Vnd exchange rate to usd

Hanoi (VNA) - Forest product exports are expected to reel in 14.5 billion USD this year, up 12 percent against 2020, an official has said. Deputy Minister of Agriculture and Rural Development Ha Cong Tuan unveiled the target in an interview with the Lao Dong (Labour) newspaper on the growth of the forestry sector over the next five years. Export value is set to reach 20 billion USD in 2025. During the five-year period, he said, the sector will work to sustain the forest coverage rate at 42 percent, expand distribution markets, develop long-term trade partnerships, and promptly address trade issues for mutual benefits in line with international commitments. The minister also touched on a number of positive outcomes made by the sector last year despite COVID-19. Vietnam exported forest products worth over 13.22 billion USD, up 16.9 percent against the previous year, and 5.7 percent higher than the annual target. The country now ranks fifth globally, second in Asia, and first in … [Read more...] about Vietnam aims to earn 14.5 billion USD from forestry exports

Hanoi (VNS/VNA) - The State Capital Investment Corporation (SCIC) plans to invest 8 trillion VND (approximately 345.6 million USD) in Vietnam Airlines JSC (HVN). The amount is equal to 25 percent of HVN’s charter capital. “Vietnam Airlines will issue 8 trillion VND in shares to existing shareholders to raise its charter capital. And SCIC represents the Government to buy the shares,” Nguyen Chi Thanh, General Director of SCIC, said during a recent press conference. The two sides had a meeting to work out the HVN share price, Thanh added. Vietnam Airlines is creating a share offering plan to raise its charter capital and needs to get opinions from the State Securities Commission of Vietnam. Meanwhile, SCIC’s mission is to price HVN's share value. In order to define the share offering price, Vietnam Airlines has to evaluate its own value based on its five-year business plan. But COVID-19 is a biggest challenge for the … [Read more...] about SCIC pours up to 345.6 million USD in Vietnam Airlines

HCM City (VNA) - A number of bidding packages under the Green Transport Development Project, to develop a new Bus Rapid Transit (BRT) corridor in HCM City, are scheduled to be kick started in the fourth quarter of 2021, according to the HCM City Management Board for Traffic Works Construction and Investment. Invested by the management board, the BRT project has total investment of over 121.2 million USD, lent from the World Bank’s International Development Association (IDA), and nearly 423 billion VND (over 18.38 million USD) in reciprocal capital. A high-quality bus route, called BRT No 1, will be built along the Vo Van Kiet - Mai Chi Tho Highway, with technical characteristics and quality of service similar to light BRT systems around the world, fully satisfying all of the requirements of smart traffic. It is one of six BRT routes planned by the city’s government. With a total length of 26 km, 28 stops, and two transfer stations, and passing through the districts of … [Read more...] about HCM City accelerating work on bus rapid transit route

Hanoi (VNA) – Da Lat and Bao Loc cities in the Central Highlands province of Lam Dong and Lao Cai city in the northern province of the same name have accomplished the task of building new-style rural areas. … [Read more...] about Three cities fulfill new-style rural area building task

Hanoi (VNA) – Da Lat and Bao Loc cities in the Central Highlands province of Lam Dong and Lao Cai city in the northern province of the same name have accomplished the task of building new-style rural areas. … [Read more...] about Three cities fulfil new-style rural area building task