Việt Nam News

The Saigon Thương Tín Commercial Joint Stock Bank (Sacombank) and the Việt Nam Asset Management Company (VAMC) signed a co-operation agreement in HCM City on Thursday.

The Ministry of Industry and Trade (MoIT) has promulgated Circular 18/2-17/TT-BCT to remove some regulations on managing the quality of locally produced and imported steel.

Home sales have slowed down significantly in September due to Vietnamese’s psychology of avoiding buying property assets in July of the Lunar Calendar also called the Month of Lonely Spirits.

Saigon Securities Inc (SSI) has warned its investors against downloading scam programmes that could counterfeit the brokerage firm's applications and steal investors’ information.

The Customs Supervision and Management Department under the General Department of Việt Nam Customs (GDC) signed a cooperation agreement with the Việt Nam Logistics Association (VLA) on Tuesday.

Việt Nam witnessed a year-on-year increase of 21.4 per cent in total trade value from January 1 to September 15 to US$289.14 billion, according to the General Department of Customs.

The south-eastern region has grown rapidly and enjoys a number of advantages, but also faces many hurdles, especially to inter-provincial connectivity, a forum heard in HCM City on Tuesday.

The World Economic Forum’s (WEF’s) latest global competitiveness list, released on Wednesday, ranks Việt Nam 55th overall, up five places from last year and 20 from five years ago.

An export growth of 14.5 per cent to US$203 billion is expected this year. However, export growth focused on increasing volumes cannot deliver in the long run, Trần Thanh Hải, deputy head of the Ministry of Industry and Trade’s Import-Export Department, tells the Vietnam News Agency.

The Ministry of Finance said that the equitisation of State-owned enterprises (SOEs) remained disappointing due to the lack of accountability as well as the bottle-necks in defining enterprises’ asset value.

Booming cities and vigorous urbanisation are challenging Việt Nam’s future, according to a business conference titled "Smart Cities" held in Hà Nội on Wednesday.

Foreign direct investment (FDI) registered in Việt Nam reached a record US$25.48 billion in the first nine months of this year, up 34.3 per cent year-on-year.

The latest products and services on the real estate, architecture and interior and exterior decoration industries are on display at the Vietbuild International Exhibition that opened in HCM City yesterday.

The Government should limit or temporarily stop issuing new Government bonds during the remaining months of the year while waiting for the improvement of public investment disbursement.

Researchers at Vietnam National University (VNU) yesterday presented results of a consumer lending survey showing that the majority of Vietnamese people have never used a consumer loan.

Outstanding loans of commercial banks in HCM City in the first nine months of 2017 rose 13.5 per cent against December last year to more than VNĐ1.67 quadrillion (US$73.57 billion), the city People’s Committee report stated.

The first international workshop on MEMS (Micro – Electro – Mechanical – Systems) and Sensor Systems 2017 (IWMS 2017) on  “MEMS/IoT for Smart City” was hosted by the Research Laboratories of the Sài Gòn Hi-tech Park (SHTP Labs) on September 27.