Thu Sy Fish-Pot Making Village

Thu Sy Fish-Pot Making Village

(VOVworld) - About 60 km from Hanoi, Thu Sy commune in Hung Yen province is famous for its local traditional job of weaving fish pots. This is a major source of income of the...
Chinese Yuan granted reserve-currency status

Chinese Yuan granted reserve-currency status

(VOVworld) – The International Monetary Fund has decided to include the Chinese Yuan in the Special Drawing Rights basket (SDR). The Yuan has become the 5th currency in SDR together with the US dollar,...
Russian travel firms gauge local market

Russian travel firms gauge local market

(VOVworld) - Representatives of 10 Russian travel agencies have started to survey tourism services and products in a number of destinations in Vietnam including Ho Chi Minh City, Nha Trang and...
Actively stabilize the macro-economy

Actively stabilize the macro-economy

(VOVworld) – Prime Minister Nguyen Tan Dung on August 25 chaired a government meeting on the impacts of the global economic crisis on Vietnam’s economy. Prior to the meeting, Vietnam...
Story behind yuan devaluation

Story behind yuan devaluation

(VOVworld)- The biggest 3-day devaluation of Chinese yuan since the establishment of the modern forex system in 1994 has shocked regional and global financial markets. The reasons behind...
China readjusts Yuan exchange rate

China readjusts Yuan exchange rate

(VOVworld) – China decreased its Yuan currency by 1.6 per cent on its rate against the US dollar on Wednesday, following Tuesday’s decrease of 1.9 per cent