Illustrative image (Source: VNA) Hanoi (VNA) - The State Bank of Vietnam set the daily reference exchange rate for the US dollar at 23,163 VND/USD on August 11, down 11 VND from the previous day. With the current trading band of +/-3 percent, the ceiling rate applicable to commercial banks during the day is 23,857 VND/USD and the floor rate 22,468 VND/USD. The opening-hour rates at many commercial banks increased. At 8:30 am, BIDV listed the buying rate at 23,250 VND/USD and the selling rate at 23,530 VND/USD, both up 5 VND from the end of August 10. Vietcombank kept both rates unchanged at 23,220 VND/USD (buying) and 23,530 VND/USD (selling)./. VNA … [Read more...] about Reference exchange rate down 11 VND on August 11
State bank of vietnam
Police officers on May 18, 2009 announced a decision to deport Viet Tan member Nguyen Van Be, a Vietnamese in Australia. (Photo: VNA) Hanoi (VNA) – The Viet Tan terrorist organization has made use of the internet, especially social media, to conduct propaganda and entice people to join its disguised groups on the internet. Under the cover of making social criticism and struggling for democracy, national sovereignty and territorial integrity, those groups in fact spread distorted information on the Party and State’s policies and guidelines in order to spur the hostile attitude among a part of the people. Making use of East Sea situation to undermine the administration Recently, using the complicated developments in the East Sea after China brought its survey vessels into Vietnam’s exclusive economic zone, Viet Tan coordinated with other reactionary groups and associations to hold a series of demonstrations in many countries in order to incite its members and political … [Read more...] about What’s new in Viet Tan’s schemes?
Emulating the ambitions of Singapore’s high-tech vision, Photo: Le Toan Last week, Prime Minister Pham Minh Chinh urged Singaporean groups to increase their investment in Vietnam, notably in the fields of technology, strategic infrastructure development, logistics, and cutting-edge startups. According to PM Chinh, the Vietnam-Singapore strategic partnership is growing strongly and quickly in all areas, particularly the economy, trade, and investment. The two-way trade increased by over 23 per cent to reach $8.3 billion in 2021, and it reached $4.75 billion in the first half of 2022. He stressed that Vietnam wishes to strengthen its bilateral strategic alliance and learn from Singapore’s experience in establishing an independent, self-sufficient economy in parallel with intense and wide international integration. The PM suggested that the two countries should launch projects and events to commemorate the 50th anniversary of bilateral diplomatic relations and the 10th … [Read more...] about Emulating the ambitions of Singapore’s high-tech vision
At the “International experience on blockchain technology development and recommendations for Vietnam” conference held last Friday, Michael R. DiGregorio, the Asia Foundation’s country representative in Vietnam, suggested that the Ministry of Information and Communications (MIC) should allow businesses to experimentally approach areas that are not clearly regulated by laws, such as blockchain. Legalities in way of blockchain progress, illustration photo The Asian Foundation is collaborating with Vietnam Blockchain Corporation and jupviec.vn to pilot the application of blockchain. After the blockchain platform is successfully integrated into jupviec.vn, the system will connect about 2,000 domestic helpers with potential customers through the website and mobile application. This creates favourable conditions for workers when looking for a job, helping to increase their ability to negotiate salaries and other benefits related to their work records and professional … [Read more...] about Legalities in way of blockchain progress
The 18th session of the Party Central Committee ’s Inspection Commission in Hanoi (Photo: VNA) Hanoi (VNA) – The Party Central Committee’s Inspection Commission held its 18th session in Hanoi from August 10 - 11 to discuss wrongdoings by several Party bodies and impose disciplinary measures against the officials involved. Looking into wrongdoings in the leadership over COVID-19 prevention and control by the Party civil affairs board at the Hai Duong provincial People’s Committee, the commission said the Standing Board of the provincial Party Committee and the civil affairs board at the provincial People’s Committee had violated democratic centralism principles and working regulations. A lack of supervision had enabled the provincial People’s Committee and some organisations and individuals to break Party rules and State laws on pandemic prevention and control, especially in signing contracts and creating conditions for the Viet A Technologies JSC to exclusively sell … [Read more...] about Party Inspection Commission holds 18th session