HCM City tops state budget revenue target

Total state budget revenue in HCM City reached VNĐ347.98 trillion (US$15.32 billion) in 2017, slightly more than the year’s target, and up 13.5 per cent compared to 2016, according to the city’s State Treasury.

Facebook urged to delete defamatory content

Information and Communications Minister Trương Minh Tuấn acknowledged on Thursday that social network site Facebook has co-operated with the Government of Việt Nam in dealing with defamation of the nation.

Companies upbeat on 2017 earnings

Last year was favorable for hydropower companies as demand for electricity grew faster than power capacity. This was enhanced by early rainfall which helped increase production.

Capital to develop 11m sq.m housing

The capital city of Hà Nội is planning to develop housing area covering 11 million sq.m in 2018, according to the municipal Department of Construction.

People facing online password dilemma

With their growing dependency on online accounts, people are increasingly facing a dilemma – how to choose strong passwords to protect themselves and their data.

Sale of motorcycles up in 2017: VAMM

Members of the Vietnam Association of Motorcycle Manufacturers (VAMM) sold more than 3.2 million motorcycles in 2017, marking a year-on-year increase of 4.8 per cent.

Viettel renamed Military Industry and Telecoms Group

Military-run telecommunications company Viettel Group was officially renamed Viettel Military Industry and Telecoms Group and recognised as the national defence and security enterprise with 100 per cent State-owned capital.

Bad debt ratio at 2.3% by end 2017

Non-performing loans (NPLs) of credit institutions were controlled effectively in 2017, helping the NPL ratio of the entire banking system reduce to 2.3 per cent from 2.46 per cent in late 2016.

Company reports must meet world standards

Credit-risk management should be enhanced to make sure business information was transparent and reliable to improve Việt Nam’s trade, economic and investment conditions, according to Nguyễn Quang Thuân, CEO from data analysis firm StoxPlus.

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