Vietnam to cut costs, rules for firms Business

Vietnam to cut costs, rules for firms

The private business sector in Vietnam is vital for the economy, however, obstacles and challenges remain, which can only be overcome through the combined efforts of policymakers and business leaders.

Good practices earn firms low-cost loans

Companies with transparent finances, profitability and potential projects may avail of dong loans at 6 – 7 percent interest, the State Bank of Vietnam's (SBV's) weekly revealed on April 14.

Positive signs for banking sector in 2014

Encouraging movements in business activities, bank services, liquidity, credit and capital mobilisation in the banking system in the fourth quarter of 2013 signal a brighter 2014 for the sector.
Chili planters enjoy record price Business

Chili planters enjoy record price

Despite the selling prices of many crops in the southern province of Soc Trang have shown a slowdown this year, chili planters have earned huge profits. Hot chili trees have opened a new, promising business trend for farmers in this Mekong Delta province.

Franchising to open up retail sector in 2014

Franchising will become an indispensable business trend in Vietnam as it would open up retail market further in 2014, lawyer Ho Huu Hoanh, director of the Vietnam Franchising News Online (VietFranchise), said on May 11.