Foreign exchange in market market

Japan’s Nikkei Asian Review on its January 8, 2020 edition reported that its compatriotic bank Aozora will have bought 15% of OCB’s stake before April this year after the approval of the Vietnamese authorities concerned. The value of the transaction is around 15 billion yen, or some US$139 million. Prior to this deal, BNP Paribas of France was OCB’s strategic partner during 2007-2018 and at a time held up to 20% of OCB’s stake—the ceiling rate a foreign investor is entitled to. … [Read more...] about Foreign banks may return soon

Meanwhile, foreign experts and managers still chose Grade A serviced apartments but not Grade B and Grade C. Therefore, Grade A rent slightly reduced to US$32 per sq.m per month while Grade C rent continued to fall and stood at under $20, Hằng said.  … [Read more...] about Serviced apartments face fierce competition in Hà Nội market

The activity has been known as the new method to trade illegal firecrackers. Local press reported that many channels and pages have been created to sell different types of fireworks costing of between VNĐ550,000-3 million (US$22.9-125). … [Read more...] about Market Watch target illegal online firework trading over Tết

Vietnam’s catfish industry loses clout, suffers lower prices in 2019 A series of problems are affecting Vietnam’s catfish industry, including a sharp fall in catfish material price and decrease in breeder quality. The industry has lost its monopoly. On the world market. … [Read more...] about Catfish firms seek to exploit domestic market

Nguyễn Nhu, deputy director of the Thủ Đức Agriculture Wholesale Market Joint Stock Company, said a food safety management team performed sampling and testing activities every night for agriculture products with high potential health risks though not for all products sold in the market. … [Read more...] about HCM City steps up food inspection to ensure safe Tết