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In response to increasing pressure on the Vietnamese dong as a result of high inflation in the US, on October 17, 2022, the decision was made to increase the dong's trading band from 3 to 5 percent. As a result, from October 16 to October 24 the currency lost 2.98 percent of its value falling from 24,135 to 24,845 Vietnamese dong to the dollar ...
USD, there is a tremendous interest by foreign companies to get access to the Vietnamese market or continue the expansion using mergers and acquisitions. From 1991 to February 2018, Vietnamese companies were involved as either an acquiror or an acquired company in 4,000 mergers and acquisitions with a total value of 40.6 bil. USD.
Vietnam is a southeast Asian country, and is the easternmost country of mainland Southeast Asia. It borders the South China Sea , hence, seeing the increased likeliness of tropical cyclones . Tropical cyclones in this area are considered to be part of the Northwest Pacific basin , and therefore, storms here are considered as typhoons .
Vietnam's Typhoon Yagi death toll passes 250, scores still missing. Khanh Vu. September 13, 2024 at 10:00 AM. ... Insurance companies in Vietnam had received 7 trillion dong ($285.36 million) of ...
In 1953, 10, 20 and 50 su coins were introduced. In 1960, 1 đồng were added, followed by 10 đồng in 1964, 5 đồng in 1966 and 20 đồng in 1968. 50 đồng were minted dated 1975 but they were never shipped to Vietnam due to the fall of the South Vietnamese government.
Vietnam, [e] [f] officially the Socialist Republic of Vietnam, [g] [h] is a country at the eastern edge of mainland Southeast Asia, with an area of about 331,000 square kilometres (128,000 sq mi) and a population of over 100 million, making it the world's fifteenth-most populous country.
In 2018, OCB was recognized by the State Bank of Vietnam for successfully completing the implementation of Basel II. Basel II is an international set of standards for bank risk management. [20] [21] In January 2020, Aozora Bank of Japan purchased a 15% stake in OCB. [22] In 2021, OCB was officially listed on the Ho Chi Minh City Stock Exchange ...
The Canadian Embassy in Hanoi revealed that Canada pledged humanitarian aid worth 560,000 CAD ($1.12 million USD) to support Vietnamese people impacted by severe flooding and landslides caused by Typhoon Yagi. [163] The Russian Ministry of Emergency Situations also sent humanitarian aid to Lào Cai Province, the hardest-hit region in Vietnam. [164]