Việt Nam News

The State Bank has coordinated with the International Finance Corporation (IFC) to prepare a handbook on social and environmental risk assessment for 10 economic sectors serving credit operations of commercial banks.

The various components of the woodworking industry’s supply chain need to establish close links to ensure the industry’s sustainable development, an expert has said.

The steel industry is forecast to continue double-digit growth this year, fuelled by the recovery of the property market, but the pressure from the application of trade defense instruments by import markets as well as competition from cheap steel is weighing down.

Shareholders of PV Gas (GAS) has approved the company’s plans to lower its business targets in 2017 by 15-27 per cent year-on-year, given the global instability and volatile oil market.

Vietnamese shares dropped further on the two local markets yesterday on investor concerns about geopolitical conditions.

Sales of air conditioners and fruit in HCM City soared in recent days as a heat wave hit the area.

Vietinbank has not completed acquiring PGBank as the two sides have not finished all required procedures and got approval from the authorities.

Saudi Arabia has urged Vietnamese exporters of meat and seafood products to register their companies with product information on its Food and Drug Authority website.

The Vietnam Railway Corporation (VNR) will ink a deal with the Saigon Newport Corporation this April to build two inland container depots (ICDs) in Bình Dương Province and Hà Nội.

Outstanding loans in HCM City totalled around VNĐ1.5 quadrillion (US$65.8 billion) in the first quarter of 2017, a 3 per cent rise over the end of 2016.

A project to exploit and process granite has kicked off in the south-central coastal Ninh Thuận Province’s Phước Dinh Commune, in Thuận Nam District. 

The export turnover of computers, electronic products and spare parts in March touched US$ 2.19 billion, the highest level ever recorded, the General Department of Customs said.

On April 11 the State Bank of Việt Nam decided to increase the rate of the US dollar it buys from credit institutions by VNĐ100 to VNĐ22,675.

Prime Minister Nguyễn Xuân Phúc has asked the Bank for Investment and Development of Việt Nam (BIDV) to continue its pioneering role in supporting business investment abroad, especially in Laos and Cambodia, and becoming a leading commercial bank in the region. 

Việt Nam Dairy Products Joint-Stock Company (Vinamilk) projects a total revenue of VNĐ51 trillion (US$2.26 billion) in 2017, an increase of 8 per cent over last year.

The Việt Nam Software and IT Services Association (VINASA)  honoured 64 IT products and services on Saturday that had won Sao Khuê Awards.

Local stocks declined for the first time in four weeks, driven by rising global turbulence, and the market is expected to remain volatile as concerns rise about risks surrounding North Korea’s missile test.

 The Ministry of Agriculture and Rural Development (MARD) has submitted to the Prime Minister a national action plan for the development of the shrimp industry through 2025.