Việt Nam News

The State Bank of Vietnam (SBV) has proposed to issue a separate law on bad debt settlement. The new law would be based on the provisions of Resolution 42/2017/QH14 to ease the work of settling bad debts.

Plentiful liquidity of the banking system has allowed the government to issue bonds with low coupon rates and high winning ratio, MB Securities company reported.

The Vietnam – Korea Institute of Science and Technology (VKIST) has recently signed several MoUs with both domestic and foreign partners on promoting research and development (R&D) in science and technology.

The Mekong Delta province of Kiên Giang has approved a list of 55 projects calling for investment in the 2021-25 period, with total needed capital amounting to over VNĐ20.6 trillion (US$910 million).

The market rose for fourth straight sessions on Thursday as investors sought out for real estate stocks, boosting many large-cap stocks in the group to move higher.

Vĩnh Phúc's Bình Xuyên district has emerged as an investment magnet for foreign investors amid the COVID-19 pandemic.

During the period from October 10 to October 19, the flights will implement seat spacing according to the regulations of the Civil Aviation Authority, it added. 

Three wind power plants in Sóc Trăng Province have been connected to the national grid

Although global oil prices continuously hit new peaks, not all Vietnamese oil and gas companies benefit from the higher prices. 

Growth will however be lower than the 8 per cent target set earlier in this year, the online newspaper Kinh tế & Đô thị reported the MoIT as saying.

The Government Office has instructed the Ministry of Planning and Investment, the Ministry of Finance, the Ministry of Transport and the State Bank of Vietnam to study a proposal by the Vietnam Aviation Business Association (VABA), in which the airline industry is to gain access to VND25 trillion of zero-interest loan.

Several business associations in HCM City have called for scrapping a requirement that workers commuting to the city from elsewhere need to undergo a weekly test for COVID-19 regardless of their vaccination or recovery status.

The market inched higher on Wednesday, extended rallies as investors’ risk appetite improved in the late session, boosting many large-cap stocks to move higher. 

VPBank has launched VPBank Prime, the first financial brand in Vietnam dedicated to the young generations.

Thousands of workers in the southern province of Đồng Nai returned to work on Tuesday (Oct 5) after a three-month furlough due to COVID-19.

Garment products from Taiwan (China) are being showcased at the Taiwan Textile Roadshow, opening in the capital city on Wednesday in the Hà Nội International Exhibition Centre at 91 Trần Hưng Đạo Street.

Sacombank has tied up with Visa to offer Visa Direct Outbound, which allows customers to transfer money from their debit cards to an overseas card, making it the first bank in Việt Nam to offer this service.