Overnight interest rate doubles to 4.42%

Interest rates on the inter-bank market have surged strongly in the past week despite the central bank’s net injection of VNĐ14.4 trillion (US$612.76 million).

Cargill rebuilds school in Quảng Trị

Cargill Cares Council has rebuilt a school to the mountainous commune of Huc in Quảng Trị Province’s Hương Hóa District, its 88th school in Việt Nam under its rural school-building programme.

Hà Nội promotes supply chains

Hà Nội will support the development of supply chains in the city, from production to consumption, to control quality, increase value of products, as well as help ensure the benefits of all parties involved.

Start-ups need more support policies

Việt Nam still faces a shortage of policies for start-up development. Ministries therefore are striving to research and propose to the Government new policies for start-up community development, heard attendees at a conference on investment in start-up and innovative firms held in Hà Nội on Tuesday. 

Huế targets $56mil in investment this year

The central province of Thừa Thiên-Huế is targeting total investment of VNĐ13 trillion (US$56 million) from enterprises this year, an increase of 20 per cent over last year’s figure.

Vinamilk to pay dividends in September

Vit Nam Dairy Products Joint Stock Company (Vinamilk) has announced plans to finalise the list of shareholders that will receive its first round of dividend payments for 2018 in the form of cash and shares on September 6.

Only 15% of administrative reforms completed

Only 15 per cent of business and investment conditions have been cut or simplified since the start of the year despite an instruction issued by Prime Minister Nguyễn Xuân Phúc to ministries and sectors at the start of the year to take drastic measures to cut administrative procedures.

SBV requests control on foreign currency loans

Governor of the State Bank of Việt Nam (SBV) Lê Minh Hưng has recently directed the entire banking industry to strictly control foreign currency lending to better minimise dollar speculation and fight against dollarisation in the economy.

VN to get customs bond system

The Ministry of Finance will collaborate with relevant ministries and agencies to review legal regulations to establish a customs bond system to facilitate customs clearance in Việt Nam in the 2018-19 period.

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