Saturday, November 17, 2018 - 18:26:30

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.

Thang Long Industrial Park III’s first phase inaugurated

Business

Thang Long Industrial Park III’s first phase inaugurated

Japan’s Sumitomo Corporation, in collaboration with the Thang Long-Vinh Phuc Industrial Park Co.,ltd, inaugurated the first phase of its third Thang Long Industrial Park (TLIP III) in Thien Ke commune, Binh Xuyen district, the northern province of Vinh Phuc on November 8.

VinFast gets 581 mln USD in nine months

Business

VinFast gets 581 mln USD in nine months

Vingroup has injected more than 13.6 trillion VND (581.32 million USD) into its VinFast automobile project in the first nine months of this year, marking an increase of over 12.9 trillion VND compared with the beginning of last year.

New securities law is a better fit for market

Business

New securities law is a better fit for market

The new amended draft law on securities was revised based on the inheritance of the current Securities Law, broadening the scope of regulation and adopting a new approach more suited to market condition and overcoming the remaining limitations of the current law.