High-speed railway imperative for Việt Nam’s development

Due to Việt Nam’s natural features and geography, the development of a high-speed railway is imperative and any delays will hinder socio-economic growth, Chairman of Vietnam Railways Vũ Anh Minh has said.

More than $1.7 billion mobilised through G-bond auctions in Q1 In the quarter, the total value of listed G-bonds was estimated at more than VNĐ1.34 quadrillion, down 0.7 per cent compared to late 2020.

Thriving equity market helps boost business transparency The development of the equity market will help promote the transparency and corporate governance of listed companies, especially public companies with State capital, an official has said.

Prime Minister asks Nghệ An province to lure big, strategic projects Central Nghệ An Province should work harder to attract major and strategic projects, thus creating remarkable changes, Prime Minister Nguyễn Xuân Phúc told local key officials at a working session on Sunday.

Insurance industry continues good trends in 2021 The insurance industry is forecast to continue gaining double-digit growth this year thanks to new bancassurance contracts signed late last year and the recovery of the economy.

Insurance market sees growth this year despite COVID-19 Việt Nam's insurance market has experienced growth this year, while many other sectors are suffering a lot of negative impacts from the COVID-19 pandemic, according to the Ministry of Finance.

Proper distribution of resources key to sustainable growth Trương Văn Phước, a member of the Prime Minister’s economic advisory group, talks to the Government portal about the measures needed to retain economic growth.

Banks target consumer loans for higher credit growth Commercial banks are trying to boost individual consumer loans, especially to home and car buyers, since credit growth had slowed due to low capital demand from businesses.

Improving sentiment lifts emerging East Asian bonds The improvement of global investment sentiment and financial conditions has provided a much-needed lift for local currency bond markets in emerging East Asia, including Việt Nam, despite risks from the COVID-19 pandemic, according to the latest issue of the Asian Development Bank’s (ADB) Asia Bond Monitor.

Almost $1 billion worth of G-bonds auctioned in August On the secondary G-bond market, average trading volume reached VNĐ8.38 trillion per auction.