Thursday, November 15, 2018 - 16:47:24

Banks key in country’s green growth strategy

Business

Banks key in country’s green growth strategy

The banking sector plays a key role in “green” investment, including directing credit flow into environmentally-friendly sectors and restricting flow into projects which might have negative impacts on the environment.

Tien Giang: Number of new enterprises surges

Business

Tien Giang: Number of new enterprises surges

The southern province of Tien Giang recorded 556 newly-established enterprises with total registered capital of more than 3.5 trillion VND (149.3 million USD) in the first 10 months of 2018, up 8 percent and 67.6 percent year-on-year, respectively.

Vietnam targets effective ODA use, management

Business

Vietnam targets effective ODA use, management

Vietnam will focus on handling bottlenecks and promoting the disbursement and effective use of official development assistance (ODA) and preferential loans from donors between 2018 and 2020, per a plan recently approved by Prime Minister Nguyen Xuan Phuc.

Banks race to issue bonds for capital hike

Business

Banks race to issue bonds for capital hike

Many banks have issued a large amount of bonds to raise capital in a move to meet high demand during year-end’s peak lending season and prepare to meet the State Bank of Vietnam (SBV)’s regulations on tightening the use of short-term funds for long-term loans from early next year.

New regulations on GSP issued

Business

New regulations on GSP issued

The Ministry of Industry and Trade has issued new regulations on the implementation of the Generalised System of Preferences (GSP) of the European Union, Norway, Switzerland and Turkey.

Party official welcomes Assistant US Trade Representative

Business

Party official welcomes Assistant US Trade Representative

Head of the Communist Party of Vietnam Central Committee (CPVCC)’s Economic Commission Nguyen Van Binh received Assistant US Trade Representative for Services and Investment Daniel Bahar in Hanoi on November 8, asking the US side to increase dialogues in a bid to promptly handle trade barriers.

Viettel Global reports profits of 57.1 million USD in Q3

Business

Viettel Global reports profits of 57.1 million USD in Q3

Viettel Global Investment JSC, a subsidiary of Viettel Military Industry and Telecoms Group, reported revenue of 4,428 billion VND (188.6 million USD) and profit of 1,342 billion (57.1 million USD) in the third quarter of 2018, increases of 5 and 8 percent year-on-year.

Vietnamese businesses upbeat about trade

Business

Vietnamese businesses upbeat about trade

Vietnamese enterprises are among the world’s most optimistic about international trade prospects and most confident when it comes to succeeding in the current environment, according to an HSBC report.