Vietnamese buy Bitcoin in hope it has bottomed
Many investors are buying Bitcoin after the cryptocurrency’s price fell to US$20,000, its lowest level since December 2020. Thanh Binh of HCMC says he turned …
Category: Economy
Stock trading value hits 1.5-year low
Vietnam’s benchmark VN-Index rose 1.68 percent to 1,188.88 points Thursday, with trading value plunging to the lowest since December 2020. The index closed …
VN-Index hits 14-month low
Vietnam’s benchmark VN-Index dipped 0.27 percent to 1,169.27 points Wednesday, the lowest since last March, but with 15 blue chips gaining. The index closed …
Vietnam to speed up foreign currency selling
The State Bank of Vietnam is set to increase the frequency of currency selling amid rising U.S. interest rates, which have strengthened the greenback. With a …
Fuel price hikes a great burden on transport businesses
Nhat Tin Logistics, which operates 450 trucks, saw fuel costs rise by nearly 20 percent between April and May. “The surging gasoline prices have put a …
Two thirds of Vietnamese have bank accounts: central bank
The number of people having bank accounts has doubled since 2017 to 68 percent, according to the State Bank of Vietnam. It signaled a milestone in achieving a …
VN-Index plunges with rising trade
Vietnam’s benchmark VN-Index dropped 1.56 percent to 1217.30 points Friday with trading value rising double-digit. The index closed 19 points lower after …
Vietnam mulls quadrupling national fuel reserves amid price surge
The Ministry of Industry and Trade is considering quadrupling the national oil reserves equating to a month’s consumption as global prices continue to rise. …
VN-Index hits 4-week low
Vietnam’s benchmark VN-Index dropped 1.33 percent to 1213.93 points Wednesday, lowest in over four weeks. The index closed over 16 points lower after gaining …
Help poor households cope with rising fuel prices: WB
The World Bank has advised Vietnam to support poor households hurt by the impacts of rising gasoline prices. “Temporary support including targeted …