Việt Nam News

The State Bank of Vietnam has issued a directive urging credit institutions to accelerate credit growth from the early months of 2024, a pivotal step toward propelling economic growth.

Money sent from Asian countries made up 50.5 per cent of the total overseas remittances to HCM City last year, Việt Nam’s largest economic hub, a massive 143.8 per cent spike year-on-year, according to the State Bank of Vietnam (SBV)’s branch in the city.

Under the amended Law on Credit Institutions, effective from July 1, 2024, commercial banks in Việt Nam are required to reduce the ownership ratios of organisations, shareholders, and related parties.

Enterprises are in need of support more than ever. It’s time to introduce drastic solutions to nurture their confidence and improve their capacity, as well as the entire economy.

Cement producers are trying to expand their markets, shifting to several outlets such as the US, Australia, North America, South America and Africa, to reduce dependence on China and take full advantage of the industry which can provide up to 120 million tonnes of products per year.

Morgan Stanley Capital International (MSCI), a leading global provider of research-based indexes and analytics, has added three Vietnamese stocks to MSCI Frontier Markets Index.

Many businesses will distribute cash dividends to shareholders at the highest rate of 15-20 per cent in cash.

Vinacomin plans a slight coal production increase to 37.4 million tonnes in 2024 compared to 2023.

The General Department of Customs also continues to actively propose reforms in management and specialised inspection of import and export goods.

Garco 10 organised the launch of production and business for the new year on Thursday.

Attention must be on implementing tasks to ensure electricity supply for the Northern region in coming years including speeding up the three – circuit 500kV transmission line from Quảng Trạch to Phố Nối which is expected to be completed by June this year.

 Vietnamese automotive manufacturer, VinFast, has officially launched its first right-hand drive electric vehicles for the Indonesian market at the Indonesia International Motor Show (IIMS) 2024.

The collaboration between the two companies aims to promote carbon credit projects that adhere to international standards.

An attractive market valuation and a significant recovery in the fourth quarter financial results are boosting market sentiment.

Many businesses in HCM City and elsewhere in the south resumed operations on Thursday after the week-long Tết (Lunar New Year) holidays.

The M-Pro process enables Manulife Vietnam to independently evaluate the quality and content of an agent’s consultations from all distribution channels before issuing a policy, ensuring that each customer receives comprehensive and accurate consultations.

Petrol prices were increased by over VNĐ700 per litre by the Ministry of Industry and Trade and the Ministry of Finance, starting from 3 pm on February 15.

The construction industry is one of the most chemically intensive, involving several persistent organic pollutants (POPs) and possible future POPs. Việt Nam News reporter Ly Ly Cao talked to Nguyễn Công Thịnh, Deputy Director of the Department of Science, Technology and Environment under the Ministry of Construction (MoC), to learn about the changes taking place in the Vietnamese construction sector.