City aims to improve production of major industries

The chairman of the municipal People’s Committee has asked agencies to improve production of major industries and diversify tourism products, as well as speed up the capital disbursement rate of public investment projects.

Remittances to Việt Nam through banks grow by 12 per cent in 2019

Remittances into Việt Nam in 2019 exceed US$2.5 billion, up by 12 per cent compared with the previous year.

Prime Minister hails OVs’ warm sentiment for homeland Prime Minister Nguyễn Xuân Phúc met a delegation of overseas Vietnamese (OVs) at the annual “Homeland Spring 2020” programme in Hà Nội on Saturday.

Bank liquidity abundant ahead of Tết Though Tết (Lunar New Year) is approaching with rising capital demands, the liquidity of the banking system is abundant, helping interest rates in the inter-bank market drop sharply, industry insiders said.

HCM City leaders praise overseas Vietnamese contributions HCM City Party Committee Secretary Nguyễn Thiện Nhân praised Overseas Vietnamese (OV) for their effective contributions in various fields to the city’s development at a meeting held on January 13.

Bank lending rates expected to fall in the new year

A report by securities firm SSI on the financial and monetary market says deposit interest rates are likely to be cut by 0.5- 1 percentage point this year, and lending interest rates would also be cut by at least 0.5 percentage points as required by the Government.

Việt Nam’s economy is expected to maintain good growth in 2020

Việt Nam is advancing into 2020 following good results in 2019. Experts and companies tell Việt Nam News about their forecasts of the country's economic prospects this year as well as opportunities and challenges facing the country.

Việt Nam’s foreign reserves surge 2.5 times over 2015 Việt Nam’s foreign reserves have surged 2.5 times against 2015, Governor of the State Bank of Việt Nam (SBV) Lê Minh Hưng said.

Several positive factors keep đồng steady against greenback The foreign exchange market is witnessing an unusual phenomenon: the đồng is not just steady against the US dollar but also 0.16 per cent up from its rate at the end of late 2018.

Domestic property market to have enough capital next year Việt Nam's real estate market will not be short of capital next year but will still face many challenges from policies and administrative procedures, experts said at the annual Vietnam Real Estate Forum.