Vietnam to have high speed train Society

Vietnam to have high speed train

The railway industry can increase the localization rate of locomotives and wagons if policy mechanisms and shortcomings of capital are lifted in order to promote the development of the sector.
Deputy PM orders breakthroughs in social housing development Society

Deputy PM orders breakthroughs in social housing development

Deputy Prime Minister Trinh Dinh Dung has ordered the construction sector to make significant breakthroughs in the development of the affordable housing segment as its supply is increasingly scarce, while the demand for such housing is on the rise.
Cabinet members debate institutional development Politics

Cabinet members debate institutional development

Prime Minister Nguyen Xuan Phuc on August 16 chaired the Cabinet’s regular meeting on the development of institutions. The discussion focused on the revised Law on Public Investment which amends and supplements a number of articles of laws relating to the Planning Law.
Legislators adopt one law, three resolutions Politics

Legislators adopt one law, three resolutions

Legislators passed the law amending and supplementing a number of articles of laws relating to the Planning Law on June 15, also the last working day of the fifth meeting of the 14th National Assembly.
NA Standing Committee’s 23rd session concludes Politics

NA Standing Committee’s 23rd session concludes

The National Assembly (NA) Standing Committee discussed preparations for the fifth sitting of the legislature and adopted two resolutions during six working days of its 23rd session that wrapped up in Hanoi on April 17.
VAMC to buy bad debts at market value Business

VAMC to buy bad debts at market value

Starting 2016, the Vietnam Asset Management Company (VAMC) will mainly buy non-performing loans (NPLs) from credit institutions at market value and restrict using special bonds for the purchase.