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.
HCM City reforms customs procedures Business

HCM City reforms customs procedures

Customs clearance will be conducted right at the wharf in Cat Lai port in Ho Chi Minh City under a project that was officially launched by the municipal Customs Department on November 13.
Czech-Vietnamese encyclopaedia wins Czech literature award Society

Czech-Vietnamese encyclopaedia wins Czech literature award

The six-volume Czech-Vietnamese encyclopaedia was among eight works honoured at the 2019 award for literature by the Czech Writers’ Association in Prague on November 9 in recognition for their significance to the country’s literature and culture.
Digital payments to bring Da Nang 72 million USD Business

Digital payments to bring Da Nang 72 million USD

Increased use of digital payments has the potential to add 72 million USD annually to central Da Nang city’s economy, according to the latest study from Visa, “Cashless Cities: Realising the Benefits of Digital Payments".