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The Greenback Takes a Tumble in Vietnam
The US dollar witnessed a surprising decline at commercial banks, plummeting towards the 26,000 VND mark.
The Dominant Force in Binh Duong’s Water Industry Sets Sights on Acquiring Vinh Long’s...
"Biwase, a leading water and environment corporation listed on the Ho Chi Minh Stock Exchange (HOSE: BWE), has announced a resolution by its Board of Directors on May 6th, regarding their decision to invest in Viwaco, a water supply company traded on the UPCoM Exchange (VLW). This strategic investment move underscores Biwase's commitment to expanding its presence and strengthening its position in the water industry."
The Greenback’s Tumble: Central Bank’s Rate Cut Strategy Pays Off
As of May 16th, the USD exchange rate at banks showed an upward trend. Conversely, the black-market USD rate unexpectedly plummeted by 80 VND, trading at 26,300 - 26,400 VND per USD.
