VNPT and MobiFone officially transferred to CMSC

The Ministry of Information and Communication on Monday transferred the ownership of giant telecom service providers Vietnam Post and Telecommunications Group (VNPT) and MobiFone Telecommunications Corporation to the Committee for State Capital Management (CMSC) on Monday.

VN maintains tariffs on steel imports

Việt Nam’s Ministry of Industry and Trade (MoIT) on Monday released a decision to maintain anti-dumping duties on H-shaped and coated steel products imported from China and the Republic of Korea.

Credit institutions urged to resolve bad debts

Governor of the State Bank of Việt Nam Lê Minh Hưng has urged credit institutions and foreign banks’ branches to further speed up the settlement of non-performing loans (NPLs).

SBV urges customer info security

The State Bank of Việt Nam has issued a decree asking businesses to enhance customer information privacy after an alleged breach of mobile retail chain Thế Giới Di Động (Mobile World) revealed personal information of more than five million customers.

Vinaconex set to lock foreign holdings at zero

The State Securities Commission has given nod to Vinaconex’s request to lock its ceiling foreign ownership ratio at zero per cent, saying it complies with the existing regulations.

LienVietPostBank and BC Card promote digital banking

LienVietPostBank and BC Card - the largest credit card network in South Korea on Monday in Hà Nội signed a memorandum of understanding (MoU) for co-operation to promote non-cash payment in Việt Nam.

CPTPP offers a brighter future

National Assembly deputies voted to pass the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) at a meeting on Monday afternoon, making Việt Nam became the seventh country to approve the trade deal, following Australia, Japan, Mexico, Singapore, New Zealand and Canada.  Economist Võ Trí Thành speaks about the impacts of the CPTPP on Việt Nam as well as the country’s integration landscape.

 

 

 

New aviation decree to ease burden for firms

A Governmental decree drafted by the transport ministry to simplify business conditions for potential investors in the aviation sector has been sent to the Prime Minister for approval.

Stocks up despite weak sentiment

 Vietnamese shares were saved on Monday despite investors’ unwillingness to buy while a strong comeback of oil prices helped lift the petroleum sector.

Green lifestyles: a boon for wood companies

Firms in the wood industry enjoy a great advantage with the rising preference of green lifestyles, experts said at a seminar on environmentally friendly lifestyles and wooden products in HCM City on November 12.

Việt Nam and Barcelona to boost trade co-operation

Barcelona Port’s president Merce Conesa said she looked forward to connecting with Vietnamese businesses, especially in the field of logistics for mutual development, at a conference held on Monday in Hà Nội.

VN becomes 7th member of CPTPP trade deal

Viet Nam has officially become the seventh member of the Comprehensive and Progressive Trans-Pacific Partnership (CPTPP) after all National Assembly (NA) deputies on Monday approved a resolution on the agreement.

NA okays changes for mid-term public investment budget

The National Assembly (NA) on Monday morning passed a resolution adjusting the middle-term public investment budget for the 2016-20 period, increasing total overseas borrowing to VNĐ360 trillion (US$16 billion) from VNĐ300 trillion.

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