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The world's 100 largest arms dealers, excluding China, sold weapons and military services worth $411.1 billion dollars (310 billion euros) in 2010, a rise of one percent from 2009, a study published Monday said.
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If someone is caught selling dollars to a gold shop, they will be fined from US$2,400 to $4,800, and the money will be confiscated
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In Ho Chi Minh City, banks are selling the greenback at 1.5 percent above official rates in breach of the law
The State Bank of Viet Nam plans to increase the value of the Vietnamese dong against the US dollar over the next four months in a bid to protect the value of the domestic currency, State Bank Governor Nguyen Van Binh told Sai Gon Economic Times this week.
HCMC – The amount of deposits in foreign currencies, mostly in the U.S. dollar, has fallen substantially as the greenback is losing its appeal given recent policies from the central bank to fight dollarization of the economy. Experts said the trend would continue until a point in time in the near future when banks face the scarcity of the greenback in the coffer.
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State-owned firms in Vietnam have been ordered to sell US dollars to commercial banks, official media said Thursday
State-owned groups, corporations and enterprises that are over 50 per cent State-owned will have to sell foreign reserves (US dollar) to commercial banks from next month, pursuant to a circular released yesterday by the State Bank of Viet Nam, in a move seen by many as controversial.
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Commercial banks in Ho Chi Minh City bought $9.5 billion and sold $9.6 billion in May, according to the State Bank of Vietnam’s HCMC branch
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Many goods and services here are now quoted in US dollars rather than Vietnam Dong to satisfy affluent customers’ demand, though this is against the law
Enterprises providing services for foreigners and selling imported products are still quoting prices in US dollars although it is against the law.
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A place of culture: A customer sights photos in an exhibition that explores traditional Vietnamese culture and festivals. The exhibition has been held in the Vietnamese Culture Center in Paris. Photo PARIS — An exhibit of 80 photos of traditional Vietnamese traditional is happening at theVietnamese Culture Center in Paris, organised through the Vietnamese community in France to celebrate the 122nd birthday from the late Leader Ho Chi Minh.The
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With higher cause: Wild Dream, an oil on canvas painting by Ha Hung Dung, is going to be offered in a charitable organisation auction held by Operation Smile Viet Nam in HCM City now. HCM CITY — Functions by several popular artists goes underneath the hammer in an annual charitable organisation dinner in HCM City on Saturday to boost funds for carrying out cleft palate procedures for Vietnamese children, this time around in Nghe An Province.To