On Tuesday, commercial banks slashed interest rates in a coordinated effort to support businesses and customers who were affected by the novel coronavirus (COVID-19) outbreak. Director General of the Monetary Policy Department under the State Bank of Vietnam (SBV) Phạm Thanh Hà discussed the details of this plan.
Vietnamese shares struggled to stay positive on Wednesday despite the prolonged foreign capital outflow amid worries about the coronavirus pandemic.
The International Exhibition of Products, Telecommunications Services, Information Technology and Communications (ICT Comm) and the International Exhibition of Film and Television Technology (TELEFILM 2020) will be held together in HCM City in September.
The European Union (EU)’s lockdown of its borders to the stop the spread of the novel coronavirus (COVID-19) pandemic had not yet had a significant impact on goods circulation, an official from the Ministry of Industry and Trade said to Việt Nam News Agency.
Global and local gold prices increased on March 18 when the forex rate of US notes went up at most local banks.
The outbreak of COVID-19 has caused a number of large enterprises to postpone their arrangements for the annual general meeting of shareholders (AGMs) in 2020.
Fifteen banks and a finance company have donated VNĐ140 billion (US$8.5 million) to support the fight against the Covid-19 pandemic and help people suffering from drought and saltwater intrusion in rivers around the country.
Việt Nam jumped 23 places from last year to reach 58.8 points, ranking 105th place in the economic freedom index this year.
The Ministry of Transport has proposed Prime Minister Nguyễn Xuân Phúc cut several taxes and service prices for the aviation industry, which is being heavily affected by the COVID-19 pandemic.
KTG Industrial, a subsidiary of the KTG Group focusing on industrial development, on March 17 broke ground for the construction of Nhơn Trạch 3B Industrial Centre phase 2 project at the Nhơn Trạch 3 Industrial Zone in Đồng Nai Province.
An Bình Commercial Joint Stock Bank (ABBANK) has launched the "Cashless payment - Instant cash back" promotion programme for its Visa contactless cardholders.
Việt Nam’s export value of wood and wood products reached US$1.53 billion in the first two months of this year, marking a year-on-year increase of 10.1 per cent, according to a report by the Ministry of Agriculture and Rural Development.
The Ministry of Finance on Monday issued a decision regulating the roadmap for the application of International Financial Reporting Standards (IFRS), replacing the current Vietnamese accounting standards (VAS).
Việt Nam saw a year on year reduction of 3.5 per cent in garment exports of the first two months this year to US$5.3 billion due to the impact of the novel coronavirus (COVID-19) outbreak.
Expected to cost more than VNĐ8.9 trillion (US$382 million), the Philippines-invested cluster combines two farms.
Experts are optimistic about industrial property development prospects in Việt Nam, given the country’s rapid integration and improving investment climate.
The HCM City People’s Committee has asked enterprises participating in the price stabilisation programme to increase the amount of goods in the market this year.
The Government’s plans to increase capital for large State-owned commercial banks in the first quarter of this year could be delayed due to the Covid-19 outbreak, analysts predicted.