BIDV clears bad debts at VAMC

The Bank for Investment and Development of Vietnam (BIDV) has cleared all non-performing loans it had previously sold to the Việt Nam Asset Management Company (VAMC), the bank’s chairman Phan Đức Tú said.

HCM City records $480m of FDI in first two months

More than US$480 million worth of foreign direct investment (FDI) was poured into HCM City during the first two months of the year, which was equal to 47 per cent of FDI in the same period last year.

Russia to import Việt Nam’s processed chicken

The Russian Federal Service for Veterinary and Phytosanitary Surveillance (VPSS) has allowed the import of Việt Nam’s processed chicken into Russia, according to the Ministry of Agriculture and Rural Development’s Department of Animal Health on Sunday.

Gold prices climb in the market

Global gold prices pushed above the US$1,700 per ounce level for the first time since late 2012 on Monday, when local gold prices also soared.

Support packages take effect, but need to be stronger

Support packages from the Government and banks would contribute to partly reducing difficulties for enterprises affected by COVID-19, but stronger measures should be taken for the most hard-hit industries, experts said.

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