Việt Nam News

The decision was made based on the Government’s direction to improve financial conditions.

It is much more difficult for banks to attract cheap capital from non-term deposits, or current account savings account (CASA), in the context of high interest rates on term savings.

Some service companies that have collected the personal data of customers have allowed third parties to access this data source.

World Trade Organisation (WTO) Director-General Ngozi Okonjo-Iweala praised Việt Nam as an example of using trade to accelerate economic development and expand opportunities for people during her visit to the Foreign Trade University (FTU) on May 18.

Shares ended the week on a negative note amid the cautious sentiment ahead of the resistance level of 1,070 points which made the index constantly struggle.

The 19th international exhibition on automobiles, motorcycles, electric vehicles and supporting industries (Autotech & Accessories 2023) opened on Thursday in HCM City with the theme "Breakthrough Transformation".

There could be some partial and local shortages to occur from now to May 25 due to intense heat resulting in high demand for electricity and the drought causing the amount of water in reservoirs of hydroelectricity plants to drop together with slow coal import from Indonesia not meeting the demand for thermal electricity production.

The approval of the Power Development Plan VIII is a positive factor to the domestic stock market, especially electric utility stocks. 

Vietnamese Minister of Industry and Trade Nguyễn Hồng Diên and Director-General of the World Trade Organisation (WTO) Ngozi Okonjo-Iweal agreed to promote the multilateral trading system and other agendas being launched by the organisation, during their working session in Hà Nội on Thursday.

Tín Việt Finance JSC, Dolphin Sea Air Services Corporation and VPS Securities JSC are among the top 10 in the 500 fastest-growing companies in Việt Nam (FAST500) in 2023 as announced by the Vietnam Report JSC and the VietNamNet e-newspaper on Wednesday.

State Budget would lose VNĐ35 trillion (US$1.5 billion) in the last six months of 2023 should the bill pass in the NA.

Despite an overall export decline due to the shortage of orders, foreign direct invested (FDI) businesses still posted more than US$14 billion in trade surplus in the first four months.

The investment of domestic and foreign investors in tourism infrastructure, especially resort real estates, poor rural areas have been turned into enchanted destinations for tourists, making Việt Nam more attractive to investors.

Việt Nam's banking sector has invested over VND15,000 trillion in digital transformation by the end of 2022, according to the State Bank of Vietnam (SBV).

Four State-owned banks have further cut deposit interest rates by 0.2-0.3 percentage points to reach around 7 per cent for 12-month deposits.

Stavian Quảng Yên Petrochemical and Tecnimont on Thursday signed Front End Engineering Design (FEED) service contract for the Stavian Quảng Yên Petrochemical Plant Project.

The stock market finished higher Thursday, boosted by bargain-hunting force seen in large-cap stocks. 

As a responsible member of the WTO, Việt Nam advocates promoting its active role in the WTO's cooperation frameworks, strives to fulfill its commitments and make positive contributions to issues of common concern of the organisation