Ho Chi Minh City inaugurates Japan-funded wastewater treatment plant
Ho Chi Minh City has inaugurated the expanded Binh Hung wastewater treatment plant, now the largest facility of its kind in Vietnam.
Interbank interest rates have fallen to the lowest level since the beginning of the year.
Total trade transactions from the Center for Economic Research of Maritime Bank showed that interest rates for VND in the interbank market continued to fall over the week, at all terms.
Specifically, the interest rate for VND loans in different kinds of term on July 14 saw difference change. The overnight lending rate was at 1.38%; that for 1-week term, 2-week term and 1-month term were 1.60%, 1.98% and 2.60% respectively..
Accordingly, the interest rates for VND of the overnight term have dropped to the lowest level since the beginning of the year, closed to USD interest rates in the interbank market. Last week, the interbank rates for USD continued to fluctuate slightly compared to the previous week; At the end of the week, it stood at 1.30% for overnight term, 1.45% for 1-week term, 1.53% for 2-week term and 1.74% for 1-month term.
On the open market, the State Bank of Vietnam continued to offer VND1,000 billion/session in pledged shares during the last five sessions. However, there was no winning auction volume for the 3rd consecutive week. Thus, as of the end of last week, there was no circulation on the pledge channel from June 22, 2017.
Also on the interbank market, USD prices increased in the first session of the week but fell in the rest sessions. At the end of the week, the interbank exchange rate was around 22,728 VND/USD, down VND12 compared to the previous week and close down to the 22,725 VND/USD level.
Ho Chi Minh City has inaugurated the expanded Binh Hung wastewater treatment plant, now the largest facility of its kind in Vietnam.
Vietnam's electric vehicle market, holding just 15 per cent of the automotive market share, shows promise but faces significant challenges in scaling up due to infrastructure and regulatory obstacles.
The reduction aims to boost consumer spending for three months.
Vingroup, one of Vietnam's leading conglomerates, has today broke ground on the National Exhibition and Convention Center project in Dong Anh district, Hanoi.
Vietnam's newly issued Decree 91/2024/ND-CP is expected to remove legal barriers hindering the development of eco-tourism, resort, and entertainment projects in forests, paving the way for sustainable tourism growth.
Vendors in floating markets in Mekong Delta struggle to stay afloat as new roads and embankments push them to the brink.