Banks given higher credit limits

The State Bank of Việt Nam (SBV) has approved the extension of credit growth limits for many commercial banks to support the country’s economic growth.

VN-Index declines for a third day

Modest growth of bank stocks on Thursday but failed to lift the VN-Index which declined for a third day under high selling pressure.

Start-ups attend conference on capital

Executives from start-ups and small and medium-sized enterprises were in attendance at a conference titled “Access to capital for startups” in HCM City yesterday.

VN leads ASEAN in infrastructure spending: CBRE

Việt Nam led the South East Asian countries in infrastructure spending, which was 5.7 per cent of the country’s gross domestic product (GDP), a recent report by property services firm CBRE revealed.

Tax on income from bank savings proposed

The latest proposal to tax an individual’s income from the interest accrued from the savings deposited in banks has become a bone of contention between the parties concerned.

VN ships first batch of dragon fruit to Australia

Việt Nam shipped its first batch of dragon fruit to Australia, the Ministry of Agriculture and Rural Development (MARD) said during an event held in the Hoàng Phát Fruit Company Ltd, Long An Province, on Wednesday.

Hải Phòng plans to slash freight fees

The leaders of northern Hải Phòng Port City are collecting opinions from four associations and relevant agencies to submit to the municipal People’s Council to reduce fees for using infrastructure, service facilities and public utilities at its ports.

GMS ministerial meeting plans for future

Ministers from Greater Mekong Subregion (GMS)’s six member countries sat down at a conference yesterday to discuss the endorsement and implementation of a five year action plan, towards regional achievements of inclusive growth and sustainable development.

Healthcare expo opens in City

The latest healthcare products and technologies are being showcased at the four-day 12th International Exhibition on Products and Supplies for Healthcare Việt Nam, which opened yesterday in HCM City.

Gov’t regulations still hindering businesses

The Government has had many policies encouraging the development of the private sector. But the sector continues to face many Government-created hurdles, including regulations and required licences and certificates.

Gov’t plans to use IT to connect trade promotion groups

The application of information technology (IT) is a crucial tool to enhance trade promotion activities nationwide by strengthening information exchange between trade organizations, officials said during a seminar held in Hà Nội on Wednesday.

Shares volatile as market corrects

Shares moved in opposite directions on the two stock exchanges on Wednesday. Investors’ sentiment was fragile as worry swirled about the possibility of a deeper correction.

City Party leader visits Sài Gòn High-Tech Park

The Sài Gòn High-Tech Park should tie up with investment companies for funding for technology and research projects, Politburo member and HCM City Party Secretary Nguyễn Thiện Nhân said during a visit to the park yesterday.

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