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Vietnam's foreign exchange reserves exceed $ 60 billion

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Vietnam's foreign exchange reserves exceed $ 60 billion

Unread postby admin » Sun Apr 01, 2018 9:12 am

Vietnam's foreign exchange reserves exceed $ 60 billion

01-04-2018 11:48 AM

Vietnams foreign exchange reserves exceed 60 billion

Baghdad News -
HANOI (Reuters) -

Vietnamese Prime Minister Nguyen Chuan Fuk said the country's foreign exchange reserves exceeded $ 60 billion. Foreign exchange reserves in the South-East Asian country have seen steady growth in recent years, supported bystrong exports. The government announced a trade surplus of $ 1.3 billion for the first quarter of this year.

"We are trying to improve the business environment in Vietnam and aim to make it one of the most positive and competitive business environments among Asian countries," Fok said in a speech at a regional economic summit in Hanoi, referring to the Association of Southeast Asian Nations. The prime minister reiterated that the government plans to reduce the corporate income tax rate to 15-17 percent from 20-22 percent now.

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