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 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.
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.
The proposal to impose a 5 per cent tax on inorganic fertiliser exports may increase costs and reduce the competitiveness of Vietnamese fertilisers.
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.
Deputy Prime Minister Lê Minh Khái clarified a number of issues raised by National Assembly (NA) deputies regarding banking activities as part of the ongoing NA third meeting's question-and-answer session on June 9.
Chairman of the Lạng Sơn Provincial People’s Committee Hồ Tiến Thiệu held a meeting with BayWa r.e. Wind Projects Vietnam Co Ltd on Wednesday to discuss investment in wind power projects in the northern mountainous province.
The Japanese-based Mikazuki Hotel Group opened the 13ha Mikazuki Japanese Resort & Spa in the central coastal city of Đà Nẵng on Wednesday.
Amazon Global Selling and the Vietnam E-commerce and Digital Economy Agency (iDEA) under the Ministry of Industry and Trade on Wednesday signed a Memorandum of Understanding (MoU) to collaborate on the initiative to support the manpower development for enterprises to unlock opportunities with export through e-commerce.
.jpg)
Minister of Finance Hồ Đức Phớc told National Assembly (NA) deputies on Wednesday his ministry has been working around the clock to come up with solutions to bring down petrol prices.
Việt Nam’s economy is recovering and businesses are in dire need of capital, especially “cheap” (low interest rate) capital to revive and develop their production and business activities post pandemic. Economist Vũ Đình Ánh talked to the Vietnam News Agency Television about the credit growth and the interest rate towards the end of this year.
Almost 93 per cent of German companies already operating in Việt Nam will continue to invest in the country and over 64 per cent of them expect their business to develop better in the next 12 months, a survey from AHK World Business Outlook–Spring 2022 has revealed.
Focusing on building key industrial products in Hà Nội with high added value, advanced technology and a friendly environment will help turn the city products into a prestigious brand.
The project costs US$3 million and is funded by Japan's non-refundable official development assistance (ODA). It will be implemented from 2022 to 2026, covering seven northern provinces of Hà Nội, Hà Nam, Hưng Yên, Hải Dương, Bắc Ninh, Nam Định and Sơn La.
The US Department of Commerce (DOC) has launched an anti-circumvention and anti-subsidy investigation into wooden cabinets imported from Việt Nam and Malaysia.
Online scams have been climbing steadily in recent years as more people are taken in by "easy money" tricks.
