Expand credit to prevent usury, central bank asks
The State Bank of Việt Nam has asked domestic credit institutions and foreign banks’ branches to expand credit for business, production and consumption as an effort to prevent usury.
Vinacomin forecasts more demand for coal
The Việt Nam National Coal – Mineral Industries Holding Corporation Limited (Vinacomin) forecasts another 10 per cent in local consumption demand this year.
SBV keeps preferential interest rate for social housing unchanged
The commercial banks’ preferential interest rates will be remain unchanged at 5 per cent for social housing this year, according to a decision of the State Bank of Việt Nam (SBV).
Phú Thọ to lure investment into new IPs
Once established, the parks will open up opportunities for the province to lure new domestic and foreign investors, contributing to socio-economic development, it said.
PwC, Deloitte receive 'good' accreditation in 2019
Two auditing firms were graded “Good” by the State Securities Commission (SSC) regarding the quality of their services in 2019, while eight others were deemed “Acceptable”.
TNG records sales up 26 per cent in 2019
TNG Investment and Trading JSC has announced total sales in 2019 of VNĐ4.56 trillion (US$198 million), up 26 per cent year on year.
VRG listing plan approved
The Hồ Chí Minh Stock Exchange (HoSE) has approved the listing of four billion shares for the Vietnam Rubber Group JSC (VRG).
Việt Nam's economy shines in 2019 but concerns exist for 2020
Analyst’s Pick: Việt Nam's economy has shone in 2019. There are still concerns from the perspective of sustainable development, innovation promotion and the feelings of the market.
182 rice traders certified as eligible for rice exports
The Ministry of Industry and Trade has granted 47 certificates of eligibility to rice export businesses over the past year, lifting the number of rice exporters to 182 traders.
Procedures for starting a business to be cut this year
Việt Nam would strongly cutting the number of procedures needed to start a business this year as an effort to improve the country’s business climate.
Cỏ May to supply pangasius fish to Saigon Food
Cỏ May Group has signed a memorandum of understanding with the Saigon Food Joint Stock Company to supply pangasius.
PM asks statistics office to improve macro-economic analysis, forecasting
Prime Minister Nguyễn Xuân Phúc asked the General Statistics Office (GSO) to improve macro-economic analysis and forecasting while addressing a conference to launch tasks for the sector this year in Hà Nội on January 6.
Vietnam Airlines adds flights for Tết holiday
The national flag carrier Vietnam Airlines plans to offer nearly 600 flights during the Tết (Lunar New Year) holiday from January 9 to February 2 this year, marking a year-on-year increase of 12 per cent.
Oil stocks fail to rescue market
Petroleum stocks gained ground thanks to rising global oil prices but could not rescue market from falling, strongly hit by selling demand.
Owners of Cocobay Đà Nẵng condotels propose solution to profit problem
Many owners of units at the Cocobay Đà Nẵng condotel project have proposed to convert profits owed by Thành Đô Company into land or houses at Cocobay, according to a statement from Thành Đô.
Prudential Vietnam in insurance distribution deal with SeABank
Prudential Vietnam and the Southeast Asia Joint Stock Commercial Bank (SeABank) on Monday announced they have entered into an exclusive 20-year bancassurance partnership.
Industry calls for national technical regulation for raw cashew
The Việt Nam Cashew Association wants the Ministry of Agriculture and Rural Development to draft national technical regulations for raw cashew nuts so that processors can ensure the quality of imported raw material.
Footwear, handbag sector eyes export target of $24b in 2020
The footwear and handbag industry aims to reach export revenue of US$24 billion in 2020, after hitting $22 billion last year, the industry association said.
EVN and Laos’ Phongsubthavy Group sign power purchase agreements for two hydropower projects
The Electricity of Vietnam (EVN) and Phongsubthavy Group of Laos on January 4, 2020 signed power purchase agreements (PPA) for the 69MW Nam San 3A and 45MW Nam San 3B hydropower plant projects in Hà Nội.
Firms urged to comply with origin rules amid escalating protectionism
The Ministry of Industry and Trade urged firms to strictly comply with rules of origin to avoid negative impacts on exports amid escalating trade defence measures.
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