The State Bank of Việt Nam (SBV) will issue regulations on guiding commercial banks to implement a VNĐ100 trillion (US$4.4 billion) credit package with preferential interest rates for high-tech agriculture projects.
Novaland Group (NVL) on Wednesday said it would not participate in the restructuring of Saigon Commercial Joint Stock Bank (Sacombank) as planned previously, online newspaper vneconomy.vn has reported.
The Vietnamese market is witnessing an increasing number of large bakery and confectionery companies, highlighting the sector’s potential for foreign investors, Dieter Dohr, general director-cum-chairman of GHM Company, said.
Việt Nam-based mobile platform provider Appota announced on Thursday it had successfully raised undisclosed funding for its series C round from two investment funds in the Republic of Korea (RoK), according to the Đầu Tư (Investment) newspaper.
Australian budget carrier Jetstar Airways on Wednesday announced the launch of direct flights from Melbourne and Sydney to HCM City.
Vietnam National Coffee Corporation (VINACAFE) will begin equitisation in the third quarter of this year, according to Deputy Minister of Agriculture and Rural Development Hà Công Tuấn.
The market stabilisation programme for essential goods in HCM City has contributed to ensure social security and meet consumer demand, especially from low-income earners, over the last 15 years, according to city authorities.
Prime Minister Nguyễn Xuân Phúc has urged ministries, sectors and localities to work hard to enhance the added-value of Vietnamese rice.
Central Bình Định Province has attracted 12 domestic and foreign investment projects to economic zones in the first quarter of the year, provincial People’s Committee chairman Hồ Quốc Dũng said.
Lending from January to March 23 rose by 3.14 per cent against the end of last year, according to a new report from the State Bank of Việt Nam (SBV).
The State Bank of Việt Nam plans to reduce the ratio of non-performing loans (NPLs) to below 3 per cent by 2020 under an action plan to implement a government resolution.
Việt Nam’s import value of animal feed and material for production of animal feed witnessed a year-on-year increase of 41.6 per cent in the first quarter of this year.
San Miguel, the Philippines’ largest brewery corporation, is “evaluating and may bid” for Việt Nam’s Saigon Beer Alcohol Beverage Corporation (SABECO), company president Ramon Ang told Bloomberg reporters on March 31.
Shares fell on the two local markets on Wednesday ahead of the national holiday as large-cap stocks suffered from low investor confidence.
The Ministry of Transport has proposed revoking regulations that require transport businesses to have a minimum number of vehicles according to the type of transport service they have registered to provide.
Shares closed on positive note yesterday as investors speculated on first-quarter earnings results as well as information concerning annual shareholders’ meetings of many listed companies this month.
HCM City’s technology-based programme to control and trace the origin of pork that began recently is encountering difficulties, according to the Department of Industry and Trade.
Việt Nam should have savvy foreign direct investment (FDI) policies that direct capital to modern and environmentally friendly technologies and promote technology transfer to make local firms more competitive, experts say.
Deputy Prime Minister Trịnh Đình Dũng has asked Electricity of Việt Nam (EVN) to develop green power with prices people can afford, adding that the transparency in power pricing must be improved.
Malaysian budget airline AirAsia Berhad plans to start a low-cost carrier in Việt Nam, co-operating with local businesses to enter the country’s booming travel market, company representatives told Việt Nam News.
