Lenders boost consumer loans at year-end

Both finance companies and banks are promoting consumer lending to capitalise on high demands ahead of the country’s largest holiday Lunar New Year (Tết).

Work starts on large paperboard mill

Marubeni Group from Japan on Thursday kicked off construction on its new paperboard mill project, worth VNĐ4.81 trillion (US$206 million), in the southern province of Bà Rịa – Vũng Tàu.

Thai firms looking for Vietnamese partners

Twenty Thai firms from the refrigeration, heating, ventilation, air conditioning, electrical components, and electronics industries on Friday took part in a business matching event in HCM City to find local partners.

PV Gas co-ooperates with Japan to manage LGP distribution

On Thursday, PetroVietnam Gas Corporation (PV Gas), PetroVietnam Southern Gas Joint Stock Company (PV Gas South) and Japan Cooperation Centre Petroleum (JCCP) signed a co-operation agreement to develop a liquefied petroleum gas (LPG) distribution management system.

Canada protects two Vietnamese brands

Việt Nam’s two brands with geographical indication (GI) certification, Phú Quốc Fish Sauce and Buôn Ma Thuột Coffee, are protected in the Canadian market under the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP).

Ikea to open retail centre in Hà Nội

Swedish home furnishings giant IKEA plans to build a retail centre and warehouse system in Hà Nội with an investment of US$450 million, said Nguyễn Đức Chung, chairman of the city’s People’s Committee.

SBV approves Shinhan’s acquisition of Prudential Vietnam

On Thursday, the State Bank of Việt Nam (SBV) issued a decision approving the purchase, sale and transfer of all contributed capital of Prudential Holborn Life Limited at Prudential Vietnam Finance Company Limited to Shinhan Card Co., Ltd.

Digital economy: new driving force for VN’s development

Living life in a digital age is a key component for the future growth of Việt Nam. That was the message from Prime Minister Nguyễn Xuân Phúc who was speaking at the Việt Nam Economic Forum (VEF) held by the Central Economic Commission on Thursday in Hà Nội.

Prospects look good for VN’s economy in 2019

Việt Nam has experienced a year of socio-economic achievements. For example, economic growth continues at a high level; the macroeconomic environment remains stable; inflation is under control; the trade surplus is at record levels; and the State budget deficit is stable.

HCMC to support big firms

HCM City plans to provide greater support to large firms and solicit investment in infrastructure this year, Nguyễn Thành Phong, chairman of its People’s Committee, said at a review meeting this week.

Seven life-changing financial resolutions for 2019

Do you have some bad financial habits? If so, then you are certainly not alone, since a massive 78 per cent of us will admit to behaving badly with money, according to a new survey by financial services provider OneFamily.

Việt Nam in need of new energy

Việt Nam should have ample motivation to exploit new and clean energy to ensure energy security and address environmental issues. Former US Secretary of State John Kerry spoke at a press conference on the issues. Việt Nam News journalist Nguyễn Linh Anh reports.

Large-cap stocks pull markets down

More than 80 per cent of large-cap stocks on the Hồ Chí Minh Stock Exchange declined on Thursday, dragging down the benchmark VN-Index.

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