Economists and business insiders say to manage currency fluctuations and protect their profit margins, some businesses have been adopting risk-hedging strategies.
In the latest session on February 4, through the open market operations (OMO) channel, the SBV provided loans to seven financial institutions totalling over VNĐ10 trillion at an interest rate of four per cent per annum for a seven-day term.
Việt Nam boasts one of the most active investment communities in the cryptocurrency sector. However, protecting investors and promoting sustainable growth requires a robust legal framework.
The Ministry of Planning and Investment (MPI) has proposed a controlled pilot programme for fintech activities, including digital asset and cryptocurrency trades at financial centres.
Deputy Prime Minister and Minister of Foreign Affairs Bùi Thanh Sơn said this remittance level is equivalent to 2023, when remittances reached a record high post pandemic.
Following 2023, remittances to HCM City rose to a record again of US$9.6 billion last year, the State Bank of Việt Nam has said. They were up $140 million from 2023 and accounted for more than half of the country’s total...
