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
Who terminated the gold exchange standard
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
About Jacobson Pharma Corporation Limited (雅各臣科研製藥有限公司;Stock Code: 2633)Jacobson Pharma is a leading generic drug company in Hong Kong. The Group also carries a portfolio of proprietary brands, notably Po Chai Pills (「保濟丸」), Ho Chai Kung TjiThung San (「何濟公止痛退熱散」), Contractubex Scar Gel (「秀碧除疤膏」), Flying Eagle Woodlok Oil (「飛鷹活絡油」), Tong Tai Chung Woodlok Oil (「唐太宗活絡油」), Doan's Ointment (「兜安氏藥膏」), Saplingtan (「十靈丹」), Shiling Oil (「十靈油」) and Col-gan Tablet (「傷風克」), which have been widely recognised … [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
The Kerry IMS Chemical Cangzhou logistics centre was developed to strengthen Kerry Logistics Network's service capability in the chemical sector and an important base in Northern China, consolidating the Company's combined resources in logistics, export industries, an international-standard operating platform and transportation facilities. Located in the proximity of the Tianjin Nangang Industrial Zone, the logistics centre has a total area of 320,000 sq ft, comprising Class A warehouse, Class B warehouse, as well as office facilities, and has the capacity to handle 400,000 tonnes of Class A and Class B chemicals per year. The logistics centre was designed and built above Chinese national standards and is equipped with smart monitoring and management systems. At present, it is handling mainly industrial raw materials, mostly packaged in Intermediate Bulk Container (IBC), drum and pail. The warehouse will store 38 types of dangerous goods, including flammable liquids and solids, … [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
Vietnamese Ambassador Tao Thi Thanh Huong beats the gong to open the trading session that marked the Singapore Exchange’s 20th anniversary. - Photo courtesy of SGX Addressing representatives of over 150 companies from Viet Nam, Europe, the US, the Republic of Korea and Japan, Vietnamese Ambassador to Singapore Tao Thi Thanh Huong noted the Vietnamese Government has been issuing policies to attract capital to new economic sectors while making efforts to equitise State-owned enterprises to attract more foreign investors. … [Read more...] about Vietnamese firms connect with potential partners at Singapore forum
RCEP to help farm produce expand presence in global markets
HCM City (VNA) - The recently-signed Regional Comprehensive Economic Partnership (RCEP) agreement will create opportunities for Vietnam’s agricultural products to extend their reach in the region and the world, experts have said. Le Duy Minh, President of the Vietnam Farms and Agricultural Enterprises Association, told a meeting in Ho Chi Minh City on January 15 that the agriculture sector has been integrating intensively and extensively into the world but also faces considerable difficulties and challenges, including the impact of the COVID-19 pandemic, climate change, trade disputes between major economies, and an increase in technical barriers in many countries. Vietnam signed a number of important economic deals in 2020, heralding a new era of economic integration with opportunities to expand export markets and attract more domestic and foreign investment. Among the deals, the RCEP, which gathers together 10 ASEAN countries and five partners (the Republic of Korea, China, … [Read more...] about RCEP to help farm produce expand presence in global markets