Việt Nam News

Việt Nam was entering the third wave of reform, with the goal of slashing at least 20 per cent of business regulations in the next five years, a top official has said.

HCM City is set to roll out a second COVID-19 aid package worth VNĐ12 trillion (US$517.64 million) exclusively for small and medium-sized enterprises (SMEs).

Vietnamese shares on Thursday cheered positive economic news and data while investors remained highly interested in purchasing shares on corporate earnings prospects.

The industrial sector is under great pressure and must change and adapt to new trends to expand markets and integrate deeper into the global value chain.

As the Government was focusing on accelerating the privatisation and divestment of State-owned enterprises (SOEs), attracting foreign investment was important to the success of the progress, according to the Commission for the Management of State Capital at Enterprises (CMSC).

The State Bank of Vietnam (SBV) will cut the benchmark interest rate from today to support the national economy amid difficulties posed by the COVID-19 pandemic.

VPBank was honoured as the best bank for corporate social responsibility (CSR) in 2020 by Asiamoney magazine for its online training programme called “Small Business Academy”.

The 2020 Vietbuild International Exhibition with the theme real estate, architecture and interior and exterior decoration opened in HCM City yesterday (September 30) showcasing a wide range of products, technologies and services.

While many people believe that sugarcane farmers will face difficulties after Việt Nam implements the ASEAN Trade In Goods Agreement, there are also some who say it could offer bright prospects.

The Việt Nam Rubber Group JSC (VRG) plans to invest in tyre and tube production via mergers and acquisitions (M&As) over affiliate companies of the Việt Nam Chemical Group (Vinachem).

Sacombank won four awards from Japanese international card organisation JCB for Leading Licensee in Total Retail Spending Volume, Leading Licensee in New Credit Card Acquisition, Leading Licensee in Cardmember Case, and Leading Licensee in Merchant Sales Growth at the 2020 JCB Annual Meeting chains held recently.

Mid-cap and small-cap stocks boosted the local market on Wednesday while the market sentiment was weighed down by the US presidential election debate.

Located in Hát Lót Commune, Mai Sơn District, the Doveco Sơn La complex is the third of its kind in the province with a designed capacity of more than 50,000 tonnes of products each year and a total investment of about VNĐ400 billion (US$9.3 million).

Deputy Prime Minister Trịnh Đình Dũng has signed a decision to establish the Quảng Yên Coastal Economic Zone in the northeastern province of Quảng Ninh. Earlier this May, Quảng Yên was added to the national plan for coastal economic zones.

Work on three sections of the Eastern North-South Expressway started on Wednesday.

The Government has directed the State Bank of Việt Nam (SBV) to add non-performing loan (NPL) settlement regulations under Resolution No.42/2017/QH14 into the revised Law on Credit Institutions, SBV’s deputy governor Nguyễn Kim Anh said on Wednesday.

The Phu My Hung Development Corporation and Lawrence S. Ting Fund recently organised its 18th scholarship award ceremony, presenting 232 scholarships worth a total of VND2.8 billion (US$120,000) to outstanding students in HCM City and other provinces.

Billions of banking stocks are about to flood the market with banks planning to pay stock dividends and issue new shares to raise their charter capital.