Deputy chief inspector of the State Bank of Việt Nam Phạm Huyền Anh on Tuesday granted business licence to the Singapore’s United Overseas Bank Limited (UOB).
State capital at the two brewers, Sài Gòn Alcohol-Beer-Beverage JSC (Sabeco) and Hà Nội Alcohol-Beer-Beverage JSC (Habeco), may soon be transferred to the State Capital Investment Corporation (SCIC).
Overnight interest rates in the inter-bank market hit a two-month high but liquidity of the banking system remained stable, a report from SSI Retail Research showed.
Việt Nam Rubber Group (VRG) has decided the amount and price of shares offering in its initial public sale schedule next year.
The Manila-based Asian Development Bank (ADB) has projected the economic growth of Việt Nam will be 6.3 per cent this year, taking 0.2 percentage points off from the previous forecast.
A total of 8,600 new enterprises with total registered capital of nearly VNĐ80.5 trillion (US$3.54 billion) were established in September, according to the Ministry of Planning and Investment.
The southern province of Bình Dương reported yesterday that it had attained 140 per cent of its annual target in foreign direct investment (FDI) during the first nine months of the year.
The oil and gas industry is one of the country's key economic sectors as it has made important contribution to the national economy but it is facing exceptionally tough challenges, especially in the context of deeper international integration, participants at a seminar in Hà Nội were told on Tuesday.
Nonperforming loans (NPLs) must be revolved at the earliest, especially in the banking and financial sector, in order to strengthen Việt Nam’s economy, ensure efficiency and boost effectiveness in capital allocation, a World Bank Group (WBG) official told a seminar yesterday.
The central province of Khánh Hòa is considering increasing the size of its proposed North Vân Phong special economic zone from the planned 66,000 hectares to 111,000ha.
Việt Nam’s benchmark VN-Index fell slightly on Tuesday, covering part of losses made in intraday trading as investors hunted for low-priced stocks.
The State Bank of Việt Nam (SBV) has selected six commercial banks to pioneer the application of the recently-issued Resolution 42 on settling non-performing loans of credit institutions.
Businesses in Đồng Nai are taking advantage of the free trade agreements that Việt Nam has already inked with international countries and blocs, and the establishment of the ASEAN Economic Community to foster their export turnover.
The new investment tool, covered warrant, will start listing and trading on the HCM Stock Exchange (HOSE) in November, according to the State Securities Commission (SSC).
Việt Nam expects to achieve 6 per cent growth in aquaculture and US$9 billion from aquatic product exports by 2020.
Dragon fruit prices at Chợ Gạo Dragon Fruit Co-operative in the southern province of Tiền Giang are increasing sharply, creating economic advantages for farmers.
More than 29,900 enterprises were established with total registered capital of nearly VNĐ396.5 trillion (US$17.44 billion) in HCM City in the first nine months of the year, according to the city’s People’s Committee.
The VASEP (Việt Nam Association of Seafood Exporters and Producers) Marine Product Committee and Vietnamese seafood processors and exporters on Monday promised to implement the EU’s demands on fighting IUU (illegal, unreported and unregulated) fishing and the national action plan to combat IUU fishing.