ASEAN Defence SOM Working Group meeting opens World

ASEAN Defence SOM Working Group meeting opens

A meeting of the ASEAN Defence Senior Officials' Meeting Working Group (ADSOM WG) opened in the central city of Da Nang on January 9, with over 80 delegates from policymaking units of 10 ASEAN countries’ defence ministries and ASEAN Secretariat taking part.
UNSC presidency – “golden chance” for Vietnam: Deputy PM Politics

UNSC presidency – “golden chance” for Vietnam: Deputy PM

Vietnam’s assumption of the United Nations Security Council (UNSC)’s non-permanent membership for the 2020-2021 tenure and the UNSC’s presidency in January 2020 is a valuable opportunity for the country to contribute constructively and responsibly to the international community’s common affairs.
State Bank orders actions to fight black credit Business

State Bank orders actions to fight black credit

The State Bank of Vietnam (SBV) has issued a document requesting credit organisations and branches of foreign banks to expand credit activities serving production, business and consumption as part of efforts to limit “black credit”.
Japan, China, RoK enhance banking cooperation with ASEAN World

Japan, China, RoK enhance banking cooperation with ASEAN

Government-backed development banks of Japan, China and the Republic of Korea (RoK) have signed an agreement with public and private financial institutions in Southeast Asia to meet growing demand for infrastructure projects in the fast-growing region.
SeABank completes settlement of VAMC special bonds Business

SeABank completes settlement of VAMC special bonds

The Southeast Asia Joint Stock Commercial Bank (SeABank) has completed the early redemption of all special bonds at the Vietnam Asset Management Company (VAMC), thereby helping the bank proactively monitor and handle bad debts.
Investment in farm land needed: experts Business

Investment in farm land needed: experts

Vietnam was in urgent need of policies to develop a transparent and sustainable agricultural land market to attract more investment in the farming sector, according to the Vietnam Real Estate Association.
Small banks struggle to meet Basel II deadline Business

Small banks struggle to meet Basel II deadline

Capital difficulties are putting pressure on some banks struggling to meet the central bank’s Basel II deadline of early next year, but experts suggest the central bank should not delay the process.
Public non-business units slow to change Business

Public non-business units slow to change

To improve the quality of public products and services, the Government in June 2015 issued a decision to transform public non-business organisations into joint-stock businesses.