Businesses hope for State reforms in 2015
The local business community in Viet Nam is hoping that this will be breakthrough year in terms of reforming economic institutions and administrative procedures.
Incentives needed to drive auto industry
Viet Nam's automobiles industry has experienced two decades of formation and development with many businesses encouraged to join the auto support industry.
In-depth monetary market management
The word "belief" has cropped up often during the recent months when one talks about the monetary market and the management policies by the State Bank of Viet Nam (SBV).
Circular will revamp stock market
Since its issuance late last year, Circular 36/2014/TT-NHNN, which set limits on how much banks can lend to stock investors, has had a strong impact on both credit institutions and the securities market. Investors fear that the total amount available for margin loans will drop dramatically after the Circular takes effect on February 1.
Urban property market set for a good year
The domestic real estate market is likely to warm up this year, with the amended Housing Law allowing foreigners to buy property. Viet Nam News reporter To Hang talked with economic expert Nguyen Tri Hieu about this issue as well as the most promising segments in the property market.
Vietnamese firms need long-term vision
In 2014, the Government took the initiative to speed up restructuring of State-owned enterprises, but it also needs to strengthen its focus on another pillar of the economy, the private sector, which is key to the nation's future sucesss, says Wendy Jo Werner, the World Bank Group's Practice Group Manager on Trade and Competitiveness for the East Asia and Pacific region.
VAMC to buy $4.67b in bad debt
A new circular that takes effect in April this year will force credit institutions to apply international standards in classifying and assessing bad debts, but the problem still requires a different approach and understanding, Nguyen Quoc Hung. Chairman of the Viet Nam Asset Management Company (VAMC), tells local media.
Viet Nam shows signs of recovery, despite difficulties
The Vietnamese National Assembly (NA) has approved many targets for the country's socio-economic development in 2015, including for the GDP and CPI growth. Deputy Director of the Hanoi Institute for Socio-economic Development Studies Nguyen Thanh Binh speaks to Outlook about the country's potential to reach these targets.
Foreign currency lending to continue
The State Bank of Viet Nam will continue to allow credit institutions to give loans in foreign currencies to export companies and petrol wholesalers till the end of 2015.
FDI info system launched
Director o the Ministry ofPlanning and Investment's Foreign Investment Agency Do Nhat Hoang spoke to Dau Tu (Investment) newspaper about how the new national information system for foreign investment would benefit investors.
Revised laws to improve business conditions
The Minister of Planning and Investment, Bui Quang Vinh, spoke to reporters about changes made to the amended Law on Enterprise and Law on Investment, both recently approved at the eighth session of the 13th National Assembly.

Highlight

Wild peach branches disappear as demand rises Wild peach branches disappear as demand rises

It's hard to find ancient wild peach branches on sale in the northern mountainous province of Son La, due to their overexploitation by the local people.

Flower Road to be opened today Flower Road to be opened today

The Flower Road in HCM City's Ham Nghi Street will be opened to the public at 7pm today. Viet Nam News photographer Van Dat presents different images of the Flower Road, as seen through his lens.

Vietnamese consumer confidence "largely intact": Economist Vietnamese consumer confidence "largely intact": Economist

Vietnamese consumers started 2015 with their confidence broadly unchanged after a tumultuous 2014, ANZ Bank Economist Glenn Maguire said in a recent report.

Viet Nam ranks 10th worldwide in remittances Viet Nam ranks 10th worldwide in remittances

Viet Nam was among the top 10 countries in the world with the largest amount of remittances from abroad last year, with around US$12 billion, according to the Western Union company, which handles money transfers worldwide.

Viet Nam sit at 137th in world football rankings Viet Nam sit at 137th in world football rankings

Viet Nam jumped up four steps in international football rankings, according to FIFA's latest list.