September 22, 2023

Vietnam treasury bills raise relieve pressure on VND

The State Bank of Vietnam has announced that it issued treasury bills to the value of VND 10 trillion (US$411 million) yesterday, The Investor is reporting. The online publication says this is ‘related to exchange rate developments in recent days.’ Pressure has been mounting on the dong in recent months

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AI, machine learning used to forecast petrol price in Vietnam?

Vietnam Petroleum Institute (VPI) a part pf PetroVietnam, is apparently using machine learning and AI to predict Vietnam’s petrol price, Vietnam Plus is reporting.  Eds note: It’s unclear how or why this might be–petrol prices set by the Ministry of Industry and Trade and the Ministry of Finance based on

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Brokerages benefiting a lot from Vietnam’s lower interest rates

The value of stocks in brokerages in Vietnam are through the roof as lower interest rates have drive retail invested to shift their funds from savings accounts to stocks, according to Bloomberg via Yahoo! Finance. This is also reflected in the VNIndex which is up 21 percent according to the

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Vietnam Airlines’ Vietnamese pilots to receive a pay rise

A ‘salary fund’ has been approved for Vietnam Airlines that will be used to close the gap between local pilots and foreign pilots working for the national carrier. Currently, Vietnamese pilots are paid less than half of their foreign counterparts, Vietnam News is reporting. It’s not clear from the article

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