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Vietnam central bank may continue cash withdrawal to keep forex rate stable

The State Bank of Vietnam (SBV), the country’s central bank, is expected to continue withdrawing cash from the banking system through open market operations (OMO) in order to narrow the dong-dollar interest rate gap and keep the USD/VND rate stable, researchers and securities analysts have said. ....

Republic Of , Ho Chi Minh City , H Chíinh , Han I , Anh Minh , Analysts At Viet Dragon Securities Co , State Bank , Viet Dragon Securities , Cash Withdrawal , Usd Vnd , Viet Dragon Securities ,

VIETNAM BUSINESS NEWS JULY 4

VIETNAM BUSINESS NEWS JULY 4
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04/07/2021

11:21
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Vietnam to have 1,704 industrial clusters by 2025
Vietnam aims to have 1,704 industrial clusters by 2025, according to the Ministry of Industry and Trade.
Minister of Industry and Trade Nguyen Hong Dien made the statement during an online meeting about managing and developing industrial clusters on July 2.
In 2020, Vietnam had 968 industrial clusters, covering 30,912ha. Of which, the infrastructure of 450 clusters was invested in by private firms. As of now, the authorities have approved technical infrastructure projects at 955 clusters that cover 29,782ha and have a total investment of VND115trn (USD4.9bn). ....

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