Bad debt ratio at 2.3% by end 2017

Non-performing loans (NPLs) of credit institutions were controlled effectively in 2017, helping the NPL ratio of the entire banking system reduce to 2.3 per cent from 2.46 per cent in late 2016.

Company reports must meet world standards

Credit-risk management should be enhanced to make sure business information was transparent and reliable to improve Việt Nam’s trade, economic and investment conditions, according to Nguyễn Quang Thuân, CEO from data analysis firm StoxPlus.

HCM City retail grows by more than 11% in 2017

HCM City’s retail sector has been growing steadily, achieving an 11.3 per cent increase by the end of 2017 compared to 2016, according to the city’s Department of Industry and Trade.

 

HCMC to host Blockchain Week

The 2018 Vietnam Blockchain Week will be held in HCM City in March to promote the potential of blockchain and 4.0 technologies.

Phú Yên to get high-tech bitumen plant

Danish global machinery equipment maker DenimoTech and Vũng Rô Petroleum Company Limited yesterday signed an agreement to build a high-tech bitumen plant in the central coastal province of Phú Yên.

Việt Nam business eyes the world

Deputy Prime Minister Vương Đình Huệ said that international economic integration would be the focus of economic restructuring in 2018, requiring breakthroughs in negotiation, signing of free-trade deals and improving the legal framework.

Customs revenue surpasses target

Revenue from the General Department of Customs (GDC) in 2017 hit VNĐ297 trillion (US$13 billion) last year, a year-on-year increase of 9.5 per cent and equivalent to a 4.3 per cent increase on the annual target. This was revealed at a press conference by the GDC in Hà Nội yesterday.

Low automobile sales in 2017

The Vietnamese automobile market witnessed an unsuccessful 2017 as the total sales was lower than in 2016 and failed to reach the desired growth rate.

The Vietnamese Stock Market and the Magic of Compounding

To make your long-term financial objectives a reality, you must harness the power of compound interest/returns. Here, “Outside Looking In” explains why compounding really is magic – particularly for Vietnamese investors putting their money to work in the stock market.

Single window launched for chemicals

The Ministry of Industry and Trade, on Thursday, in Hà Nội officially announced the opening of a single national window for imported chemical declaration.

VN-Index gains may not last

The VN-Index made gains for the fourth straight day on strong capital inflow, but analysts warn of a possible profit-taking correction today.

SeABank in top 100 list of trusted products

The Southeast Asia Commercial Joint Stock Bank (SeABankis in the top 100 list of products and services vying for the title of the most trusted savings product in Việt Nam.

Habeco eyes $365m revenue in 2018

To this end, the company plans to draw up appropriate measures to balance production and consumption and avoid inventory, besides improving the quality of its products and developing new products.

Complast plastics exhibition opens in HCM City

Hundreds of new plastic products and the latest equipment and machines are on display at the 3rd international complete plastics exhibition (Complast Vietnam 2018), which will be held from January 10-12 in HCM City.

EVNGENCO2 to launch IPO in June

The Power Generation Corporation 2 (EVNGENCO2) is taking necessary steps to conduct its initial public offering (IPO) in June, according to newly-appointed director general Trương Hoàng Vũ. 

NEWS FROM MEDIA-OUTREACH

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