Improving national reserve potential

Improving national reserve potential

VCN- The State budget has allocated more than VND 8,000 billion to the national reserve for 2011-2020.
Reserve force makes best efforts to implement dual task

Reserve force makes best efforts to implement dual task

VCN - In recent days, the State Reserves Departments in Binh Tri Thien and NgheTinh regions have made their best efforts to promptly provide rice and rescue materials to aid flood-hit victims.
Vietnam’s forex reserve sets new record

Vietnam’s forex reserve sets new record

Vietnam’s foreign exchange reserve has hit a new record high of US$92 billion, a significant expansion from US$84 billion which Governor of the State Bank of Vietnam Le Minh Hung revealed in April.
New round of bidding to be opened to buy insufficient quantity of reserve rice under Prime Minister

New round of bidding to be opened to buy insufficient quantity of reserve rice under Prime Minister's direction

VCN- Following the direction of the Prime Minister, the Ministry of Finance (General Department of State Reserve) has recently opened a new round of bidding to buy 190,000 tons of national reserve rice in 2020.
Temporarily reserve 50% of local budget reserve for preventing loss of revenue

Temporarily reserve 50% of local budget reserve for preventing loss of revenue

The Ministry of Finance suggested strengthening operational measures for the implementation of finance and local budget tasks in the last months of 2018.
The Reserve: Ready for providing enough goods to cope with disaster consequences

The Reserve: Ready for providing enough goods to cope with disaster consequences

VCN - The General Department of State Reserves has allocated 64,900 tons of rice and equipment for relief purposes
Aiding store rice to support locals for ensuring quality and quantity

Aiding store rice to support locals for ensuring quality and quantity

The General Department of State reserves has completed the drawing and support for 17 provinces and cities with 14,114 tons of rice
Vietnam may tap foreign reserves to bolster currency: central bank

Vietnam may tap foreign reserves to bolster currency: central bank

The State Bank of Vietnam stands ready to stabilize the dollar/dong exchange rate by selling foreign currency.
Foreign reserves hit record high of US$40 billion: central bank

Foreign reserves hit record high of US$40 billion: central bank

With over 40 billion in foreign currency reserves Vietnam can cover three months of imports
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