Constipated credit flows stunt enterprises
Constipated credit flows stunt enterprises
Improving credit flows between banks and enterprises was important at a time when bad debts remained uncleared and businesses were struggling, a seminar in Ha Noi heard yesterday.
Exports to India rise sharply
Exports to India rise sharply
Two-way trade between Viet Nam and India hit US$498.4 million in April, up 77.7 per cent compared to the same period last year.
Banana profits ripen
Banana profits ripen
Farmers from the Mekong Delta are earning high profits from bananas exported to China. Nguyen Hoang Bac, a trader from Dong Thang Commune in Can Tho City's Thoi Lai District, said he had hired 20 to 30 workers to purchase 15 to 20 tonnes of bananas from plantations in the region each day.
VPBank, VCCorp enter partnership
VPBank, VCCorp enter partnership
The Viet Nam Prosperity Joint Stock Commercial Bank (VPBank) and the Viet Nam Communications Corporation (VCCorp) recently signed a strategic agreement in Ha Noi aimed at providing better services to their customers.
Nghe An opens five-star hotel
Nghe An opens five-star hotel
The Muong Thanh Hotel Chain on Sunday inaugurated the first five-star hotel in Vinh City in central Nghe An Province.
SCB introduces online term deposits
SCB introduces online term deposits
Standard Chartered Bank Viet Nam has launched online term deposits, allowing customers to make daily term deposits at the highest interest rates and make unlimited withdrawals.
VN exports quality rice to Haiti
VN exports quality rice to Haiti
The General Director of the Haiti Bureau of Monetisation of Development Aid Programs (BMPAD), Michael Lecorps, has spoken highly of Viet Nam's rice quality.
PVF shareholders approve merger plan
PVF shareholders approve merger plan
A shareholder meeting on Saturday of PetroVietnam Finance Corp (PVF) resolved that the company would merge with Western Bank to form a new institution.
Officials off to Thailand to boost tourism
Officials off to Thailand to boost tourism
Twenty-five Thai and Vietnamese officials headed by the Royal Consul General in HCM City visited southern Viet Nam yesterday on their way to Bangkok to promote tourism activities.
Vinacomin clarifies tax confusion
Vinacomin clarifies tax confusion
The Viet Nam National Coal-Mineral Industries Holding Corp (Vinacomin) has clarified a statement on the export of aluminum oxide (alumina).
Moody's rating for VietinBank ‘stable'
Moody's rating for VietinBank ‘stable'
Moody's Investors Service yesterday affirmed the debt and deposit ratings of the Viet Nam Bank for Industry and Trade (VietinBank) as B2 in local currency and B3 in foreign currency. The outlook on the bank's ratings is stable.

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Business Insight
Viet Nam to gain from trade flow shift
Viet Nam to gain from trade flow shift

Noel Quinn, HSBC Group General Manager and Regional Head of Commercial Banking Asia Pacific recently had a visit to Viet Nam, one of HSBC's important markets.

Banking - Finance
Constipated credit flows stunt enterprises
Constipated credit flows stunt enterprises

Improving credit flows between banks and enterprises was important at a time when bad debts remained uncleared and businesses were struggling, a seminar in Ha Noi heard yesterday.

Markets
Government report lifts market
Government report lifts market

Shares climbed towards the end of yesterday's session on the two national stock exchanges amid investor optimism over positive outcomes from the Government report at the National Assembly meeting which opened that morning in Ha Noi.

Hightlight

Tax code reforms to decipher dependents Tax code reforms to decipher dependents

People who are dependent on personal income tax payers will be given their own tax codes to avoid people lodging claims as dependents of more than one taxpayer.

Farmer-firm linkups remain elusive despite Gov't efforts Farmer-firm linkups remain elusive despite Gov't efforts

More than 10 years after the Government unveiled policies to encourage tie-ups between farmers and businesses, the proportion of farm produce sold through such contracts remains modest.

Buddha statues highlight heritage Buddha statues highlight heritage

An exhibition of Buddhist artefacts from the 11th to 20th century opened yesterday at the HCM City-based Xa Loi Pagoda.

Australian book to provide ‘limitless' inspiration Australian book to provide ‘limitless' inspiration

A book by Australian limbless victim Nick Vujicic was launched in Vietnamese yesterday.