When the epidemic is contained, investors’ confidence will return. They will withdraw money from shelter channels and pour money into risky assets. As the dollar will no longer be the shelter, the demand will decrease and the exchange rate will return to normal again. Meanwhile, foreign investors are selling shares in Vietnam. As they are buying dollars in large quantities to transfer money abroad, the dollar price has increased. … [Read more...] about Why has the US dollar price escalated?
Anti price rise movement
Energy and financial firms were among the worst performers in the quarter. Retailers, which have seen sales evaporate as stores closed, suffered some of the biggest losses on Tuesday, with Macy's down almost 9% a day after it said it would put the majority of its staff on unpaid leave. … [Read more...] about Coronavirus: Stock markets suffer worst quarter since 1987
At around 8:30 am on March 24, officers raided a venue on Lu Gia Street in District 11 and caught Pham Di Chuan, 48, in the act of receiving drugs from Nguyen Quoc Duy, another suspect. … [Read more...] about Ho Chi Minh City police break up illegal ring smuggling drugs from Cambodia
A Sacombank office in Tây Hồ District, Hà Nội. The bank shares surged 7.0 per cent on Wednesday to lift the benchmark VN-Index up 2.69 per cent. - Photo baodauthau.vn … [Read more...] about VN stocks pick up after officials’ reassurances
Drastic Chinese control measures in the first 50 days of the epidemic bought other cities across the country valuable time to prepare and install their own restrictions, according to the paper by researchers in China, the United States and the UK, published in the journal Science. … [Read more...] about China lockdown may have blocked 700,000 virus cases: researchers