Gap widens in deposit interest rates

A gap has opened up between deposit interest rates offered by different categories of banks due to differences in their liquidity, cash demand and status, according to analysts.

Deal inked on high pressure tech food plant

Canada’s MHEnviron Group, Việt Nam’s Minh Hưng Group and the US-based Avure Technologies signed on February 27 a memorandum of understanding to build a HPP (high pressure processing) technology food manufacturing and processing plant in Việt Nam.

Hà Nội to develop non-cash payments

The Hà Nội People’s Committee recently issued a plan to develop non-cash payments, urging all supermarkets and restaurants to put in place cashless payment devices or systems by 2020.

Gov’t funds won’t rescue loss-making projects

The Government would not use public funds to rescue 12 loss-making projects under the jurisdiction of the Ministry of Industry and Trade (MoIT), Deputy Prime Minister Vương Đình Huệ said.

Shares up on bank stocks, oil rises

A huge purchase of banking shares in the final minutes of Tuesday’s session on the local stock exchanges drove shares up, after a brief fall at the beginning of the session.

EU gives 108m euros for Viet Nam's energy

The European Commission and the Ministry of Industry and Trade (MoIT) officially launched the European Union (EU) – Việt Nam Energy Facility worth 108 million euros on Tuesday in Hà Nội.

Việt Nam on right path to protecting intellectual property: US report

Việt Nam has taken steps towards aligning its intellectual property (IP) framework more closely with its Southeast Asian peers, according to the sixth annual International IP Index, which analyses the IP climate in 50 world economies, released yesterday (Feb 27) by the US Chamber of Commerce Global Innovation Policy Center.

Crab price highest in 5 years

The price of commercial crabs in Bạc Liêu Province as well as in other provinces in the Cửu Long Delta region has reached a record high since early this year.

Vingroup appoints new CEO

Property developer Vingroup appointed Nguyễn Việt Quang its General Director on Sunday replacing Dương Thị Mai Hoa.

Site clearance for airport to cost US$1bn

Land reclamation, compensation and resettlement support for the construction of Long Thành International Airport in the southern province of Đồng Nai is estimated to cost nearly VNĐ23 trillion (US$1.01 billion).

Vincom Retail poised to join ETF portfolios

Vincom Retail could be added into the investment portfolios of the two major foreign-run exchange traded funds (ETFs) on the Vietnamese securities market: FTSE Vietnam ETF and VNM Vietnam ETF.

Lack of supporting industries highlighted

More efforts should be made to develop supporting industries to strengthen the competitiveness of domestic enterprises and the country’s economy, economists said.

Ministry stalls shadow economy study

After much debate over the true nature of undocumented market transactions in Việt Nam, otherwise known as the shadow economy, officials have again postponed the release of an accredited study on the matter.

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