VN, S Korea sign financial supervision deal

Việt Nam’s National Financial Supervisory Commission (NFSC) and the Republic of Korea’s Financial Services Commission (FSC) on Tuesday signed a Memorandum of Understanding on cooperation in financial supervision.

VN coffee output may fall

Coffee production in Việt Nam could drop up to 7 per cent in 2016 and 2017, to 27.3 million bags over the previous crop, due to adverse weather conditions.

Hà Nội pushing safer farm products

Hà Nội will create favourable conditions and support policies for better links between producers and traders to bring safe farm products to the consumers.

HNX develops unlisted market

Hà Nội Stock Exchange chairman Nguyễn Thành Long said the exchange reported fruitful results seven years after shifting from the stocks centre

Gov’t to foster startups

The Government aims to have one million businesses by 2020, up from the current 500,000, and will offer assistance in the early stage of startups, Deputy Prime Minister Vương Đình Huệ said at an international seminar held in HCM City yesterday.

PM issues budget directive

Prime Minister Nguyễn Xuân Phúc has asked ministries and agencies to initiate drastic and effective measures to ensure a balance in the State budget amid decreasing revenues and rising expenditure.

Việt Nam sees boom in e-payments

Increased use of electronic payment products added US$880 million to Việt Nam’s Gross Domestic Product (GDP) from 2011 to 2015, according to a new report released by Moody’s Analytics.

VN total retail sales increase

Việt Nam’s total retail sales and services revenue reached VNĐ1,430 trillion (US$63.4 billion) in the first five months of this year, a year-on-year increase of 9.1 per cent, officials said.

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