The State Bank of Việt Nam has approved plans by two additional commercial banks, OCB and Bắc Á Bank, to set up subsidiaries specialising in providing overseas remittance services.
Việt Nam’s export value for leather and footwear gained stable growth every year during the 2011-16 period to reach US$57.5 billion in total.
The Hà Nội-based IB Securities JSC plans to issue VNĐ600 billion (US$26.67 million) worth of bonds in 2017.
The benchmark VN-Index bounced back above 710 points yesterday, boosted by strong investments in property stocks as investors sought new opportunities in speculative shares.
Despite good liquidity in the banking system, the peculiarities in Việt Nam’s monetary policy management has prevented the decline of interest rates on deposits, a central economic report said.
Four Vietnamese steelmakers--including China Steel Sumikin Vietnam JSC, Phuong Nam Co. Ltd., Nam Kim Steel JSC, and Dong A Steel JSC-- continued to demand new measures to prevent coated steel sheets shipped from mainland China and South Korea from being sold at cheap prices in the market.
With demand for environmentally friendly cars increasing in Việt Nam, local automakers and traders are going green to win market share.
Margrethe Maersk, a Triple-E container ship which is the world’s largest, docked at Cái Mép International Terminal (CMIT) on Monday – a milestone in Việt Nam’s navigation history.
HCM City has asked the municipal tax authority to enhance preventative measures against tax fraud and transfer pricing to ensure tax revenue and improve business confidence.
Australia Vietnam Business Council (AVBC) and Canberra University recently held a workshop in Sydney where they called on Vietnamese businesses to invest in Australia’s New South Wales.
The Asia-America Gateway (AAG) was broken for the second time from the beginning of this year.
Young Vietnamese businessperson Đào Lan Hương has been selected as one of 15 entrepreneurs to take part in the Australia-ASEAN Emerging Leaders Programme (A2ELP).
The Housing and Urban Development Corporation (HUD) has started construction of a new US$16.2 million social housing project in the central coastal Khánh Hòa Province's Nha Trang City.
The Hà Nội People’s Committee has recently issued its 2017 economic survey plan for the municipality, where it will investigate the business sector, administration agencies, private services and religious affairs.
The Vietnam National Shipping Lines (Vinalines) is seeking to reduce its ownership rate in the Port of Hải Phòng Joint Stock Company by 27.56 percentage points.
The northern province of Tuyên Quang plans to call for investment in 15 key projects during its tourism, trade and investment promotion conference, which will take place on February 27.
Silvio Farnesi, Brazilan Ministry of Agriculture’s manager in charge of coffee, said the Brazilian government has approved import of robusta coffee for the first time in history, including from Việt Nam.
The Ministry of Agriculture and Rural Development (MARD) has set a shrimp export target of US$10 billion by 2030. However, Prime Minister Nguyễn Xuân Phúc disagreed with this, saying the target is too low and can be reached by 2025. But analysts are divided on this.