Budget deficit target set at 3.7% of GDP

The Ministry of Finance (MoF) expects to keep this year’s State budget deficit at 3.7 per cent of the GDP, below the 3.9 per cent mandated by the National Assembly.

SSI top brokerage in Hà Nội derivatives market

Saigon Securities Inc. (SSI) was the biggest brokerage on the Hanoi Stock Exchange’s derivatives market last year with a 28.28 per cent market share, according to an exchange report on the derivatives market.

Deputy PM wants Samsung support Vietnamese part suppliers

Vietnamese  Government expects Samsung to further give support on human resource training and technology transfer to the country, creating condition for Vietnamese part suppliers to take part in the value chain and become suppliers of materials and parts for Samsung, said Deputy Prime Minister Trịnh Đình Dũng.

VN real estate marks successful 2017

Việt Nam witnessed positive development in the real estate market in 2017 with increased transactions of apartments and reduction in real estate inventory.

Ten new decrees to guide FTA tariff cuts

The finance ministry has announced 10 draft decrees that will guide implementation of as many free trade agreements (FTAs), drawing a roadmap to zero per cent import tariffs for many goods.

Future bright for local banks

Business performance of commercial banks is forecast to continue its upward trend in 2018 after making significant improvements last year, according to a State Bank of Việt Nam (SBV) survey.

VN needs cryptocurrency laws

Deputy Prime Minister Vương Đình Huệ has asked the Ministry of Justice and the State Bank of Việt Nam to hasten and complete the legal framework for managing virtual currencies in Việt Nam.

No new projects for developers in arrears

The Hà Nội Department of Taxation has proposed to the municipal People’s Committee not to approve new projects or adjustments for property developers with tax arrears.

Phú Quốc to get six-star resort by 2020

Regent Residences Phú Quốc will be the first six-star resort in Phú Quốc Island and will be completed by 2020, according to the project’s developer BIM Group.

City projects get go ahead

The HCM City Department of Construction allowed developers Quốc Cường Gia Lai and Hà Đô to sell future properties at their projects in Districts 7 and 10, respectively.

Garment 10 to list on UPCoM next week

HàNội Stock Exchange has allowed Garment 10 CorporationJoint Stock Company (GARCO 10) to list 18.9 million shares on Unlisted Public Company Market (UPCoM) on January 10.

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