SBV buys nearly US$4.9 billion in Jan-Apr
HCMC – The State Bank of Vietnam, or SBV, bought nearly US$4.9 billion in the first four months of this year, thus shoring up the country’s foreign exchange reserves, according to the Ministry of Plan...
Ha Tien-Nam Du ferry service to be launched tomorrow
HCMC – Superdong, a local waterway transportation service provider, will inaugurate a new ferry service connecting Ha Tien City and Nam Du Island off Kien Giang Province in the Mekong Delta tomorrow, ...
Binh Minh Plastics JSC to pay 53% cash dividend
HCMC – Binh Minh Plastic Joint Stock Company, which trades its BMP shares on HOSE, has announced a decision to pay the remaining dividend in cash at 53%, equivalent to VND5,300 per share. Binh Minh Pl...
Vietnam to look into Tiktok’s operations
HCMC – The Ministry of Information and Communications will conduct a two-week comprehensive inspection of TikTok’s activities in Vietnam from May 15, it was announced at the ministry’s regular press c...
Vietnam posts trade surplus of 6.35 billion USD in four months
According to the General Statistics Office (GSO), in April alone, the import-export turnover stood at over 53.5 billion USD. As many as 20 items joined the more than one-billion-USD club, making up n...
Vietnamese cultural heritages introduced to UNESCO community
The event drew more than 100 ambassadors and representatives from countries to UNESCO. Within the event’s framework, an exhibition was held to introduce UNESCO-recognized cultural heritages. The part...
Vietnamese top int’l tourists in card spending in RoK
Data released by BC Card on May 3 showed that Vietnamese tourists’ per-capita authorised card transactions stood at 197,000 Korean wons (about 147 USD) each in 2022, 89% more than what they spent in t...
Realty market slump leaves speculators stranded
Over the past eight months Tan has had to mortgage his house and car and borrow money from relatives to repay bank loans.
Central bank buys $4.9B to pump up foreign exchange reserves
The State Bank of Vietnam (SBV) has bought US$4.9 billion from commercial banks in the first four months to increase the national foreign exchange reserves.
Government resubmits second property tax proposal to lawmakers
The government has again proposed a policy to tax owners on second properties in a draft law submitted to the National Assembly.