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Wednesday,  01/22/2020
Reference exchange rate up 7 VND
Reference exchange rate up 7 VND
Hanoi (VNA) - The State Bank of Vietnam set the daily reference exchange rate at 23,174 VND/USD on January 7, up 7 VND from the previous day. Illustrative image (Photo: VNA) With the current trading band of +/-3 percent, the ceiling rate applied to commercial banks during the day is 23,869 VND/USD and the floor rate 22,479 VND/USD....
Conference discusses implementation of major socio-economic tasks in 2020
Conference discusses implementation of major socio-economic tasks in 2020
(LSO) - The Lang Son People’s Committee on January 6 held a teleconference with district- and commune-level authorities on the implementation of major tasks and solutions to fulfil socio-economic development plans and budget estimate in 2020. Present at the event were Chairman of the Lang Son People’s Committee Pham Ngoc Thuong, who is also Deputy Secretary of the provincial...
Spring trade fair 2020 underway in Lang Son
Spring trade fair 2020 underway in Lang Son
(LSO) - The Spring Trade Fair – Lang Son 2020 opened at the Trade Fair Centre in Lang Son city, the northern mountainous province of Lang Son on January 5. The event is jointly organized by the Centre for Industrial and Trade Promotion of Lang Son, the provincial Department of Industry and Trade, and the HZC International Fair and...
Lang Son reviews customs sector’s performance in 2019
Lang Son reviews customs sector’s performance in 2019
(LSO) – The Customs Department of Lang Son province held a meeting on January 3 to review its performance in 2019 and launch tasks for 2020. The event was attended by Pham Ngoc Thuong, Vice Secretary of the provincial Party Committee and Chairman of the provincial People’s Committee; Nguyen Cong Truong, Vice Chairman of the provincial People’s Committee and...
Motorcycle makers running out of gas in face of increased competition
Motorcycle makers running out of gas in face of increased competition
Hanoi (VNS/VNA) - The Vietnam Association of Motorcycle Manufacturers (VAMM) reported gloomy figures for the last months of 2019, a time when the industry typically expects a boom in sales revenue. A Honda shop in Hanoi (Photo: VNA) Instead, VAMM members, comprising Honda, Yamaha, Suzuki, Piaggio and SYM, sold just over 227,000 units in October and 230,000 units in...
Global news, pre-Tet sentiment key to Vietnam stocks
Global news, pre-Tet sentiment key to Vietnam stocks
Hanoi (VNS/VNA) - US-Iran tensions and pre-Tet sentiment will be two key factors impacting the Vietnamese stock market in the coming week (January 6-10). The local stock market is forecast to move marginally between 950 points and 970 points. (Illustrative image. Source: VNA) The local stock market is forecast to move marginally between 950 points and 970 points. The...
Central bank aims to keep inflation below 4 percent again
Central bank aims to keep inflation below 4 percent again
Hanoi (VNA) – The State Bank of Vietnam (SBV) aims to again curb the inflation below 4 percent and sustain the monetary market this year, SBV Governor Le Minh Hung told a teleconference of the banking sector in Hanoi on January 2. Illustrative image (Photo: VNA) The event was held in the presence of Prime Minister Nguyen Xuan...
Forestry sector aims for 10 pct growth in export in 2020
Forestry sector aims for 10 pct growth in export in 2020
Hanoi (VNA) – The forestry sector will strive to earn 12.5 billion USD from exports in 2020, up 10 percent year-on-year, said Deputy Director General of the Vietnam Administration of Forestry (VNFOREST) Pham Van Dien. Illustrative image (Photo: VNA) During a conference in Hanoi on January 2 to review 2019 performance and launch 2020 tasks, Dien said the...
Red carpet rolled out for investors in Lang Son
Red carpet rolled out for investors in Lang Son
(LSO) – With memoranda of understanding on 102 projects signed and approval for investments worth over 105 trillion VND (4.53 billion USD) granted, 2019 could be affirmed as the most fruitful year of investment promotion in Lang Son province so far. The highlight of the year was the investment promotion conference with the participation of over 400 enterprises and...
MoF proposes fines for invoice violations
MoF proposes fines for invoice violations
Hanoi (VNS/VNA) - The Ministry of Finance (MoF) has proposed fines of between 20 million VND (862 USD) and 50 million (2,155 USD) for the act of printing fraudulent invoices. The Ministry of Finance is collecting comments for the draft decree on administrative violations relating to tax and invoices. (Photo: MoF) The fines would apply for printing fake invoices...
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