Banking & Finance

Vietnam, US cooperate to strengthen infrastructure finance

Vietnam, US cooperate to strengthen infrastructure finance

The cooperation framework would support mobilizing capital from the private sector and developing financial markets for infrastructure development, in turn helping Vietnam realize its priorities in the field in near future, said a Vietnamese vice finance minister.

Vietnam PM dismisses deliberate devaluation of currency

Vietnam PM dismisses deliberate devaluation of currency

A devaluation of the VND would have serious consequences on macro-economic stability, the trust of investors and the people, resulting in a big loss to the economy, Prime Minister Nguyen Xuan Phuc has said.