Business New milestones in Vietnam – India trade Two-way trade between Vietnam and India has grown annually by an average of over 20 percent, higher than trade growth between Vietnam and other nations, since the establishment of bilateral diplomatic ties in 1972, bilateral strategic partnership in 2007 and comprehensive strategic partnership in 2016.Business Reference exchange rate up 7 VND The State Bank of Vietnam set the daily reference exchange rate at 23,222 VND/USD on December 16, up 7 VND from the previous day. Business Vietnamese, German firms join hands in developing wind power projects The Construction Joint Stock Company 47, Vu Phong Energy Group and Steag Energy Services GmbH of Germany signed in Hanoi on December 15 a memorandum of understanding (MoU) on jointly providing consultancy services for the implementation of wind power projects nationwide. Business Vietnam Airlines strikes fleet restructuring deal with ALC Vietnam Airlines has signed a comprehensive fleet restructuring agreement with the US-based Air Lease Corporation (ALC) in efforts to help the national flag carrier surmount difficulties caused by the COVID-19 pandemic.

Source: Viet Nam News December 16, 2021 05:15 UTC