Former transport minister sentenced to 10 years in prison over expressway fraud The HCM City People’s Court on Tuesday sentenced former Minister of Transport Đinh La Thăng 10 years in prison for violating regulations on the management and use of State assets, causing waste and losses at the HCM City-Trung Lương Expressway project, a major toll road in southern Việt Nam.

Hi-tech agriculture enterprises need easier access to credit Hi-tech agriculture enterprises need to be provided with easier access to banking credit to have resources for applying latest technology advancements to promote the develop of agriculture in the era of Industry 4.0.

HCM City announces guidelines for issuing apartment ownership certificates HCM City authorities have issued guidelines to speed up the issuance of land use and home ownership certificates to buyers to prevent disputes with housing developers.

Trial opens over HCM City-Trung Lương Expressway fraud

The People’s Court of HCM City on Monday opened the first-instance trial looking into bidding and accounting fraud in the HCM City-Trung Lương Expressway project, a major toll road in southern Việt Nam.

VN to soon have a debt exchange Establishing a debt exchange has been earmarked as a key task of the State-run Việt Nam Asset Management Company (VAMC) over the next five years, a good signal for the formation of long-waited debt trading floor to resolve bad debts..

HDBank becomes one of few banks in VN to offer L/C confirmation service through ADB’s TFP HDBank is offering confirmation for letters of credit issued by foreign banks within the framework of the Asian Development Bank’s Trade Finance Programme, becoming one of the few banks in Việt Nam to provide the service through the ADB programme.

SCB to increase charter capital by VNĐ15 trillion in 2020-2030

The shareholders of Saigon Commercial Joint Stock Bank (SCB) Monday approved the plan to raise charter capital by VNĐ15 trillion (US$649 million).

State Bank proposes expanding VAMC's operation The State Bank of Việt Nam (SBV) proposes expanding The Việt Nam Asset Management Company (VAMC) operations, saying the agency should purchase and sell bad debts and assets of all sectors in the economy.

Interest rate for home loans forecast to stay low in 2021

Since the outbreak of the COVID-19 pandemic in January, the State Bank of Việt Nam (SBV) has slashed rates three times.

Investors interested in LNG projects in Vân Phong EZ Many foreign and domestic companies have been keen on building multibillion-dollar liquefied natural gas power and storage plants in the central province of Khánh Hòa.