The State Bank of Viet Nam (SBV) has so far this year sold about US$12-13 billion to stabilise the domestic forex market, according to Viet Dragon Securities Corporation (VDSC).
The State Bank of Viet Nam (SBV) sold about US$7 billion in the first five months of this year to balance the supply and demand sources of the greenback in the domestic forex market.
Demand from the European Union and North American markets recovered and rose strongly, boosting the export volume of galvanised steel and offsetting weak domestic consumption in the first half of this year.
A recent report from Viet Dragon Securities Corporation (VDSC) said that the social distancing order in Viet Nam will negatively affect the supply of processed seafood in the last six months of the year due to reduced operating capacity at...
VDSC forecasts the company’s profit after tax will be about VND10.2 trillion (US$445.4 million) in the second quarter of this year, and then fall to VND8.9 trillion (US$388.7 million) in the third quarter.