Foreign portfolio investors will return, drawn by lower interest rates in the U.S., and attractive valuations, investment fund VinaCapital said. Foreign investors have net sold VND66 trillion (US$2.6 billion) so far this year, as the high U.S. interest rates meant foreigners took their money out of frontier markets to deposit in banks there for risk-free […]

• Share:

The U.S. dollar slipped against the Vietnamese dong Friday morning while falling globally from the two-month highs it had reached the previous day.   U.S. dollar and Vietnamese dong banknotes seen at a bank in Ho Chi Minh City. Photo by VnExpress/Anh Tu  Vietcombank sold the dollar at VND25,020, down 0.04% from Thursday. The greenback […]

• Share:

The U.S. dollar strengthened against the Vietnamese dong and major peers on Wednesday morning.   An employee counts U.S. banknotes at a bank in Ho Chi Minh City. Photo by VnExpress/Thanh Tung The dollar is sold by Vietcombank at VND24,820, a 0.2% increase from Tuesday. It has risen against the dong by 1.64% since the […]

• Share:

There is an urgent need to increase power sources by 10-12% annually to meet current and future demands and achieve net-zero emissions by 2050.   Illustrative Photo The Government has called for a consolidated legal framework to increase power generation capacity, particularly through offshore wind power projects, the Government News reported. In an announcement released […]

• Share:

During a meeting with Prime Minister Pham Minh Chinh, Meta announced its plan to expand investment cooperation in Vietnam, including expanding production of virtual reality devices – Quest 3S in the country.   Prime Minister Pham Minh Chinh (right) worked with Mr. Nick Clegg (left), President of Global Affairs at Meta. Source: VGP Prime Minister […]

• Share:

The target mentioned during talks between General Secretary of the Communist Party of Vietnam Central Committee and State President To Lam and President of Ireland Michael Higgins.   General Secretary of the Communist Party of Vietnam Central Committee and State President To Lam and President of Ireland Michael Higgins hold talks in Dublin on October […]

• Share:

The government is striving to register an economic growth rate of 7% for the whole year, higher than the National Assembly (NA)’s target of 6-6.5%.   An employee seen at Tan Vu Port in Hai Phong City, northern Vietnam. Photo by VnExpress/Giang Huy According to the latest update from the Ministry of Planning and Investment, […]

• Share:

The southern province remaining one among top three localities in FDI attraction.   PM Pham Minh Chinh at the working session with provincial authorities on September 26. Photo: VGP Prime Minister Phạm Minh Chinh has instructed authorities of southern Binh Duong province to strive to make more breakthroughs in all fields, strengthening its status as […]

• Share:

The projected 1,541-km high-speed railway will be a double -track line, with a designed speed of about 350 km per hour.   In its latest feasibility report of the North-South high-speed railway, the Ministry of Transport (MoT) proposed the construction of a 1,541 km long, double-track high-speed railway line, with a designed speed of 350 […]

• Share:

The investment intention was announced during a meeting between the Vietnamese top leader and the Group’s leader in New York on September 25.   Party General Secretary and President To Lam (R) meets Mr. Tim Hughes, in New York on September 25. (Photo: VNA) SpaceX, U.S.-based provider of spacecraft, satellite launch services, and satellite communications, […]

• Share: