Dollar uptrend maintains momentum in Vietnam
The Vietnamese currency has been falling against the U.S. dollar as the greenback is strengthening globally.
The reference forex on Wednesday morning was adjusted up VND15, the third consecutive increase, putting the rate at VND23,237. The U.S. dollar uptrend has continued from the end of last week.
The State Bank of Vietnam’s Transaction Office offered the rate at VND22,550 (buying) and VND23,400 (selling) on Wednesday.
Meanwhile, Vietcombank quoted at VND23,270 and VND23,550, respectively, an increase of VND5 compared to Tuesday.
Vietinbank listed the forex at VND23,280 and VND23,560, an increase of VND10 in both directions against Tuesday.
Eximbank made an increase of VND20 for buying and VND30 for selling, listing the greenback at VND23,320 and VND23,540, respectively.
On the free market, the exchange rate increased Wednesday. The common rate was VND24,070 (buying) and VND24,140 (selling), increasing by VND50 and VND20 against Tuesday, respectively.
Ho Chi Minh City’s office market has recorded robust leasing transactions across all sub-markets this third quarter, thus keeping healthy performance, property services firm Knight Frank said Monday.
Real Estate - Mon, September 26, 2022 | 4:53 pm GTM+7
Two solar power plants in Ba Ria-Vung Tau province have been fined VND160 million ($6,700) for operating without official appraisal and acceptance.
Energy - Mon, September 26, 2022 | 4:44 pm GTM+7
Transitioning to low-carbon rice production offers the highest potential for Vietnam to meet its goal of reducing methane emissions by 30% by 2030 while boosting the competitiveness of this significant export item, a new World Bank study says.
Economy - Mon, September 26, 2022 | 4:08 pm GTM+7
Corio Generation, an offshore wind energy branch of Australia’s Macquarie's Green Investment Group, wants to make larger inroads into Vietnam via cooperation with Petrovietnam.
Energy - Mon, September 26, 2022 | 3:04 pm GTM+7
Vietnam has the lowest “levelized” cost of solar energy in Southeast Asia, the International Renewable Energy Agency (IRENA) says in its latest major energy-transition publication.
Energy - Mon, September 26, 2022 | 9:58 am GTM+7
The government is considering turning three military airports in Ninh Thuan, Dong Nai and Hanoi into military-civil airports.
Infrastructure - Sun, September 25, 2022 | 8:42 pm GTM+7
Heineken Vietnam inaugurated an expanded brewery in Ba Ria-Vung Tau province Saturday, saying it was the the biggest in Southeast Asia and used 100% renewable energy.
Industries - Sun, September 25, 2022 | 8:12 pm GTM+7
Hoang Anh Gia Lai JSC (HAGL) has suspended registration documents for a private placement of shares worth VND1,700 billion ($71.7 million) that it had submitted to the State Securities Commission.
Companies - Sun, September 25, 2022 | 5:42 pm GTM+7
Vietnam Airlines, Bamboo Airways and Vietjet Air have been honored with titles in different categories by UK-based air transport rating organization Skytrax.
Travel - Sun, September 25, 2022 | 3:53 pm GTM+7
Northern and central provinces have been told to prepare for supertyphoon Noru, which is heading in a northwest direction with wind speeds of up to 183 km per hour.
Society - Sun, September 25, 2022 | 3:35 pm GTM+7
A police station has been set up at the Long Thanh International Airport construction site in Dong Nai province to ensure security and traffic safety.
Society - Sun, September 25, 2022 | 8:18 am GTM+7