36 billion usd to inr

Illustrative image (Photo: baodautu.vn) Hanoi (VNA) – Vietnam’s export turnover is forecast to surpass 315 billion USD this year, which, however, requires more drastic measures . According to the General Department of Vietnam Customs, in the first eight months of this year, the country’s export revenue stood at 213.52 billion USD, up 21.8 percent year-on-year. Based on the eight-month performance, together with the latest market situation, economists have drawn up two scenarios for Vietnam’s exports in the remaining months and the whole year. Under the first scenario when the COVID-19 pandemic is put under control in October, the export value for the remaining four months of the year would reach 108.8 billion USD and 322 billion USD for the entire year, up 14.3 percent from last year. Meanwhile, under the second scenario when the pandemic is only contained at the end of the year, the revenue is projected to go down 4.4 percent to 102.7 billion USD in the … [Read more...] about Vietnam’s 2021 exports forecast to exceed 315 billion USD

President of the Vietnam Fatherland Front (VFF) Central Committee Do Van Chien receives a token of a donation at the event (Photo: VNA) Hanoi (VNA) – President of the Vietnam Fatherland Front (VFF) Central Committee Do Van Chien, on September 22, received nearly 36 billion VND (over 1.58 million USD) worth of donations for COVID-19 prevention and control from 24 state-owned enterprises. At the reception ceremony, Chien vowed to use the funding for the right purposes in an effective, open, and transparent manner in accordance with the regulations of the State. The donations will be spent on programmes in support of disadvantaged people. Part of them will be transferred to the COVID-19 vaccine fund and used to encourage frontline forces. Since 2020, units under the Central Enterprises Bloc have donated more than 8.68 trillion VND for the COVID-19 vaccine fund, for the purchase of medical supplies and equipment, and for assisting a number of localities seriously hit by … [Read more...] about State-owned firms donate close to 36 billion VND for COVID-19 fight

Vietnam’s export turnover is forecast to surpass 315 billion USD this year, which, however, requires more drastic measures. According to the General Department of Vietnam Customs, in the first eight months of this year, the country’s export revenue stood at 213.52 billion USD, up 21.8 percent year-on-year. Based on the eight-month performance, together with the latest market situation, economists have drawn up two scenarios for Vietnam’s exports in the remaining months and the whole year. Under the first scenario when the COVID-19 pandemic is put under control in October, the export value for the remaining four months of the year would reach 108.8 billion USD and 322 billion USD for the entire year, up 14.3 percent from last year. Meanwhile, under the second scenario when the pandemic is only contained at the end of the year, the revenue is projected to go down 4.4 percent to 102.7 billion USD in the four-month period, and total 316 billion USD for the year, an … [Read more...] about Vietnam’s 2021 exports forecast to exceed $315 billion

The Vietnam Fatherland Front Committee of Ho Chi Minh City on September 22 received medical supplies worth 373 billion VND (16.38 million USD) from businesses in support of the city's fight against COVID-19. At the event. (Photo: VNA) The medical supplies include 2 million rapid test kits manufactured in Switzerland, valued at 250 billion VND, donated by T&T Group JSC and Saigon-Hanoi Commercial Joint Stock Bank and 2 million quick test kits worth 123 billion VND, which were produced in the Republic of Korea, granted by Vietnam Technological and Commercial Joint Stock Bank (Techcombank). Chairwoman of the municipal Vietnam Fatherland Front Committee To Thi Bich Chau acknowledged and highly appreciated the firms' assistance to HCM City. She pledged to work closely with the municipal Health Department to distribute the test kits to the right persons and to the right purpose, contributing to driving back the pandemic and bringing the city to new normal … [Read more...] about HCM City receives 4 million test kits worth 16.38 million USD

A Vietjet Air plane (Photo: Vietjet Air) Hanoi (VNA) - Vietjet Aviation Joint Stock Company (HOSE: VJC) has released its half-year audited financial statements for 2021, which saw a bigger post-tax profit of the parent company over its compiled reports. According to the financial statement s audited by PwC, Vietjet as a parent company had its transport revenue reaching 5,022 billion VND (approx. 220 million USD) for the first six months of this year. Its profit after tax was reported at 34.2 billion VND (approx. 1.5 million USD), a year-on-year leap of 102 percent thanks to profits gained from new project investments. The airline’s audited after-tax profit has also increased by 148 percent compared to that in its compiled reports. Vietjet posted its consolidated revenue at 7,556 billion VND (approx. 332 million USD) while the consolidated profit after tax reached 121.8 billion VND (approx. 5.3 million USD), showing a remarkable year-on-year growth of 161 percent. … [Read more...] about Vietjet’s audited report confirms positive results in H1

The T&T Group on September 21 signed several MoUs and contracts with US partners within the framework of President Nguyen Xuan Phuc’s working trip to the US. At the signing ceremony between firms of Vietnam and the US (Photo: VNA) The Vietnamese firm inked an MoU with UPC Renewables on working together in offshore and nearshore wind and solar power projects in several provinces in Vietnam with a combined capacity of nearly 1,500 MW and total investment of about 2.5 billion USD. T&T Group also sealed two deals in buying animal feed materials totalling 525 million USD. Accordingly, its agricultural arm T&T Agri will import 1.25 million tonnes of materials worth 450 million USD from The Delong Company next year. The other is an agreement in principle valuing at 75 million USD per year also between T&T Agri and US firm Valero. Meanwhile, the group's pharmaceutical arm, T&T Pharma reached a deal worth 23 million USD to be the sole … [Read more...] about T&T Group, US partner reach deal in renewable energy in Vietnam