Bank warns on USD speculation
The State Bank of Viet Nam has issued an urgent circular to curb speculation and hoarding of US dollars by enterprises.
Dong Nai's nine-month FDI exceeds yearly target
The southern province of Dong Nai, known as one of Viet Nam's most attractive destinations for foreign invested business due to favorable policies and developed infrastructure, attracted a whopping US$1.83 billion in foreign direct investment (FDI) in the first nine months of 2015.
The ratio of bad debts in the domestic banking system dropped to 3.21 per cent at the end of August 2015, from 4.93 per cent recorded in September 2012.
Lending by banks has been accelerating, growing at 18.2 per cent in the year-to-date compared to the same period last year, according to HSBC's monthly report Vietnam at a Glance released last Friday.
The northern coastal province of Quang Ninh is offering investors preferential policies when investing in industrial parks (IP) and economic zones (EZ) from October 10, according to the provincial People's Committee.
The Ministry of Industry and Trade urged businesses to concentrate on free trade agreements' norms in quality and food hygiene amid slump in exports of agriculture, forestry and fisheries products.
Tilapia exports are expected to reach US$130-150 million by 2020, according to the Viet Nam Directorate of Fisheries.
The Viet Nam Steel Association (VSA) recently asked relevant ministries and sectors to revoke the licences of nearly 30 steel projects that have not implemented production technology standards.
VN shares climb on TPP hopes
Shares climbed yesterday on the nation's two exchanges on brightening export prospects driven by the near conclusion of the Trans Pacific Partnership (TPP) free trade agreement.
The State Securities Commission's plan to shorten settlement time for transactions from the current three days to two, may not boost liquidity in the market but benefits investors, experts said.
The Viet Nam Securities Depository (VSD) reported yesterday that 97 foreign investors were granted with trading codes last month.
HCM City cracks down on delays
HCM City cracks down on delays

The recent decision by HCM City authorities to revoke 298 development projects, mainly public works, reveals a determination to take stronger measures against delays.

South Korea plans to boost food exports to VN
South Korea plans to boost food exports to VN

Viet Nam and South Korea signed a free trade agree-ment (FTA) in May and it will take effect next year. Trade between the two countries, including in food products, is expected to soar.


Mountains of coal sludge still threat to lives in Quang Ninh Mountains of coal sludge still threat to lives in Quang Ninh

Wiping sweat from his forehead, 36-year-old Trinh Duc Sang took big strides along a road covered with muddy coal sludge and dirt to the place that was his home until just three weeks ago. He climbed a rickety ladder that buckled under his weight to reach his neigh-bour's house overlooking a creek. From there, he crossed into his old home.

Doctors treat patients for free at clinic in Ha Noi Doctors treat patients for free at clinic in Ha Noi

For more than 20 years, Dang Thi Nhan, 67, has been waking up about 30 minutes earlier each day to bake cakes or prepare tea for two retired doctors in a clinic near her house in Ha Noi's Giap Bat Ward.

Wounds begin to heal between US, Viet Nam 1    Wounds begin to heal between US, Viet Nam

Pham Ba Lu swore thousands of times that he "would not live under the same sky as the United States".

Water resources, eroding land need saving Water resources, eroding land need saving

Water management has become a major topic of discussion in recent years among Viet Nam's lawmakers, experts and society. The country has been struggling to deal with water-related issues such as a rising sea level, land subsidence and saline intrusion in the Mekong Delta. Lawmakers and experts shared their views on water management with Viet Nam News reporters Thu Van and Hoang Anh.