Heineken to shift production from Singapore to Vietnam and Malaysia
Dutch brewer Heineken will shift its brewing production from Singapore to Vietnam and Malaysia as part of its strategy to build a more agile regional supply approach.
Reference exchange rate up 1 VND at week’s beginning
The State Bank of Vietnam set the daily reference exchange rate at 23,712 VND/USD on May 29, up 1 VND from the last working day of previous week (May 26).
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| Reference exchange rate up 1 VND at week’s beginning |
The opening hour rates at commercial banks decreased.
At 8:15am, Vietcombank listed the buying rate at 23,280 VND/USD and the selling rate at 23,650 VND/USD, both down 10 VND from the end of May 26.
Meanwhile, BIDV kept both rates unchanged at 23,330 VND/USD (buying) and 23,630 VND/USD (selling).
During the week from May 22-26, the daily reference exchange rate followed an upward trend except for May 23, and ended the week up 27 VND./.
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