Shares up as US rates unchanged Business

Shares up as US rates unchanged

Vietnamese shares rose on both local exchanges, ending a three-day losing streak, after financial firms got a boost from the US central bank's decision not to raise lending interest rates.
Tien Sa port set for major upgrade Business

Tien Sa port set for major upgrade

Da Nang port, the largest in central Vietnam, will invest 1 trillion VND (47.6 million USD) for the second phase upgrade of Tien Sa port in the second quarter next year.
Vietnam rises in business ease world ranking Business

Vietnam rises in business ease world ranking

The World Bank has ranked Vietnam 90 out of 189 countries in its latest report on the ease of doing business globally; also known as the Doing Business report, which was released on October 28.
ISO 20022 helps Vietnam integrate in AEC Business

ISO 20022 helps Vietnam integrate in AEC

The State Bank of Vietnam plans to apply the ISO 20022 standard – a universal financial industry message scheme – by 2019 to facilitate cross-border transactions of the banking system.
Forum seeks end to loan sharks Business

Forum seeks end to loan sharks

Demand for consumer credit is growing strongly and it is time to eradicate private money lending, a round table on financial issues heard in Ho Chi Minh City on October 20.
Korean, Vietnamese agencies bust phone scam Society

Korean, Vietnamese agencies bust phone scam

The Republic of Korea (RoK)’s police and authorised Vietnamese agencies recently arrested 34 people involved in a phone scam ring, including 31 RoK nationals, two Vietnamese and one Chinese.