Tag: Fed rate cuts

The May 2025 Foreign Exchange and Interest Rate Strategy Report, crafted by UOB (Singapore)'s Global Economics and Market Research team and released on May 9, 2025, reinforces the view that the U.S. dollar is poised to remain weak relative to other major currencies.

"VNPAY is proud to announce that it has become a pioneer in Vietnam and the 26th organization globally to attain the prestigious MPoC security accreditation – the latest international standard for mobile payments. This significant milestone underscores VNPAY's commitment to bringing cashless transactions closer to the masses, from small businesses to large enterprises, marking a pivotal step in the country's journey towards a more inclusive and secure digital economy."

"The disbursement of public investment funds has fallen short of expectations, prompting a stern response from the Prime Minister. Alongside demanding immediate solutions, the Prime Minister has called for stringent action against any agencies, units, or individuals found responsible for this lapse."