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?
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The Viet Nam Gas Association's Southern Gas Branch said that the global import contract price set for this month had fallen $220 per tonne, leading to a record drop in domestic gas prices as global oil prices continued to plummet. … [Read more...] about Gas prices fall on global oil declines
Pho has been getting rave review from global travel magazines for decades now, and no visitor to Vietnam fails to mention it. Last year Lonely Planet recommended it as one of the best hangover cures on the road. The U.K.-based travel site Rough Guides also named the soup among the world’s 15 best foods that are easy on the pocket. … [Read more...] about CNN: Vietnam’s pho, fresh rolls among world’s best dishes
Most of businesses who participated in the meeting chaired by Deputy Prime Minister Trinh Dinh Dung and Minister of Agriculture and Rural Development Nguyen Xuan Cuong have released documents on reducing the price of live hog to VND70,000 a kilogram since April 1. … [Read more...] about Pig price falls to VND70,000 per kilo
Regarding offshore financing, the Group was granted "B1", "B" and "B" issuer rating with a "Stable" outlook by Moody's Investor Services, Standard and Poor's Rating Services and Fitch Ratings, respectively. With its international credit ratings, the Group took advantage of the market conditions by swapping short-term bonds for long-term bonds in order to reduce its exposure to risks associated with short-term debts, rendering support to the rapid development of the Group. In particular, the transaction of the Group's US$400 million senior notes due 2022 issued in October 2019 under Securities Act Rule 144A was awarded "Best High-Yield Bond in 2019" by The Asset, an internationally renowned magazine. This issuance is not only the Group's first issuance of senior notes under Rule 144A since 2014, but also the first issuance of senior notes by a Chinese real estate enterprise under Rule 144A since 2015. The overwhelming response of this issuance also reflected the market's strong … [Read more...] about Kaisa Group (1638.HK) Announces 2019 Annual Results