Vietnam braces for economic effects of COVID-19 Business

Vietnam braces for economic effects of COVID-19

Vietnam will optimise external resources to spur national economy as the impact of the outbreak of acute respiratory disease caused by a new coronavirus (COVID-19) on foreign investment flows into the country is visible, according to the Ministry of Planning and Investment (MPI).
Central bank warns of NPLs from transport projects Business

Central bank warns of NPLs from transport projects

The State Bank of Vietnam (SBV) has said it would continue to direct credit institutions to strictly control credit in potentially-risky areas such as real estate and securities, especially Build-Operate-Transfer (BOT) and Build-Transfer (BT) transport projects.