Ministry measures economic reform

The Ministry of Planning and Investment has proposed criteria for monitoring and evaluating the efficiency of economic restructuring and growth model renewal in the 2016 to 2020 period.

Regional firms discuss financial security

Policy-makers, international experts and representatives of Asset Management Companies (AMCs) in five Asian countries will gather in Hà Nội on Thursday at the International Public Asset Management Company Forum (IPAF) to discuss regional financial security and non-performing loans (NPLs) settlement plans.

PM Phúc inaugurates Vietnam Fair in Singapore

Prime Minister Nguyễn Xuân Phúc, who is in Singapore at the head of a high-ranking delegation to attend the 33rd ASEAN Summit and related meetings, and Singapore’s Emeritus Senior Minister Goh Chok Tong on Tuesday inaugurated the Vietnam Fair.

 

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.

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.

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.

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.

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).

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.

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.

 

 

 

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.

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