Ministry works on national strategy on industrial development through 2030 The Ministry of Industry and Trade (MoIT) is drafting the National Strategy on Industrial Development through 2030 with a vision to 2045 to submit to the Government in the next quarter.

Most adults to have bank accounts by 2030

The State Bank of Việt Nam (SBV) must take action to ensure 90 per cent of the Vietnamese population over the age of 15 have bank accounts by 2030.

Coal-fired power set to grow to meet Vietnam’s needs

Though the Government plans to increase its renewable energy capacity, Việt Nam’s power industry is forecast to see a rise in coal-powered generation as the cheap and reliable source remains the most feasible option to meet the country’s rapidly rising power demands.

N. Korean official reconfirms denuclearisation in IPU address

North Korea said that it is determined to faithfully carry out its summit agreement reached with the United States in June to promote peace on the Korean Peninsula.

Banks hope to lure foreign investors

Despite the current increasing foreign investment inflows, merged and acquired banks will consider selling stakes to foreign investors after completing the restructuring to up the attractiveness of sales, bank officials said.

Int’l officials praise SBV

Representatives of international credit and finance organisations praised Việt Nam’s monetary policy and efforts to help the nation maintain macro-economic stability this year.

German, VN officials discuss small businesses

Small- and medium-sized enterprises play a vital role in national development, Vietnamese and German politicians said in Hà Nội yesterday, during a dialogue between the Communist Party of Việt Nam and the Social Democratic Party of Germany (SPD).

Banks profits surge thanks to services

Some commercial banks have reported high profits in the first nine months of the year thanks to a restructuring effort which focuses on services instead of lending as previously done.

Nation to intensify self-reliance

Việt Nam will speed up rationalising agriculture in concert with building new-style rural areas as part of policies for effective global economic integration, stated a Party resolution issued in Hà Nội last Saturday.

Minister slams wasteful firms

Avoiding wasted investments, speeding up administrative reforms and improving social conditions are needed for sustained development, National Assembly deputies said yesterday at a session devoted to socio-economic progress.