Economy - Vietnam News | Politics, Business, Economy, Society, Life, Sports

Draft e-commerce law proposes 10 prohibited acts

Market recovers on bottom fishing

Benchmark indices settled higher on Tuesday, reversing yesterday’s course as losses in the last two sessions triggered bottom finishing activities.

Singapore investors buy 36 per cent of local restaurant chain

Local restaurant chain owner, Golden Gate Joint Stock Company has announced the transfer of 35.95 per cent of shares to a group of three new stakeholders from Singapore.

Price control of key commodities a top priority for central government

The central government views price controls of key commodities, such as petrol, steel, concrete, transport, livestock feed, food and medical equipment, as a top priority, said deputy Prime Minister Lê Minh Khái in a meeting with ministries and local authorities on Monday.

PM directs five ministries to solve cashew export scam

The Government has called upon five ministries to help get to the bottom of a recent problem Vietnamese cashew nut exporters have been facing in the European market.

Fitch affirms ‘BB’ rating, positive outlook for Northern Power Corporation

Việt Nam Electricity (EVN)’s Northern Power Corporation (EVNNPC) has retained its long-term foreign-currency issuer default rating at “BB” with a positive outlook as issued by Fitch Ratings.

Vietnamese users eligible to open virtual credit cards

The Vietnam International Bank (VIB) has announced the expansion of the card opening ecosystem in the Bizverse World virtual environment

Index of Industrial Production increases

The index of industrial production (IIP) grew by 8.5 per cent in February over the same period last year, marking the fourth consecutive monthly increase.

Two-thirds of SMEs in ASEAN unable to secure funding

In Southeast Asia, nearly half (48 per cent) of small-and-medium-sized enterprises (SME) had to rely on friends and family for loans, according to a new report from the cloud banking platform Mambu.

FAST500 firms optimistic about 2022

Some 83.3 per cent of the 500 fastest-growing companies in Việt Nam (FAST500) are optimistic about the outlook and growth opportunities of the domestic market this year.

Re-operating businesses surge over two months

The business community’s confidence in the Government’s drastic and timely solutions has caused the number of businesses re-operating to increase sharply in the first two months of 2022, according to the General Statistics Office.

Pilot resolution on bad debt settlement proposed to be extended until 2025

The State Bank of Việt Nam (SBV) has proposed to continually handle bad debts of credit institutions based on the provisions of pilot Resolution 42/2017/QH14 until 2025 instead of this year.

Việt Nam receives fewer warnings over banned chemicals in exported shrimp

Eight shipments received warnings related to banned antibiotics, accounting for 12.5 per cent of total shipments.

Russia-Ukraine conflict represents a challenge for exporters

There are going to be both ups and downs for Vietnamese exporters as the Russia-Ukraine conflict intensifies said industry experts and policymakers.

National Assembly to decide on tax cut for petrol products

A draft resolution on the environmental protection tax rates on petroleum, oil and lubricants, was submitted to National Assembly Standing Committee yesterday for final approval.

MoMo and Gojek announce strategic partnership, integrating MoMo’s wallet on the Gojek app in VN

MoMo and mobile on-demand services platform Gojek have announced a strategic partnership that will see the former become the first e-wallet to be integrated into the Indonesian company’s app in Việt Nam.

FPT Group to build education complex in Hà Nam

The People’s Committee of Ha Nam province last week handed over an investment registration certificate to FPT Education of the technology service company FPT Group to invest in Nam Cao University Area in Phủ Lý City.

Shares fall deeply on rising selling force

The stock market finished lower on Monday as stocks across all sectors faced strong a sell-off from early in the session.

Domestic credit cards have ample room for growth: experts

There is still ample room for domestic credit card (DCC) growth since the number of DCC holders is relatively low in Việt Nam

Stopping the gold fever needs State management

The price discrepancy between the domestic and world gold price will create the "gold trading" mentality which needs the State management.

Banks cooperate with securities firms for expansion

The strong development of the stock market, with rising retail investors and financial investment demand, has prompted many banks to cooperate with securities firms and fund management companies to add more cross-selling products.