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A week after China began dismantling its tough ‘zero-Covid’ controls, the World Health Organization warned of “very tough” times ahead and state media reported some seriously ill patients at hospitals in Beijing, raising fears of a wave of infections. China last Wednesday announced sweeping changes to testing and quarantine rules, …

The U.S. dollar continued to fall against the dong Wednesday morning at both commercial banks and unofficial exchange points. Vietcombank sold the dollar at VND23,650 Wednesday, down 0.42% from Tuesday. The greenback is now hovering around a three-month low at the state-owned lender. Eximbank sold the greenback at VND23,620, down …

The Ministry of Finance has proposed a number of measures to ease difficulties for bond issuers after a recent crackdown on violations deterred businesses from venturing into the market. In a draft decree that is being reviewed by other government agencies, the ministry has proposed that bonds can have their …