Foreign exchange rates how to calculate

Addressing the event, Deputy Foreign Minister Nguyen Quoc Dung thanked ASEAN member countries for supporting Vietnam in 2020, expressing his belief that Brunei will lead the ASEAN through challenges to recover from the pandemic. Vietnam is ready to cooperate with Brunei in performing the role of ASEAN Chair in 2021. The Vietnamese official suggested using the ASEAN fund for COVID-19 response to buy vaccines, first of all for medical staff, adding that Vietnam called on all ASEAN member countries to fully operate the Regional Reserve of Medical Supplies (RRMS). He stressed that the grouping should optimise the outcomes that ASEAN had achieved in 2020, proposing that key agencies in charge of ASEAN Community’s pillars continue to improve and complete the remaining action lines in the master plan for the 2025 ASEAN Community Vision. He also asked ASEAN to early define the roadmap to build the ASEAN vision 2025 based on the Hanoi Declaration on the ASEAN Community’s … [Read more...] about ASEAN senior officials discuss preparations for AMM Retreat

According to CIEM, Vietnam’s macroeconomic performance in 2021 will be influenced by the world economy, which is still uncertain. The US is expected to continue to apply measures to restrain China’s economy, trade and technology, and may team up with some partner countries to implement measures. … [Read more...] about Researchers warn of risks for Vietnam in 2021

Nguyen Tri Hieu, an economist - PHOTO: NGOC TRAN By the end of last week (January 15, 2021), the stock market in Vietnam was still in growth territory with the benchmark VN-Index ending at 1,194.2 points and the HNX-Index at 225.27. The Saigon Times spoke with economist Nguyen Tri Hieu to get his insight into what is in store for the stock exchanges in Vietnam. Excerpts: … [Read more...] about Economist: VN-Index does not reflect the economy

New investors had flocked to the stock market in the past months to ride the VN-Index’s impressive recovery as Covid-19 dampened the charm of other investment channels such as savings and real estate. According to the Vietnam Securities Depository, last December, over 60,000 new accounts were opened at securities companies. … [Read more...] about Panic selling sends VN-Index to biggest losing session in six months

However, air ticket price for Ho Chi Minh City – Hanoi route before and after Tet are still high of about VND5.6 million (US$243) - 7.2 million (US$312) per round-trip ticket. For vice versa, the air ticket price is about VND1.2 million (nearly US$52) per round-trip ticket. General Director of the Civil Aviation Authority of Vietnam Mr. Dinh Viet Thang informed that the number of air tickets for Tet holiday had based on airlines’ calculation and forecast with increase of 10 percent in passenger over the same period last year, reaching about 7.5 million passengers. In case of high travel demand for passengers, the international terminals will be put into operation to sever domestic routes on peak days of the holiday. As for the railway sector, according to information from the railway transport units, the train ticket for the Lunar New Year during the peak days will be able to decrease 10 -20 percent compared to the same period of 2020, even additional five percent … [Read more...] about Many train, air tickets for Tet holiday still available