Financial information

The dollar index (DXY) has recently dived to the lowest level since 2018. The United States and consuming countries have continued money printing to save their economies. Many forex analysts think that the DXY increase, if any, would occur only during the handover of the White House to Joe Biden. In the context of economic support amidst Covid-19, strong money supply is inevitable. The DXY, currently at 90 points, is likely to fall to 85 and even below 80 points rather than to increase to over 95 points. Once the dollar loses its value, it is the opportunity for coffee traders to bid up. … [Read more...] about Coffee trade prospect 2021

Hanoi (VNA) – The 13th National Party Congress, to open next week, is a milestone in the development of the Party and the nation, according to a high-ranking Party official. In an interview granted to the Vietnam News Agency, Vo Van Thuong, Politburo member, permanent member of the Party Central Committee’s Secretariat and head of the Committee’s Information and Education Commission, said the congress will set forth a vision to mid-21st century, aiming to turn Vietnam into a socialist-oriented developed country. Accordingly, Vietnam is set to become a developing nation with modernity-oriented industry and surpass the low-middle-income level by 2025; a developing nation, with modern industry and high middle income by 2030; and a developed nation with high income by 2045, the official elaborated. The congress will review the implementation of the resolution adopted at the 12th National Party Congress and other documents such as the platform of national … [Read more...] about 13th National Party Congress – milestone of Party, nation

In an interview recently granted to the Vietnam News Agency's reporter in Buenos Aires, Poldi Sosa said throughout its revolutionary history, the CPV has always played a vanguard role and gathered people from walks of life under its fighting flag to make Việt Nam an independent and sovereign nation. Following national reunification later, the CPV continued affirming its leadership role and mapped out development orientations, riding Vietnam through challenges to gradually prosper economically. In recent years, Việt Nam’s position and voice have been increasingly respected on the international arena. … [Read more...] about Argentine expert attributes Việt Nam’s successes to Party’s sound leadership

The province attracted 4.8 million visitors in 2019, up 11 percent over 2018, and provincial authorities announced plans to open more pedestrian zones to the north and south of the Huong River, develop public transportation means and install environmentally-friendly toilets, apart from trash bins to prevent littering. … [Read more...] about South Korea backs Hue smart city plans with $13 mln

According to Vietnamese Consul General in Battambang Le Tuan Khanh, at the conference held at the end of 2020 to collect opinions of Vietnamese citizens in Battambang, Siem Reap, Oddar Meanchey, Banteay Meanchey, Pursat and Pailin provinces on draft documents to be submitted to the 13th National Party Congress, they expressed their delight at the country’s achievements across various sectors after 35 years of Doi Moi (Renewal), with high economic growth, well-developed infrastructure, improved living conditions of people, and the country’s increasing position and role on the international arena. … [Read more...] about VIETNAM NEWS JANUARY 24