Foreign reserves at record $57b
State Bank of Việt Nam (SBV) continues to build up its foreign exchange reserves to cushion external shocks, raising the fund to more than US$57 billion till February 6.
State Bank of Việt Nam (SBV) continues to build up its foreign exchange reserves to cushion external shocks, raising the fund to more than US$57 billion till February 6.
State Bank of Việt Nam gave its nod to Saigon Commercial Bank (SCB) to close two of its branches in Trà Vinh Province and Cần Thơ City.
The Việt Nam Securities Depository (VSD) granted some 659 trading codes to foreign investors, including 58 institutions and 601 individuals, in January.
Việt Nam imported US$682.1 million worth of paper products last year, a year-on-year increase of 10.86 per cent, reported the Việt Nam General Department of Customs.
State Bank of Việt Nam (SBV) made a net cash injection of VNĐ13 trillion (US$572.9 million) into the economy in the past week to support the liquidity of commercial banks.
Domestic commercial banks on Thursday continued devaluing the US dollar against the Vietnamese đồng for the second consecutive session, despite a rise of the greenback in the global market.
The HCM Stock Exchange has warned Hoàng Anh Gia Lai JSC (HAG) and its agribusiness arm, Hoàng Anh Gia Lai Agricultural JSC (HNG), of probable delisting if they fail to submit the financial statements for 2017.
Vietnamese longans may be exported to Australia in 2019, according to a delegation of the Australian Department of Agriculture and Water Resources.
Foreign direct investment (FDI) enterprises, which have enjoyed multiple tax incentives, pay the lowest state taxes despite reporting high profits, statistics show.
The Directorate of Fisheries (DoF) under the Ministry of Agriculture and Rural Development has signed a cooperation agreement with Việt Nam Posts and Telecommunications Group (VNPT) for applying information technology (IT) in fishery resource management.
VinFast Manufacturing and Trading Company Limited has launched a Training Centre for Mechatronics and Mechanical Engineering in Đình Vũ-Cát Hải Economic Zone in the northern port city of Hải Phòng.
The Ministry of Information and Communications (MIC) asked relevant departments and agencies to strictly handle violations related to the management of pre-activated SIM cards.
The HCM City Real Estate Association (HoREA) has recommended real estate companies transform themselves into publicly listed joint-stock businesses so they are able to seek greater funding to improve business performances in 2018.
The participation of foreign investors in Việt Nam’s insurance market will develop the market while enriching domestic insurers with experience and governance.
Deputy Prime Minister Vương Đình Huệ has asked ministries to strengthen the management of temporary import of cars of individuals who enjoy privileges and tax exemptions in Việt Nam.
Việt
Prime Minister Nguyễn Xuân Phúc has urged trade counsellors to assist domestic businesses by providing information about foreign markets, promoting trade and investment activities, and increasing sales of Vietnamese products abroad.
Việt Nam is the fastest-growing market in South East Asia in terms of mobile e-commerce growth, says the latest report on Southeast Asia’s 2017 e-commerce status by iPrice.
The Business Association of High-Quality Vietnamese Products conferred its recognition on 640 businesses at a ceremony held in HCM City on February 7.