Interest rates on the inter-bank market have surged strongly in the past week despite the central bank’s net injection of VNĐ14.4 trillion (US$612.76 million).

 Moody’s Investors Service on Tuesday upgraded the ratings of 14 Vietnamese banks, driven by its upgrade of Vietnam’s sovereign rating to Ba3 from B1 late last week.

 The Ministry of Finance proposed to cut 51.4 per cent of the total number of business investment conditions under the ministry’s management.

Cargill Cares Council has rebuilt a school to the mountainous commune of Huc in Quảng Trị Province’s Hương Hóa District, its 88th school in Việt Nam under its rural school-building programme.

A major trade fair combining machinery and technology for a wide variety of markets returns to Hà Nội later this year.

Việt Nam has exported its fruit to high-standard markets in recent years, such as the US, the European Union and Japan, but increasing export volume is no easy task.

Hà Nội will support the development of supply chains in the city, from production to consumption, to control quality, increase value of products, as well as help ensure the benefits of all parties involved.

The Directorate of Vocational Education and Training has signed a memorandum of understanding with Việt Nam Logistics Business Association to increase the involvement of logistic firms in educating workforces.

Việt Nam still faces a shortage of policies for start-up development. Ministries therefore are striving to research and propose to the Government new policies for start-up community development, heard attendees at a conference on investment in start-up and innovative firms held in Hà Nội on Tuesday. 

Việt Nam aims to have at least 2 or 3 banks in Asia's top 100 largest banks in terms of assets by 2025.

An international conference on challenges and practical solutions of Việt Nam renewable energy will be held in HCM City on August 23.

The central province of Thừa Thiên-Huế is targeting total investment of VNĐ13 trillion (US$56 million) from enterprises this year, an increase of 20 per cent over last year’s figure.

The State Bank of Việt Nam has approved Asia Commercial Bank (ACB)’s proposal to increase its charter capital from VNĐ11.25 trillion (US$479 million) to VNĐ12.88 trillion ($548.34 million).

Private commercial banks have raised deposit rates by 0.1-0.3 percentage points in the past two months to attract depositors amid rising capital demands.

Total insurance premiums in the first seven months of this year surged by 30.8 per cent year-on-year to VNĐ69.5 trillion (US$2.95 billion), the Ministry of Finance reported.

Việt Nam Dairy Products Joint Stock Company (Vinamilk) has announced plans to finalise the list of shareholders that will receive its first round of dividend payments for 2018 in the form of cash and shares on September 6.

Only 15 per cent of business and investment conditions have been cut or simplified since the start of the year despite an instruction issued by Prime Minister Nguyễn Xuân Phúc to ministries and sectors at the start of the year to take drastic measures to cut administrative procedures.

The Cửu Long (Mekong) Delta province of Kiên Giang solicited investment in 64 projects at an investment forum held in HCM City yesterday (August 13).