Not lending to property sector will have mixed effects: analysts

Deputy Governor of the State Bank of Việt Nam, Đào Minh Tú, announced at the Government’s March press conference that credit growth in the first quarter of the year had been 5.04 per cent, much higher than the 2.16 per cent rise in the same period last year.

SSC prioritises stabilising solutions for stock market

The State Securities Commission (SSC) is closely monitoring the developments of the economic - political situation, assessing the influence on Việt Nam's stock market in order to promptly take appropriate solutions aimed at stabilising the domestic stock market, said a representative of SSC.

Market likely to expand bearish trend: analysts

Markets experienced the worst performance since March 2020 last week due to strong selling pressure. Experts said that with the current conditions, downside risk is still dominating the market. 

Localities clamp down on land hoarding and speculation

Hà Nội's authority has halted processing all land partition applications of agricultural lands or lands made up of agricultural lands and non-residential lands in a move joined by other localities across the country to combat real-estate speculation and hoarding, said a recent memo by the capital city's authority to the department of natural resources and environment.

Authority targets tax evasion by high earners

The tax authority is to clamp down on tax evasion by Vietnamese nationalities who generate income on international e-commerce and social media platforms, according to the head of the General Department of Taxation Cao Anh Tuấn.

ASEAN leaders meet with US business community in Washington

Vietnamese Prime Minister Phạm Minh Chính and leaders of member states of the Association of Southeast Asian Nations (ASEAN) had a meeting with the US business community on May 12 (US time) within the framework of the ASEAN-US Special Summit.

SABECO shows love for sports spirit of SEA Games 31

The Ministry of Culture, Sports & Tourism (MoCST) and Saigon Beer - Alcohol - Beverage Corporation (SABECO) signed a cooperation agreement for 2022 based on Friday's shared objectives in the areas of Culture and the Arts, Tourism and Cuisine, and Sports.

Denmark pours US$100 million into Bình Dương Province

Pandora, a Danish jewellery manufacturer, will invest US$100 million in building a new facility in the Việt Nam Singapore Industrial Park (VSIP) in the southern province of Bình Dương, under a memorandum of understanding signed between two sides on Thursday.

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