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HCM City pushes major investment into digital technology parks

Việt Nam plans to reduce number of credit institutions

The country will reduce the number of credit institutions and basically finish the settlement of poor-performing banks by 2025 to make the banking system develop healthily and sustainably.

Payment via bank transfer: compulsory for real estate transaction, ministry proposes

The Ministry of Finance has proposed a regulation be brought in to ensure payments for all real estate transactions are carried out via bank transfers.

CIMB and F88 enhance loan access to low-income customers

CIMB Bank Việt Nam and F88 Business JSC have just made a new step in their strategic co-operation, moving toward financial universalisation for the unskilled, low-income working class who have not been able or have difficulty accessing financial services.

Compal to build a new production base in Việt Nam

Compal, the leading global manufacturer of smart electronic devices, is cultivating its production capacity for its worldwide operation to serve international customers' increasing orders.

Deputy PM asks HCM City to adjust infrastructure fees at ports

Deputy Prime Minister Lê Minh Khái has asked HCM City to adjust infrastructure fees at seaports by July.

BayWa r.e. opens wind project representative office in Lạng Sơn Province

Global renewable energy developer, service provider, and distributor, BayWa r.e., has opened its wind projects representative office in Lạng Sơn Province on June 10.

Hòa Phát Group approved for Yên Mỹ II Industrial Park expansion

Hòa Phát Group has been given approval to invest in a project to build and trade infrastructure of Yên Mỹ II Industrial Park expansion in northern province of Hưng Yên.

Rising selling pressure wreaks havoc on market sentiment

Shares finished the week on a negative note, as the selling force gradually grew stronger at the end of the session causing big falls in the market.

Signify's EcoLink brand debuts in Việt Nam

EcoLink’s current portfolio features a wide range of lighting products

VN-Index treads water as large-cap stocks divide

The market struggled on Thursday as large-cap stocks traded on both sides, causing the VN-Index to hover around the reference price.

Tiền Giang to speed up digital transformation

The Mekong Delta province of Tiền Giang plans to complete digital transformation by 2025, ushering in a digital government, economy and society.

Equitisation and divestment move at slow pace

Although equitisation and divestment of State capital in State-owned enterprises (SOEs) adds revenue to the State budget and improves corporate governance, the process is moving painfully slow due to various obstacles.

Banks’ asset quality to remain safe thanks to large reserve buffers

Despite difficulties due to high inflation, declining net interest income (NIM) and rising bad debts, analysts say Vietnamese banks can overcome risks related asset quality thanks to their large reserve buffers and tight control in lending highly risky areas.

HCM City night time economy needs more sparkle

HCM City is yet to tap the full potential of the night time economy despite evidence from other countries that it encourages higher spending by tourists, experts say.

VN-Index sees quick recovery but new trend has yet been formed

The VN-Index is recovering quickly after plunging to 1,165 points in May, however, analysts said there was not yet enough strong information to support the uptrend.

New fertiliser export tax questioned

The proposal to impose a 5 per cent tax on inorganic fertiliser exports may increase costs and reduce the competitiveness of Vietnamese fertilisers.

Internation exhibitions on telecom, electronic products and film and TV begin in HCM City

The international trade show on information technology, telecommunication and electronic products (ICT COMM) and the International Exhibition of Film and Television Technology (Telefilm Vietnam) opened on June 9 at the Saigon Exhibition and Convention Centre.