Bad debt measures go into effect

A National Assembly resolution on nonperforming loans takes effect tomorrow with lawmakers hopeful it will help resolve much of the remaining bad debts held by commercial banks and real estate projects across the nation.

Industrial park occupancy rate reaches 73%

The occupancy rate at operational industrial parks (IPs) nationwide has hit 73 per cent, according to the Economic Zone Management Department under the Ministry of Planning and Investment.

Stable H2 economy forecast

Việt Nam’s business climate is anticipated to improve in the second half of 2017, but economic growth will be at 6.5 per cent, falling short of the Government’s target.

Stocks stay down on low investor confidence

Vietnamese shares have had a rough losing week and the next five trading sessions at least are likely to trade negatively, according to analysts and brokerage companies.

VINASA’s programme honours top 50 IT firms

The Việt Nam Software Association (VINASA) has launched a programme to choose Việt Nam’s top 50 IT companies 2017, aiming to honour the leading IT firms and connect promising partners inside and outside the country.

Dragon Capital, VinaCapital buy FPT Retail stakes

Information and communication technology group FPT Corporation has sold six million shares or 30 per cent of its stake in FPT Digital Retail JSC to funds managed by and associated with Dragon Capital and VinaCapital.

Kids urged to prepare for Industry 4.0

To ultilise the advantages of the fourth industrial revolution, citizens must quickly be equipped with knowledge, said Trần Văn Tùng, Deputy Minister of Science and Technology.

Electricity output rises 7.3%

The power output in the first seven months of the year reached 112.6 billion kWh, posting 7.3 per cent year-on-year rise, said the Electricity of Việt Nam (EVN).

Radical proposals for special zones

The abolition of people’s councils, permitting casinos to be set up and allowing foreign investors to lease land for 99 years are among the main provisions of a proposed new law to govern the three special administrative-economic zones in Việt Nam.

 

Mixed response to MoIT circular on milk prices

A new circular issued by the Ministry of Industry and Trade (MoIT), allowing traders and importers to self-determine the retail prices for milk products for children under 6 years old, officially take effect on August 10, raising concerns among government officials, experts as well as businesses.

NEWS FROM MEDIA-OUTREACH

E-paper