Việt Nam News

According to the State Bank of Việt Nam’s department of credit for economic sectors, as of April credit injected into rural and agricultural development had reached VNĐ2.3 million billion (US$100 billion), or 24.6 per cent of the banking sector’s total loans.

IFC’s investment will help OCB improve its outreach to SMEs in Việt Nam.

The Hà Nội Stock Exchange has approved the lisitng of shares of PetroVietnam Phước An Port Investment And Operation Joint Stock Company on the Unlisted Public Company Market (UpCom) from July 14.

The Ministry of Trade and Industry (MoIT) has said it is cooperating with the Ministry of Finance to consider the provision of tax incentives to encourage the development and use of electric vehicles in Việt Nam.

An Bình Commercial Joint Stock Bank (ABBANK) will issue more than 369.6 million ordinary shares this year to increase its charter capital by over VNĐ3.69 trillion to VNĐ9.4 trillion (US$409.96 million).

Even though demand rose quickly after the VN-Index fell to 1,340 point-level, selling forces still dominated leaving analysts from securities firms expecting the market to slide to lower levels this week. 

Digital World JSC (DGW) expects second quarter revenue to reach VNĐ4.16 trillion (US$181.2 million) and with a profit of VNĐ101 billion, up 61 per cent and 110 per cent respectively over the same period last year.

MB posted the record low bad debt ratio of 0.76 per cent in the first half of the year in its history so far. This has been also the lowest level in the banking industry.

The Ministry of Construction will continue to limit the floor-area of new apartments to no less than 25sq.m, according to a new circular on technical regulations for apartment buildings.

Even though he has invested in real estate for more than 10 years and owns houses from the north to the south of Việt Nam, Nguyễn Kiên still lives in a rented house in Hà Nội's Cầu Giấy District.

Retail stocks are becoming attractive assets to many investors after a sell-off on Tuesday despite the market benchmark VN-Index falling.

Tax authorities are aiming to improve tax management of property transactions to prevent tax avoidance and increase State budget collection.

In the northern and north-central parts of the country, Go Digital ASEAN has helped thousands of micro-entrepreneurs improve their capacity to use digital applications to market their products online and access business information and networks to better manage and expand their businesses amid the COVID-19 pandemic.

Việt Nam’s economy will grow from 6-6.5 per cent in the next decade, DBS Bank experts have said.

The Ministry of Agriculture and Rural Development said it would create favourable conditions for firms to promote exports of agricultural products by reducing the number of product categories subject to quarantine inspection as well as applying technology to speed up the customs clearance process.

Logistics firms are worried transport of cargo to and from the Vietnam International Container Terminals will be disrupted by the lockdown of HCM City’s District 7 where it is situated.

Shares lost for two days in a row, ending the week in the red, while retail shares bucked the trend thanks to growth of Mobile World Investment Group.

In the future, the province may expand cross-border sales in Southeast Asian countries.