Việt Nam News

The State Bank of Việt Nam (SBV) will not adjust upward credit growth limits for commercial banks, except in some special cases, for the rest of the year, SBV Governor Lê Minh Hưng said.

Trường Hải Auto Corporation and Hoàng Anh Gia Lai Group on August 8 announced a strategic deal to develop the latter’s agricultural business into a leader in Việt Nam and pursue a property project in Myanmar.

Cần Thơ hopes to increase rice exports to China, city officials said at a meeting with the China Food Association on August 8.

The Việt Nam Posts and Telecommunications Group (VNPT) and Maritime Commercial Joint Stock Bank (Maritime Bank) signed a comprehensive co-operation agreement on deploying new technology to customers on Wednesday.

The Hà Nội-based Bảo Việt Securities Joint Stock Company (BVSC) was named the best mergers and acquisition (M&A) advisory firm for the two periods 2009-18 and 2017-18 on Thursday.

The State Treasury holds deposits of nearly VNĐ170 trillion (US$7.23 billion) in three State-owned commercial banks - Vietcombank, BIDV and VietinBank - by the end of June, down 28 per cent against deposits held in January.

Bamboo Airways, owned by property developer FLC Group, is scheduled to operate three aircrafts by 2019 as it officially becomes operational after receiving its licence.

Việt Nam’s real estate industry continued to attract foreign investment thanks to the development of merger and acquisitions (M&As) in the first half of the year, according to experts.

TÜV SÜD, the German testing, inspection, auditing and certification giant, launched its hardlines testing laboratory in Ho Chi Minh City in Vietnam on August 8.

The timber and forestry products processing industry must strive to achieve exports of at least US$9 billion this year and $12-23 billion by 2020, Prime Minister Nguyễn Xuân Phúc has said.

Việt Nam’s gross domestic product (GDP) is expected to grow 6.83 per cent in 2018, almost unchanged from 6.8 per cent recorded last year.

E-Government procurement has proven a good way to improve transparency, publicity, fairness and efficiency in bidding for State-funded projects since it was launched nationwide in 2016 to replace the use of paper documents.

Vietnamese shares rose firmly on Wednesday, driven by higher oil prices that boosted energy stocks and by positive news from energy firms.

Việt Nam should build product chains to help increase goods’ value and cut out middle men to improve competitiveness.

Vietnam News Agency talks with Associate Professor., Doctor Lê Xuân Trường, Head of In-service Faculty of the Academy of Finance, to explore the impact of reducing corporate income tax on the business investment environment and economic growth. 

Bosch Building Technologies has said it will display its most advanced and latest video surveillance, fire alarm, public address, and voice evacuation products and conference and professional sound systems at the 11^th International Security, Fire and Safety Exhibition Conference (Secutech) to be held in Việt Nam from August 16 to 18.

Home Credit Vietnam has announced that it was listed in the top 50 biggest taxpayers for two consecutive years of 2016 and 2017.

SCG has signed loan agreements worth over US$3.2 billion with six banks in its home country, Thailand, to fund construction of Việt Nam’s first fully integrated petrochemical complex, Long Sơn Petrochemicals Company Limited (LSP).