Việt Nam News

Vietnam Report has announced the top 10 commercial banks in Việt Nam in 2017, based on an evaluation of reputation, financial capacity and growth potential in the 2016-17 period.

The first direct flight from the Mekong Delta city of Cần Thơ to Bangkok, Thailand, took off from Cần Thơ International Airport on Tuesday morning, carrying 179 passengers.

As of June 2017, the city was home 240 traditional markets, 201 supermarkets, 42 trade centres and over 900 convenience stores, the department’s statistics revealed.

The total outstanding loans in Hà Nội was estimated at VNĐ1.6 quadrillion (US$70 billion) in the first half of this year, according to the State Bank of Việt Nam’s Hà Nội branch.

Sài Gòn-Hà Nội Joint Stock Commercial Bank (SHB) has received approval from the State Bank of Việt Nam (SBV) to open its branch in Myanmar.

Liên Việt Post Joint Stock Commercial Bank (LienVietPostBank) has announced that Him Lam JSC is no longer a shareholder of the bank.

 Key advantages that have driven national growth will not lost much longer, and policy breakthroughs are needed to unleash the nation’s ‘inner potential,’ a senior Party official said yesterday.

In order to transform household businesses into enterprises, it is necessary to use “economic levers” rather than “administrative orders”, said Phan Đức Hiếu, deputy director of the Central Institute for Economic Management (CIEM) in a Hà Nội based conference yesterday.

The State Securities Commission of Việt Nam (SSC) will tighten the supervision of the securities transaction activities of both domestic and foreign investors in the national stock exchanges to ensure the market's transparency and efficiency in operating.

Shares fell in both local markets on Tuesday as large-cap stocks were hit by strong profit-taking from investors.

The Australian Chamber of Commerce in Việt Nam on Monday worked with Hậu Giang to study investment opportunities in the southern province.

The country has seen an estimated 6.2 million international visitors in the first half of this year, up 30.2 per cent year-on-year, the General Statistics Office (GSO) reported.

Around 100 large household businesses in the country are contributing to a quarter of the country’s gross domestic product (GDP), the Việt Nam Chamber of Commerce and Industry (VCCI) said.

The increase was thanks to the positive influence of support policies and effective trade promotion.

Total FDI registered in the country in the period reached $19.22 billion, surging by a significant 54.8 per cent against the same period last year.

The US Department of Commerce (DOC) last week announced the initiation of anti-dumping and countervailing duty investigations on the import of fine denier polyester staple fibre from China, India, Republic of Korea, Taiwan and Việt Nam.

Most State-owned enterprises still face difficulties after equitisation due to a lack of change in management, delegates heard at a seminar on Friday.

HCM City is seeking more than VNĐ128 trillion (US$5.63 billion) in investment between now and 2020 for socio-economic development, according to the city’s Department of Planning and Investment.