Việt Nam News

Lending from January to March 23 rose by 3.14 per cent against the end of last year, according to a new report from the State Bank of Việt Nam (SBV).

The State Bank of Việt Nam plans to reduce the ratio of non-performing loans (NPLs) to below 3 per cent by 2020 under an action plan to implement a government resolution.

Việt Nam’s import value of animal feed and material for production of animal feed witnessed a year-on-year increase of 41.6 per cent in the first quarter of this year.

San Miguel, the Philippines’ largest brewery corporation, is “evaluating and may bid” for Việt Nam’s Saigon Beer Alcohol Beverage Corporation (SABECO), company president Ramon Ang told Bloomberg reporters on March 31.

Shares fell on the two local markets on Wednesday ahead of the national holiday as large-cap stocks suffered from low investor confidence.

Việt Nam should have savvy foreign direct investment (FDI) policies that direct capital to modern and environmentally friendly technologies and promote technology transfer to make local firms more competitive, experts say.

HCM City’s technology-based programme to control and trace the origin of pork that began recently is encountering difficulties, according to the Department of Industry and Trade.

The Ministry of Transport has proposed revoking regulations that require transport businesses to have a minimum number of vehicles according to the type of transport service they have registered to provide.

Shares closed on positive note yesterday as investors speculated on first-quarter earnings results as well as information concerning annual shareholders’ meetings of many listed companies this month.

Deputy Prime Minister Trịnh Đình Dũng has asked Electricity of Việt Nam (EVN) to develop green power with prices people can afford, adding that the transparency in power pricing must be improved.

Malaysian budget airline AirAsia Berhad plans to start a low-cost carrier in Việt Nam, co-operating with local businesses to enter the country’s booming travel market, company representatives told Việt Nam News.

Southern province of Đồng Nai attracted US$314 million in foreign investment (FDI) in Q1 2017, up 53.4 per cent year-on-year and reaching 31.4 per cent of its yearly plan.

Việt Nam Television (VTV) and HCM Communist Youth Union on Monday announced a new TV programme titled “Startup Nation,” which is expected to promote startups in Việt Nam.

Vietcombank and Vietinbank have signed revised agreements to provide additional loans of VNĐ1.4 trillion (US$61.67 million) to the Thượng Kon Tum hydropower plant.

E-commerce businesses may have to accept card payments as a way to offering more options to pay when shopping online, an official from the Ministry of Industry and Trade said.

There is a huge opportunity for Vietnamese firms to invest in agriculture in their countries and export agricultural produce to other markets, Cambodian and Myanmarese officials have said.

Shares closed almost flat on the two local exchanges yesterday as strong investor selling hit large-cap stocks after the market reached a 10-year high last week.