Banks ask for higher credit growth limit

Many commercial banks have asked the State Bank of Việt Nam (SBV) to expand the credit growth limit as they have almost used up the assigned quota for the whole year.

Sawaco borrows $160m for project

Vietcombank and the HCM City Finance and Investment Company have agreed to lend VNĐ3.65 trillion (US$160.36 million) to the Saigon Water Corporation (Sawaco) to finance a major water supply system.

Strong MA role seen in infrastructure development

Increased merger and acquisition (M&A) activities can spur infrastructure development in Viet Nam, a current growth imperative, Planning and Investment Minister Nguyễn Chí Dũng said yesterday.

Deputy PM launches VN derivatives market

Deputy Prime Minister Vương Đình Huệ pressed the button to launch the derivatives market on Thursday, marking an important milestone in the development of Việt Nam’s securities market.

PM urges focus on logistics sector

Prime Minister Nguyễn Xuân Phúc has asked the Ministry of Industry and Trade to co-operate with relevant agencies in the resolution of issues related to the logistics sector.

Aquaculture show set for October

The country’s premier international aquaculture industry show, Aquaculture Việt Nam 2017, will take place in the Cửu Long (Mekong) Delta Province of Cần Thơ in late October with an expected 4,000 visitors.

Stocks fall slightly, confidence improves

Vietnamese shares extended losses for a third straight session on Thursday but investor confidence showed signs of improvement after being brought down by false news and global tension.

Province urged to speed up Thăng Long IP

Vĩnh Phúc has assigned functional departments to create favourable conditions for the investor to speed up construction of the Thăng Long industrial park so that the project begins operations soon.

VN ups ASEAN petrol imports

Việt Nam imported petroleum mainly from ASEAN and South Korea in the first seven months of 2017, which together accounted for 90 per cent of petrol imports.

Cà Mau wants to build $3.5 billion seaport

Southernmost Cà Mau Province is seeking investment to develop a US$3.5 billion seaport complex, which can receive vessels of up to 250,000 tonnes capacity, on Hòn Khoai Island.

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