The death toll in Vietnam from Asia’s worst storm, this year, reached 127 on Tuesday, with torrents of rain triggering floods and landslides. It is burying homes, sweeping away a bridge and now threatening the capital Hanoi. Residents waded through knee-high floods in several northern provinces, including the suburbs of Hanoi. Brown water cascaded down […]
The average export price of Vietnam’s rice reached $539 per ton in the first six months of this year, up 10 per cent year-on-year. The price touches the highest level in the past 10 years, according to the General Department of Vietnam Customs. The country exported more than 4.2 million tons of rice, worth $2.26 […]
The State Bank of Vietnam, on Tuesday, said it would cut policy rates by 100 basis points from Wednesday to address the liquidity problem for households and businesses. The bank will cut the discount rate to 3.5 per cent from 4.5 per cent. It will cut the interbank overnight lending rate to six per cent […]