Twelve out of 40 commercial banks have so far cleared all their non-performing loans (NPLs) kept at the Việt Nam Asset Management Company (VAMC).
Việt Nam celebrates the 90th founding anniversary of the Communist Party of Việt Nam (CPV) today (February 3, 1930-2020) and the country’s spectacular economic development is an important measure of the Party’s successful leadership.
Amid fears about the worse development of the coronary disease on a global scale, the Vietnamese stock market will keep falling and pharmaceutical stocks are still the centre of attention.
Total pre-tax profit of the 29 companies is roughly VNĐ255 trillion, up 21 per cent year on year.
Provinces in the Cửu Long (Mekong) Delta, the country's largest shrimp producer, are increasing their shrimp output this year and focusing on developing sustainable shrimp farming models that bring high profits.
The prices of pork and facemasks were the centre of discussion at an extraordinary meeting of the steering committee for pricing last week chaired by its head, Deputy Prime Minister Vương Đình Huệ.
The automobile market is expected to boom this year as the Government mulls a number of favourable policies to help reduce costs, improve demand and increase output.
Việt Nam reported an estimated trade deficit of US$100 million in January, according to the General Statistics Office (GSO).
Việt Nam is pursuing an ambitious plan to become a global agricultural powerhouse by 2030, according to Government Resolution 53/NQ-CP.
Prime Minister has approved the national financial inclusion strategy until 2025 with a vision to 2030, targeting at least 80 per cent of adults in the country to have bank accounts.
The HCM City Development Joint Stock Commercial Bank (HOSE: HDB) has reported impressive results for the fourth quarter of 2019, with pre-tax profit increasing by 40.1 per cent year-on-year to VNĐ1.57 trillion (US$67.7 million).
Local property experts have forecast that the domestic real estate market will recover this year.
The HCM City property sector has in recent years attracted billions of dollars worth of foreign investment due to its growth potential, real estate consulting companies have said.
The Ministry of Industry and Trade’s foreign trade agency has asked logistics firms to help Vietnamese agriculture producers following China’s decision to temporarily stop importing local farm products.
Jewellery shops and companies have stockpiled large numbers of “lucky” gold products to meet the surging demand on the God of Wealth Day on the 10th day of the new lunar year, which falls on February 3.
Việt Nam's index of industrial production (IIP) in January declined by 5.5 per cent year-on-year and 11.8 per cent month on month, according to the General Statistics Office (GSO).
The market witnessed steep declines Friday because of concerns over the coronavirus outbreak that dampened investor sentiment.
The Government has finally announced a detailed roadmap to increase charter capital for large State-owned banks in the first quarter of this year.