City firms get preferential bank loans

Thirty-four small and medium-sized businesses in District 1 received total bank loans of nearly VNĐ3.1 trillion (US$139.1 million) at preferential interest rates under the banking-enterprise linkage programme.

Tây Ninh aims to be agri-tech hub

The southern province of Tây Ninh aims to increase economic growth and farmers’ incomes by becoming a high-tech agricultural hub for the region, according to Trần Lưu Quang, the provincial Party secretary.

Trade pact challenges drug firms

Local pharmaceutical companies should improve their competitive advantage before Việt Nam signs the Trans-Pacific Partnership (TPP) Agreement in order to avoid losing their regional market share, experts said.

S Korea: top HCM investor?

Đinh La Thăng, secretary of HCM City’s Party Committee, told a meeting of business leaders in Seoul last week that the city would create more favourable conditions for South Korean investors in HCM City. 

VN hopes to export frozen shrimp to Australia

Việt Nam expects to export frozen head-on shell-on shrimp to Australia for the first time, according to an official of Việt Nam’s Ministry of Agriculture and Rural Development (MARD).

In an interview with Vietnam Ne

VN shares slump on ETFs trading

Shares declined on the two national stock exchanges yesterday, driven by trading of large exchange-traded funds in their third-quarter portfolio arrangements.

Viet Nam announces tax rules for Uber

The Ministry of Finance has issued a document on tax payment rules for Dutch-based Uber International Holding B.V for its car hailing service in Việt Nam.

SBV encourages M&As to restructure banks

The State Bank of Việt Nam (SBV) will continue to encourage the practice of mergers and acquisitions (M&A) as a solution to dealing with ailing credit institutions.

 

French firm supports Quảng Ninh in egov

French software company Linagora and Hanel DTT’s joint venture will support the northern province of Quảng Ninh in developing an e-government (Egov) and training human resources.

Economy awash in money

The National Financial Supervisory Committee has said that in the year-to-date the financial system has ensured that money supply is adequate thanks to the banking sector’s plentiful liquidity.

Banks’ risk management a cause for concern

Poor management of risks and weak supervision of banks were the roots of the largest problems that Việt Nam’s banking system is facing, experts said during a workshop.

 

New auto rules worry small players

Several provisions of a new draft circular on imported autos impose unfair restrictions on small and medium-scale firms, the Vietnam Chamber of Commerce and Industry (VCCI) has said.

Stocks likely to stay volatile: experts

Vietnamese shares may remain volatile this week as foreign investors continue to withdraw from local stocks on the review of foreign investment funds’ portfolios and expectations of a US interest rate hike this month.

VN, US foresee cooperation

Việt Nam and the United States look forward to significant opportunities for economic co-operation, especially in trade and investment, Minister of Planning and Investment Nguyễn Chí Dũng said this week.

VN-created Drone Race app attracts investors

After one week of raising funds, Drone Race, the game designed by a team of young Vietnamese, has received 300 orders and US$43,750 from investors at Indiegogo, the largest global site for fundraisers.

VN web powers discuss ad space

Vietnamese newspaper and website owners and app developers must know how to approach the advertising budgets of global brands and be aware of the mistakes that website owners often make.

 

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