Việt Nam News

 Consumer lending in 2017 surged sharply by 65 per cent compared to 50.2 per cent in 2016, according to estimates of the National Financial Supervisory Commission (NFSC).

Many motorbike owners are still unsure if the new E5 fuel being sold nationwide suits their vehicles, and authorities need to improve public awareness accordingly, officials admit.

Vietnam Steel Association (VSA) has asked the Ministry of Industry and Trade (MoIT) to take measures to support steelmakers in the investigation against tax evasion for galvanised sheet steel and cold-rolled coil of Viet Nam which was initiated by the United States.

Vietnamese shares ended the first trading session of the week on a positive note as financial-banking, energy and rubber sectors led the market upturn on expectations for good earnings reports.

Many banks have reportedly gained high profit last year, helped by strong credit growth and initial gains in the settlement of bad debt.

Việt Nam achieved its highest ever cashew exports in a year in 2017 with shipments worth US$3.52 billion.

The Ministry of Planning and Investment has proposed the government to hasten efforts aimed at improving the business environment in 2018.

Financial policies must be kept stable so that firms feel secure while conducting production and business activities, Prime Minister Nguyễn Xuân Phúc said yesterday.

Authorities would crack down on unsafe food and corrupt officials who collude with fraudulent businesses, standing deputy chairman of the HCM City People’s Committee, Trần Vĩnh Tuyến, has promised.

The country’s cement consumption reached 62 million tonnes in 2017, up seven per cent from 2016, according to the Department of Price Management under the Ministry of Finance.

A year after it began to restructure under a Government-approved scheme, Sacombank appears to have turned the corner with decent results for 2017.

The US Department of Commerce (DOC) has just published a paper announcing the initiation of a sunset review of the anti-dumping measures applicable to utility scale wind towers imported from Việt Nam.

The construction of an agricultural product processing plant using Korea-designed modern technology, commenced in the northern mountainous province of Sơn La on January 6. 

The Vietnam Chamber of Commerce and Industry (VCCI) reported that it had passed 1,152 petitions from the business community to relevant State agencies as of November 2017-end.

Deputy Prime Minister Vương Đình Huệ has signed Decision No.16 approving the restructuring plan of the Vietnam National Chemical Group (Vinachem).

Shrimp exports increased sharply last year and the trend will continue this year, according to the Việt Nam Association of Seafood Exporters and Producers.

The Ministry of Transport has submitted the draft of a new Circular that includes regualtions for passenger transport (by car) through software such as Uber and Grab.

Experts at the Law Committee’s forum on Thursday called for an early decision on administrative management models for special administrative economic zones.