Nonperforming loans (NPLs) must be revolved at the earliest, especially in the banking and financial sector, in order to strengthen Việt Nam’s economy, ensure efficiency and boost effectiveness in capital allocation, a World Bank Group (WBG) official told a seminar yesterday.
The central province of Khánh Hòa is considering increasing the size of its proposed North Vân Phong special economic zone from the planned 66,000 hectares to 111,000ha.
Việt Nam’s benchmark VN-Index fell slightly on Tuesday, covering part of losses made in intraday trading as investors hunted for low-priced stocks.
Businesses in Đồng Nai are taking advantage of the free trade agreements that Việt Nam has already inked with international countries and blocs, and the establishment of the ASEAN Economic Community to foster their export turnover.
The State Bank of Việt Nam (SBV) has selected six commercial banks to pioneer the application of the recently-issued Resolution 42 on settling non-performing loans of credit institutions.
The new investment tool, covered warrant, will start listing and trading on the HCM Stock Exchange (HOSE) in November, according to the State Securities Commission (SSC).
Việt Nam expects to achieve 6 per cent growth in aquaculture and US$9 billion from aquatic product exports by 2020.
Dragon fruit prices at Chợ Gạo Dragon Fruit Co-operative in the southern province of Tiền Giang are increasing sharply, creating economic advantages for farmers.
More than 29,900 enterprises were established with total registered capital of nearly VNĐ396.5 trillion (US$17.44 billion) in HCM City in the first nine months of the year, according to the city’s People’s Committee.
The VASEP (Việt Nam Association of Seafood Exporters and Producers) Marine Product Committee and Vietnamese seafood processors and exporters on Monday promised to implement the EU’s demands on fighting IUU (illegal, unreported and unregulated) fishing and the national action plan to combat IUU fishing.
The Vietnam Association of Financial Investors (VAFI) has proposed that the Prime Minister privatise State-owned hospitals to reform the healthcare system and improve the quality of healthcare services.
Many Vietnamese exporters are seeking new markets for tra (catfish) as they face new tariffs in the United States, long one of the biggest consumers of Vietnamese tra fish.
A high-rise boom in ever-growing HCM City is posing new management challenges for authorities, a construction official reported yesterday.
The Ministry of Industry and Trade (MoIT) will continue taking the lead in administrative reform, said Nguyễn Sinh Nhật Tân, head of the ministry’s Legal Department, on Monday.
Energy, high-tech agriculture and information technology are the new investment fields in which Vietnamese and Hungarian businesses wish to expand their cooperation for the near future, as the two sides discussed during yesterday exchange session of the Việt Nam - Hungary Business Forum.
The Government is concerned about the poor coordination and infrastructure undermining the major potential of Viet Nam’s 11 central provinces for the country’s economic growth, Deputy Prime Minister Vương Đình Huế told 500 business people and officials at the 2nd Central Coastal Economic Forum in Đà Nẵng yesterday.
Uber Việt Nam CEO, Đặng Việt Dũng, on Saturday denied rumours that Uber would temporarily halt operations in Việt Nam until its tax dues were paid.
Vietnamese shares were mixed on Monday with low trading liquidity as investors remained unsure of the stock market’s prospects.
The Trans-Pacific Partnership nations have made progress toward a new free trade agreement slated for November following the US withdrawal from the pact, according to Japanese chief negotiator of the Trans-Pacific Partnership Kazuyoshi Umemoto.
Minister of Industry and Trade Trần Tuấn Anh has promulgated decision to conduct inspections at three loss-making projects under their management.
