Russia’s eight-year effort to build a homegrown alternative to Visa and Mastercard paid off when the U.S. card giants left the country
Category Archives: Finance
Which province has the lowest cost of living in Vietnam?
Advertisements According to the Spatial Cost of Living Index (SCOLI) report in 2021, the Mekong Delta region has the lowest SCOLI index in the country for many years now, only 95.12% Red River Delta region. Among 11 main commodity groups, there are 8 commodity groups with average prices lower than the average price of theContinue reading “Which province has the lowest cost of living in Vietnam?”
The reason why Vietnam still controls inflation well
Advertisements Currently, inflation in Vietnam is still well controlled. But hitting the inflation target of around 4% in 2022 is not an easy challenge. Inflation in the world increased sharply in the first 3 months of 2022 due to a strong recovery in demand, supply chain disruptions and the Russia-Ukraine conflict. But in Vietnam, the priceContinue reading “The reason why Vietnam still controls inflation well”
Vietnam has to pay more than 1 million billion of public debt in the period of 2022 – 2024
Advertisements The Ministry of Finance has just submitted to the Prime Minister the 3-year public debt management program for the period 2022-2024 and the plan to borrow and repay public debt in 2022. In 2022, pay more than 335 trillion VND The Government’s task of mobilizing loans in 2022 is a maximum of VND 673,546Continue reading “Vietnam has to pay more than 1 million billion of public debt in the period of 2022 – 2024”
How is Vietnam in the global inflation trend?
Advertisements Vietnam’s inflation is maintaining at a low level thanks to certain supportive factors when compared with global inflation correlation. However, difficulties will increase in the near future. To contribute more perspective on the current inflation situation, VnEconomy would like to introduce the article by Hoang Nu Ngoc Thuy and Luong Minh Hien authors, Vietnam Interbank Market Research Association.Continue reading “How is Vietnam in the global inflation trend?”
Vietnam could be the next country to legalize cryptocurrency and virtual assets
Ministry of Finance will assume the prime responsibility to identify specific legal documents that need to be amended, supplemented and promulgated in association with the related bodies and the specific time of implementation
MSB nhận giải thưởng Ngân hàng chuyển đổi số tiêu biểu nhất Việt Nam năm 2021
Năm 2021 đánh dấu nhiều bước tiến quan trọng trong hành trình chuyển đổi số của MSB
Do employees have bonuses for the holidays of April 30 and May 1 this year?
Advertisements On the holidays of April 30 and May 1 of this year, employees, civil servants and public employees will have a 4-day holiday. According to the Labor Code, how are the wages and bonuses of employees on this holiday calculated? Currently, the Labor Code of 2019 only regulates bonuses in general, but does notContinue reading “Do employees have bonuses for the holidays of April 30 and May 1 this year?”
While USD and Gold plunge, Bitcoin gains nearly 6%
Advertisements The stock and crypto markets became more heated as investors took on risks of hindering the USD’s momentum. Besides, the price of gold dropped again. Fed Chairman, Jerome Powell, on March 21 pledged to take tough action to combat inflation, and said that there is a risk of high inflation threatening the strong recoveryContinue reading “While USD and Gold plunge, Bitcoin gains nearly 6%”
Gasoline prices fall for the first time in 2022
Advertisements The Inter-Ministry of Industry, Trade and Finance decided to reduce gasoline prices in the operating period on March 21. Specifically, the price of gasoline E5RON92 is not higher than 28,330 VND/liter (down 655 VND/liter compared to the current price). RON95-III gasoline is not higher than 29,192 VND/liter (down 632 VND/liter compared to the currentContinue reading “Gasoline prices fall for the first time in 2022”
Positive movement of the Index, increasing for 4 consecutive sessions
Advertisements The Index increased a total of nearly 1.6% for 4 consecutive days, but for the whole week, VN-Index only inched slightly. Following the slight gains in the previous sessions, the stock market at the end of the week continued to have positive movements to extend the series of 4 consecutive gaining sessions. At theContinue reading “Positive movement of the Index, increasing for 4 consecutive sessions”
After 3 years of investing in CMC Corporation (CMG), Samsung has made a big profit
Advertisements The investment in Samsung SDS is 1.7 times more profitable than the initial time, equivalent to 1,815 billion VND Since investing in Vietnam in 1996, until now Samsung through its subsidiaries has poured tens of billions of dollars through specialized subsidiaries and is one of the largest investors in Vietnam. Not only direct investmentContinue reading “After 3 years of investing in CMC Corporation (CMG), Samsung has made a big profit”
Refinitiv vinh danh MSB là ngân hàng có khối lượng giao dịch ngoại tệ lớn nhất Việt Nam
Giải thưởng ghi nhận sự đóng góp của MSB trong thế mạnh truyền thống là kinh doanh ngoại tệ trên thị trường liên ngân hàng với vai trò là nhà tạo lập thị trường
Wages can’t keep up with prices, cost of living is on the rise
Advertisements The new figures show that between November and January, UK wage growth failed to keep up with the rising cost of living Wages rose, but when taking rising prices into account, regular pay showed a 1% fall from a year earlier, the Office for National Statistics said. Gamu Nyasoro, a senior registered nurse, toldContinue reading “Wages can’t keep up with prices, cost of living is on the rise”
UK: All bitcoin cash machines in the country must be closed
Advertisements The Financial Conduct Authority has warned all UK cryptocurrency teller machines (ATMs) are now operating illegally and must be closed. Crypto-ATMs look like regular cash machines and let people buy crypto-currency, such as Bitcoin, using their bank cards. But no company offering crypto-currency services in the UK has a licence to operate a crypto-ATM.Continue reading “UK: All bitcoin cash machines in the country must be closed”