Credit growth prospects looking brighter
State Bank of Viet Nam Governor Nguyen Van Binh believes that the banking sector will realise its credit growth target of 12 per cent this year, according to a Viet Nam Investment Review report.
Target on ODA disbursement ‘is within reach'
Viet Nam is on track to fulfil its target of attracting US$32-34 billion in Official Development Assistance (ODA) and preferential loans during the 2011-15 period, along with capital disbursement of $14-16 billion.
FTAs offer business opportunities
Small- and medium-sized enterprises should learn how to take advantage of new Free Trade Agreements (FTAs) that will take effect within the near future, ministry officials have urged.
Vietnam, Italy step up financial ties
Vietnamese Deputy Finance Minister Do Hoang Anh Tuan is on a visit to Italy from June 15-20 to seek stronger ties with Italy's Ministry of Economy and Finance.
TienPhong raises charter capital
TienPhong Bank has raised its charter capital from VND3 trillion (US$142.9 million) to VND5.55 trillion ($264.3 million).
New insurance firm opens doors
The PVI Sun Life Company has become the latest life insurance company to do business in Viet Nam, launching its operation and sales on Sunday in HCM City.
Nippon Paint factory building begins
Nippon Paint yesterday began construction of its new factory that will produce industrial paint for automobiles and motorcycles, heavy duty coatings, decorative paint, marine coatings and resin in northern Vinh Phuc province.
BKAV offers early warning system against cyber attack
The Bach Khoa Anti-virus Centre has promised to help companies and other organisations combat cyber attacks by providing them early warning systems.
NZ group to sell colostrum supplements in Viet Nam
New Zealand's New Image Group, which sells nutritional supplements made from cow colostrum, says its plan to penetrate the Southeast Asian market by starting a representative office in Viet Nam.
Quang Nam mineral water plant targets 100cu.m per day
The central Quang Nam Province inaugurated the Mineral Water Plant in Phu Ninh District on Saturday.
Largest poly-metallic mine to be operational soon
The country's largest poly-metallic mine in the northern province of Thai Nguyen is set to roll out its first products, deputy director-general of Nui Phao Mining Company Limited Vu Hong said.
Industry insider assesses insurance market
Industry insider assesses insurance market

"I believe that life insurance products with a focus on investments have a great future in Viet Nam," Ly Nhon , chief financial officer, AIA Vietnam and an International financial expert, told the Viet Nam News on the outlook of financial offerings.

Dollar sell rate peaks in Viet Nam
Dollar sell rate peaks in Viet Nam

The State Bank of Viet Nam has been selling the US dollar with a cap of VND21,036 for the past two days after maintaining the price at VND21,005 for over a fortnight.

Petrol price hike spooks markets
Petrol price hike spooks markets

The unexpected rise in petrol prices late on Friday hit the stock market yesterday with indices falling on both major exchanges.

Hightlight

Income not the only measure of poverty Income not the only measure of poverty

Viet Nam's poverty rate is estimated at around 10 per cent but the number of people who do not achieve social well-being is believed to be much higher. It's necessary to go beyond income when defining people's experiences.

Clouds cover VN weather forecasting Clouds cover VN weather forecasting

Viet Nam has so far only accomplished 30 per cent of the workload to modernise weather forecasting technology and upgrade monitoring systems.

Viet Nam private equity outlook bounces back Viet Nam private equity outlook bounces back

Investors viewing Viet Nam's investment environment favourably has increased over the last six months, according to a bi-annual survey on the nation's private equity outlook done by Grant Thornton Vietnam.

City taxi inspectors urged to crackdown on violations City taxi inspectors urged to crackdown on violations

Taxis operating in HCM City will be subject to greater scrutiny and punishment in the coming months, says Duong Hong Thanh, deputy director of the city's Transport Department.

Shares slide but outlook remains bright Shares slide but outlook remains bright

The VN-Index on the HCM City Stock Exchange tumbled during all five sessions last week, concluding the week off 3.6 per cent to 509.03 points.