Assets of credit institutions rose 16% in 2016

The total assets of Vietnamese credit institutions rose more than 16 per cent by December 2016 to VNĐ8.5 quadrillion (US$374 billion), when compared with early 2016, the State Bank of Việt Nam reported.

Deputy PM demands review of fee at ports

Deputy Prime Minister Vương Đình Huệ has asked ministries to review the collection of fees for the use of infrastructure, service facilities and public utilities at all ports in northern Hải Phòng City.

Markets face further correction

The domestic stock market will likely experience another correction in early sessions this week, as selling pressure continues to build around the short-term peak on the main exchanges, experts say.

HCM City and Hà Nội lead e-business index

HCM City and Hà Nội continue to lead Vietnamese localities in e-commerce, The Việt Nam E-commerce Association (Vecom) announced at the 2017 Việt Nam Online Business Forum in Hà Nội on Friday.

Vegetable, fruit exports to struggle

The domestic vegetable and fruit industry will face obstacles in maintaining sustainable growth in export value at the current high level, according to the Việt Nam Vegetable and Fruit Association.

Luxury segment dragging housing market

At a meeting with the Prime Minister’s working group in mid-February, Minister of Construction Phạm Hồng Hà said the housing market was facing an oversupply of high-end developments, detracting from the market's attraction to investors.

Vietnam Airlines to boost co-operation

Eighty-eight per cent of flights operated by national carrier Vietnam Airlines (VNA) and its members Jetstar Pacific Airlines and Việt Nam Air Service Company (VASCO) in the first two months of this year.

Property stockpile 77% below peak

Property inventories totaled more than VNĐ29.5 trillion (US$1.2 billion) as of February 20, dropping by nearly 77 per cent over its peak in the first quarter of 2013, statistics of the Ministry of Construction showed.

APEC targets long-term infrastructure funding

The APEC Finance and Central Bank Deputies’ Meeting (FCBDM) successfully concluded in Nha Trang city in the central coastal province of Khanh Hòa yesterday after two days of working.

FPT wins major IT contract in Myanmar

Vietnamese IT giant FPT Corporation has been selected by Myanmar to implement a US$11.3 million project that is part of a programme to modernise the nation’s public finance system.

VN stock reports contest launched

The 10th Việt Nam Annual Report Awards were announced in HCM City on Thursday with the focus this year on listed companies following international reporting norms.

 

HCM City to host major coffee expo

Around 100 exhibitors and 20,000 visitors will take part in the country’s biggest coffee exhibition, the 2017 Cafe Show Việt Nam, to be held in HCM City next week.

Samsung’s VN $2.5b expansion approved

Samsung Display officially received an investment licence Friday for its US$2.5 billion expansion project in Bắc Ninh Province’s Yên Phong Industrial Park.

Property market heats up

Roughly 86,000 unfinished apartments were eligible for sale in Hà Nội and HCM City as of February.

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