The State Bank of Vietnam set the daily reference exchange rate at 23,216 VND per USD on July 14, down 4 VND from the previous day.
With the bad debts dragging BIDV down, forcing the bank to recently put the debts of Nam Son Trading Development and Construction JSC (Nam Son) on sale.
Ready to welcome a fresh wave of investment from restructuring global supply chains, Deep C industrial zones in Haiphong and Quang Ninh offer thousands of hectares of clean land with good infrastructure to welcome foreign investors. Deep C Industrial Zones’ general sales and marketing director Koen Soenens talked with VIR’s Nguyen Huong about the developer’s strategy for the future.
The State Bank of Vietnam set the daily reference exchange rate at 23,220 VND per USD on July 13, up 4 VND from the last working day of the previous week (July 10).
ACLEDA Bank Plc, Cambodia’s largest locally-owned commercial bank, has signed a $130 million long-term facility agreement with Chinese state-owned China Development Bank Corp (CDB), the world’s largest development bank by assets, it said in a press release on Friday.
The General Department of Taxation (GDT) collected $1.68407 billion in tax revenue in the first half of this year, up $181.68 million or 12 per cent compared to the same period last year, it said in a press release.
Local and foreign insurers are expanding their foothold in the lucrative insurance market and bringing about a range of changes, from new high-profile names joining the competition to management reshuffles.
Fiscal and monetary tools and policies will be governed in a more proactive and flexible manner from now to year’s end in order to maintain macro-economic stability and boost growth, according to the National Advisory Council on Financial and Monetary Policies.
The General Department of Taxation must hasten reforms to create a favourable environment for enterprises to recover their business from the ravages of the COVID-19 pandemic, which was critical to increase tax revenue, Deputy Minister Tran Xuan Ha has said.
The Ministry of Public Security has warned about the risk of black credit provided by online lending applications which could threaten social security.