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Day: October 19, 2024
Vietnam beverage maker to pay US$860K for North Korea sanctions breach
The use of US dollars and involvement of US financial institutions led to violations of the North Korea Sanctions Regulations by causing U.S. financial institutions to export financial services to North Korea in violation of U.S. sanctions laws…
Vietnam dairy imports fall 21 percent September over August
Of note, New Zealand, the largest supplier, saw an 18.78 percent decrease in imports, with US$19.97 million recorded in September. The USA also experienced a steep decline, with a 33.50 percent drop in imports, amounting to US$7.98 million…
Vietnam’s banks have lent more than they hold in deposits: State Bank
Bank loans now exceed deposits VND 14.7 quadrillion to VND 14.5 quadrillion, Dao went on to say. Of note, this would give Vietnam’s banks a collective loan deposit ratio of 101.38 percent with anything over 80 percent generally considered ‘risky’…
Q2 2025