongly rooted in history” while granting an interview to the Vietnam News Agency (VNA) on the occasion of the 50th founding anniversary of bilateral diplomatic ties (March 23, 1973 - 2023). The following is the full text of the interview. Reporter: How do you evaluate the relations between Vietnam and Italy since the establishment of the bilateral diplomatic ties 50 years ago, especially since the upgrading of the relationship to a strategic partnership in January 2013? Ambassador Antonio Alessandro : I would use the words of the President of the Italian Republic Sergio Mattarella, who has just released a … [Read more...] about Italy – Vietnam relationship “strongly rooted in history”: Ambassador