Hanoi (VNA) - The following is a list of selected news summaries last night by the Vietnam News Agency. – President Nguyen Xuan Phuc appreciated Cao Dai followers’ contributions to the country throughout history while receiving leaders of the religion’s churches and organisations in Hanoi on June 29. He said Caodaism is a religion coming into being in Vietnam, and during its development process, it has helped diversify the country’s traditional culture and uphold solidarity when encouraging its dignitaries and followers to stand side by side with the nation. Read full story – National Assembly (NA) Chairman Vuong Dinh Hue and Speaker of the UK’s House of Commons Lindsay Hoyle discussed various issues regarding cooperation between the two legislatures during their talks in London on June 29 morning. The two sides also exchanged views on their cooperation at multilateral forums and on regional and global issues of mutual interest. They focused discussions on measures to further … [Read more...] about ☀️ Morning digest on June 30
New york stock exchange dow dupont
Reference exchange rate up 11 VND on June 30
The daily reference exchange rate for the US dollar is set at 23,110 VND/USD on June 30. (Photo: VNA) Hanoi (VNA) – The State Bank of Vietnam set the daily reference exchange rate for the US dollar at 23,110 VND/USD on June 30, up 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 23,803 VND/USD and the floor rate 22,416 VND/USD. The opening-hour rates at some commercial banks saw increases. At 8:35am, Vietcombank listed the rates at 23,095 VND/USD (buying) and 23,405 VND/USD (selling), both up 5 VND from June 29. Meanwhile, BIDV raised both rates by 10 VND from the end of the previous session, listing the buying rate at 23,130 VND/USD and the selling rate at 23,410 VND/USD./. VNA … [Read more...] about Reference exchange rate up 11 VND on June 30
Vietnam reports 637 new COVID-19 cases on June 27
COVID-19 vaccination (Photo: VNA) Hanoi (VNA) - There were an additional 637 new COVID-19 infections recorded across Vietnam on June 27 with no deaths. The new figure brought the total number of cases in the country to 10,744,085. All of the new transmissions were domestic. The capital city of Hanoi again topped the country with 188 new cases. It was followed by northern Hai Phong and central Da Nang cities, which reported 64 and 62 infections, respectively. A further 6,653 patients were given the all-clear, taking the total number of recoveries to 9,656,467. More than 229.8 million shots of COVID-19 vaccines have been administered across the country to date./. VNA … [Read more...] about Vietnam reports 637 new COVID-19 cases on June 27
Policies to take effect in July
Ilustrative image. (Photo: VNA) Accordingly, a new decree, coded 38/2022/ND-CP, on raising the regional minimum wage for laborers will come into effect on July 1. The 6 percent increase is equivalent to a rise of VND260,000 (US$11.20) in Region 1, and VND240,000, VND210,000, and VND180,000 in Regions 2, 3, and 4, respectively. The document to this effect also specifies that the minimum hourly wage will range from VND15,600 to VND22,500, which also depends on the region. The geographical classification is determined based on the employer’s place of operation. Region 1 covers Hanoi and Ho Chi Minh City's urban areas; Region 2 encompasses Hanoi and HCMC's rural areas, along with major urban areas in the country like Can Tho, Da Nang and Hai Phong; Region 3 covers provincial cities and the districts of Bac Ninh, Bac Giang and Hai Duong provinces; and Region 4 comprises the rest of the country. Meanwhile, per the Minister of Finance’s Circular 78/2021/TT-BTC, dated September 17, … [Read more...] about Policies to take effect in July
Pi miners anxiously await monetization
The system is making steady progress towards transiting to launch by around Pi2 Day - June 28, the development team announced on the Pi Network app last Tuesday. Since Monday night, Pi miners in Vietnam have started to wait for the transition. Many claimed to be business owners and said they will accept the token as a payment method as soon as the coin can be exchanged. Pi and other cryptocurrencies are not legal tender in Vietnam, Dao Minh Tu, the deputy governor of the State Bank of Vietnam, has said. Huynh Tan of HCMC said he has signed in the app to earn rewards every day for the last three years. "I have joined the project since its beta stage. Now it is about to enter the mainnet stage, so I hope to be able to exchange Pi for money or something." He said prices of thousands dollars is "very unlikely" as there are 100 billion tokens, but the ‘consensus price’ may be of any number. A poll on a Pi group found 75 percent of nearly 3,400 users believing in a ‘consensus … [Read more...] about Pi miners anxiously await monetization
Dairy sector milks trade agreements for greater opportunities
Trade promotion plays a key role for the dairy sector How has the dairy sector recovered from the pandemic? Despite the prolonged pandemic, the domestic dairy market still reached VND113.7 trillion in revenues in 2020 and VND119.3 trillion in 2021. The country produced about 1.77 billion liters of fresh milk in 2021, up 4.5 percent compared to 2020, while powdered milk volume saw positive growth of 13.1 percent year-on-year to 151,500 tonnes. Vietnamese dairy businesses have strengthened trade promotion activities and sought export markets. Currently, Vietnamese dairy products are available in 50 countries and territories. In 2021, the sector had a turnover of nearly US$300 million. Milk is a special product and export markets always put quality at the top. Therefore, Vietnam’s milk and dairy product exports to foreign markets are considered a great success. Tran Van Trung, chairman of the Vietnam Dairy Association What are the opportunities for the dairy … [Read more...] about Dairy sector milks trade agreements for greater opportunities