Banking apps are the way forward

Banking apps on cell phones are helping people in rural areas manage their finances. That was the message from Phạm Xuân Hoè, deputy director general of the Banking Strategy Institute at the State Bank of Việt Nam (SBV).

Int’l economic forum to discuss innovation

Building HCM City into an innovative business hub in the Southeast Asian region will top the agenda of the HCM City Economic Forum to be held in the city next week (Nov 23).

Business prerequisites still too costly

Progress on deregulation of business prerequisites was still much below the goal, requiring greater cost-cutting efforts for businesses, the Central Institute for Economic Management (CIEM) told a conference on Wednesday in Hà Nội.

New securities law sparks concerns from expert

Cấn Văn Lực, chief economist of the Bank for Investment and Development of Việt Nam, a member of the National Financial and Monetary Advisory Council, speaks to Việt Nam News reporter Nguyễn Linh Anh about the his concerns over the revised draft law on securities, released recently for public comments and consultation from ministries and market players.

Local stocks down for second day

Poor market sentiment amid a lack of supportive news drove Việt Nam’s benchmark VN Index down for a second day to near the 900-point level on Wednesday.

Online Friday expected to see US$64 million in sales

Online Friday 2018, which will be held on December 7th, is expected to see sales of VNĐ1.5 trillion (US$64 million) from two million orders, event organiser Việt Nam E-commerce and Digital Economy Agency (IDEA) under the Ministry of Industry and Trade said.

Việt Nam to foster trade with Latin America

Việt Nam will help more Vietnamese firms to enter the lucrative Latin American markets, said Đỗ Thắng Hải, Deputy Minister of Industry and Trade, during a conference on Việt Nam – Latin America trade facilitation.

Ministry warns about questionable investment scheme

The Ministry of Industry and Trade has warned about the multi-level capital raising practices of a company named Dự án Hoàng Gia (Royal Project), which showed signs of violating regulations on multi-level businesses.

October auto sales up

Nearly 30,000 cars were sold in October, marking an increase of 18 per cent compared with the same period last year, according to a report by the Vietnam Automobile Manufacturers’ Association.

CPTPP approval lifts export stocks

The approval of the Comprehensive and Progressive Trans-Pacific Partnership (CPTPP) trade pact helped lift export stocks while other sectors ended Tuesday deep in negative territory.

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