Exporters worry as end of foreign loans nears
Exporters will no longer be allowed to borrow bank loans in foreign currencies beginning next year, if the State Bank of Việt Nam (SBV) does not extend a circular regulating the loans.
Exporters will no longer be allowed to borrow bank loans in foreign currencies beginning next year, if the State Bank of Việt Nam (SBV) does not extend a circular regulating the loans.
According to the Ministry of Planning and Investment, as of September 20 banking credit growth was only 11.02 per cent against a full-year target of 21 per cent.
The export of tra (catfish) is still facing difficulties although exports for January-September hit US$1.3 billion, up 5.8 per cent over the same period last year, said the Vietnam Association of Seafood Exporters and Producers (VASEP).
Facilitating small and medium enterprises to access financial resources, science and technology and digital advancements will be a focal point that APEC business leaders recommend to the bloc leaders during a dialogue on Friday.
Senior representatives from APEC will hold a news conference on Tuesday in the central city of Đà Nẵng to provide insights into the week’s meetings of the region’s leaders and ministers to shape the direction of Asia-Pacific trade and globalisation policy.
The 2017 APEC Business Advisory Council (ABAC) meeting opened on Sunday morning in the central city of Đà Nẵng to discuss final preparations for the upcoming dialogue with leaders of APEC member economies.
Việt Nam has made great strides in integrating with the global economy and accomplished a great deal as its rapid economic growth in the past 30 years testifies. It is committed to opening up its finance sector, an important pillar in the economic integration process, and enhancing international co-operation.
The launch of production plans for the first-ever made-in-Việt Nam cars has ignited hopes of a big boost for the domestic auto and auto parts industries. Việt Nam News reporter Mai Hương spoke with VinFast CEO James B. DeLuca about the company’s market vision.
While the US’s withdrawal is a big blow to the TPP, the agreement forged after five years of negotiations still has a lot to offer. Võ Trí Thành explains.
CMC Corporation, one of the leading Vietnamese ICT group, recently announced its “Go Global” strategy to expand to foreign countries, starting with Japan. Chairman/CEO of the corporation Nguyễn Trung Chính and CMC Japan’s CEO Kumeda Masakuni spoke with Việt Nam News reporter Yến Vy about the company’s global strategy and the Vietnamese ICT industry.
Empowering female entrepreneurs is a no-brainer in the most important areas - employment generation and sustainable development; the evidence is that they are more responsible stewards, writes Thu Vân.
In the country's e-commerce industry, online payments account for only 3 to 4 per cent, while cash on delivery (COD) is still at 92 per cent.
Over 100 provincial government officials, investors and other stakeholders gathered yesterday in HCM City to discuss policies for the developmnet of solar energy.
Quảng Ninh, Kiên Giang and Khánh Hòa are gearing to develop special administrative-economic zones with expectations that preferential policies will be increased as the National Assembly is discussing the Law on Special Administrative-Economic Units.
Experts and businesses are raising concerns about the shortage of E5 bio-fuel supply as there are two months left for E5 to be fully replaced RON 92 petrol.
Crude oil’s days of being a major contributor to national economic growth are over, according to a report prepared by the Hongkong and Shanghai Banking Corporation Limited (HSBC).
Việt Nam’s security index is very low, ranking 101st out of 193 member countries on the International Telecommunication Union report on the Global Network Security Index on ability to ensure network security.
FLC Faros Construction Joint Stock Company (ROS) expects to beat its 2017 profit target soon and will pay a dividend rate of 10-12 per cent for this year, the company has announced.
Large-cap companies continued to drive shares on the HCM Stock Exchange up yesterday, but analysts warned of market volatility over investor worries about the market’s dependence on blue chips.
National Assembly (NA) deputies at a discussion yesterday afternoon largely agreed that the Ministry of Finance should be the focal-point agency to manage public debts to prevent management overlaps and inconsistencies.