HANOI – According to the Central Bank, The Vietnamese Dong currency may likely get hit due to a weaker foreign direct investment inflow forecast caused by the Covid-19 pandemic. Fitch Solutions experts predicted the currency to be at around VNĐ23,475 per US dollar this year and VNĐ23,650 in 2021 from the current rates of VNĐ23,309 to 1 USD. “We maintain …

MANILA – The Philippines has secured the top spot of the most fiscally transparent budget in Southeast Asia in in the 2019 Open Budget Survey (OBS) transparency index released on April 29. The country’s score exceeded its South east asian neighbor with Indonesia’s score at 70, Thailand’s 61, Malaysia’s 47, Timor-Leste’s 40, Vietnam’s 38, Cambodia’s 32 and Myanmar’s 28. Philippines …

HO CHI MINH – Vietnam’s success in their fight against the coronavirus has been a significant factor to assess possible risks in business as foreign investments are shifting their business to Asian countries including Vietnam. According to global consultancy McLarty Associates managing partner Kellie Meiman Hock, the companies are evaluating how countries are managing and responding to the pandemic as …

Hanoi – The OST titled Còn Gì Để Mất or I’ll Give My Soul has unexpectedly entered the international Billboard charts. The OST is among the Top 21 of the Adult Contemporary Indicator Chart of the US reknowned music magazine. Singer Dang Mai Phuong has become the second Vietnamese singer to be named in the said billboard chart. Trung Vuong …

HANOI – Vietnam has reported less than 300 cases of Covid-19 without fatality since January 2020, according to official records. The country with a population of 95 million, Vietnam is quietly winning its war against the virus by implementing early measures such as sealing the borders, quarantined masses of people, used soldiers and police to track down potential infections and …

The Thai Trade Centre (TTC) in Hong Kong said the price of Thai jasmine rice in the city has risen after people began hoarding supplies, while the import of Thai rice to Hong Kong rose by 2 to 3 tonnes in the first quarter of the year. Chanunpat Pisanapipong, executive director of TTC in Hong Kong, said the pandemic and …