Hanoi (VNA) - The State Bank of Vietnam set the daily reference exchange rate at 23,136 VND per USD on January 15, up 4 VND from the previous day. With the current trading band of +/-3 percent, the ceiling rate applied to commercial banks during the day is 23,829 VND/USD and the floor rate, 22,442 VND/USD. The opening hour rates at some commercial banks slightly fluctuated. At 8:25 am, Vietcombank listed the buying rate at 23,950 VND/USD and the selling rate at 23,160 VND/USD, both unchanged from January 14. BIDV listed the buying rate at 22,980 VND/USD, up 10 VND, and the selling rate at 23,160 VND/USD, down 10 VND. Meanwhile, Vietinbank added 5 VND to both rates, at 22,923 VND/USD (buying) and 23,166 VND/USD (selling)./. … [Read more...] about Reference exchange rate up 4 VND on January 15
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Jacobson Pharma’s Proposed Spin-off and Separate Listing of JBM (Healthcare) Limited on The Main Board of The Stock Exchange of Hong Kong Limited
As of today, the total number of issued shares of the Company ("Shares") is 1,934,221,000. Assuming there is no change in the total number of shares from today up to 29 January 2021 (the "Record Date"), the qualifying shareholders will receive one JBM Share for every eight Shares held on the Record Date. … [Read more...] about Jacobson Pharma’s Proposed Spin-off and Separate Listing of JBM (Healthcare) Limited on The Main Board of The Stock Exchange of Hong Kong Limited
Kerry Logistics Network Opens Chemical Logistics Centre in Cangzhou China To Capture Market Potential in Chemical Logistics
With a global presence across 59 countries, Kerry Logistics Network has established a solid foothold in half of the world's emerging markets. Its diverse infrastructure, extensive coverage in international gateways and local expertise span across China, India, Southeast Asia, the CIS, Middle East, LATAM and other locations. … [Read more...] about Kerry Logistics Network Opens Chemical Logistics Centre in Cangzhou China To Capture Market Potential in Chemical Logistics
Vietnamese firms connect with potential partners at Singapore forum
The country’s young start-up ecosystem now consists of some 3,000 companies, one-third of which are engaged in the technology sector, she said, adding that the Government is also working hard to create the best possible conditions for start-ups to grow and stretch their reach to the world. … [Read more...] about Vietnamese firms connect with potential partners at Singapore forum
Garment-textile sector eyes 39 billion USD in export turnover
Hanoi (VNA) – Vietnam’s garment-textile sector sets a target of 39 billion USD in export revenue this year, equal to that of 2019, according to the Vietnam National Textile and Garment Group (Vinatex). Last year, due to impacts of the COVID-19 pandemic, the US-China trade tensions, the trade protectionism and the Brexit, Vietnam’s garment-textile exports reached only 35 billion USD. However, the result is still remarkable given the global demand dropping over 22 percent. In 2020, Vietnam was the only among the world’s top five garment-textile exporters not to have to cease production. Vinatex recorded total revenue of 15.5 trillion VND (670.7 million USD) and combined profits of 628.9 billion VND, equal to 106 percent and 164.8 percent of the set targets, respectively. Vinatex Chairman Le Tien Truong suggested the Government cut long-term interest rates, elaborating that garment-textile firms would find it hard to access loans after a year of low business … [Read more...] about Garment-textile sector eyes 39 billion USD in export turnover