Vietnam rolls out red carpet for Chinese investors
The Vietnamese Government always welcomes Chinese firms to land investments in the country, Prime Minister Nguyen Xuan Phuc has affirmed.
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The Vietnamese Government always welcomes Chinese firms to land investments in the country, Prime Minister Nguyen Xuan Phuc has affirmed.
The Vietnamese Government will continue to support and solidify legal regulations on cashless payment systems, Deputy Prime Minister Vuong Dinh Hue told Anthony Tan, CEO and co-founder of Grab – a ride-hailing platform in Southeast Asia which has been popular in Vietnam over the past five years.
How to ensure financial sustainability and long-term financial services for the poor at the same time remains a headache for both policy makers and financial service suppliers.
An international seminar discussing the spread of the “Saemaul Undong” (new village) model in modern rural development took place in the northern province of Thai Nguyen on August 31.
The State Bank of Vietnam has recently issued a decision on approving a project on green bank development.
Delegates from the Netherlands’ Agriterra agricultural development support organisation shared their experience in coping with impacts of globalisation in developing cooperatives, agriculture and rural areas during a recent workshop in Hanoi.
The State Bank of Vietnam (SBV) has recently issued Decision No.1604/QD-NHNN on approving a project on green bank development.
A 20-year prison term has been proposed for Pham Cong Danh, ex-Chairman of the Board of Directors of the Vietnam Construction Bank (VNCB), for his involvement in the case of “deliberately violating State regulations on economic management, causing severe consequences” at VNCB.
The State Bank of Vietnam (SBV)’s revision of the USD selling price up to 23,273 VND on July 23, a strong increase from the rate it had kept from the month’s beginning, is a move suitable with domestic and foreign markets, an SBV official said.
Deputy Prime Minister Vuong Dinh Hue has asked ministries and sectors to promptly issue documents guiding the implementation of the “One Commune, One Product” (OCOP) programme, while calling for financial and credit organisations to support it.
The central city of Da Nang aims to become a destination for startups and innovation in Southeast Asia by 2030, according to Vice Chairman of the municipal People’s Committee Ho Ky Minh.
The banking sector is optimistic about its growth prospect in 2018 as all of surveyed banks expect the growth rate to be more than 10 percent.
Amidst the fourth industrial revolution, domestic banks have actively invested in technologies to improve their products, services and governance, Vice Governor of the State Bank of Vietnam (SBV) Nguyen Kim Anh told a seminar in Hanoi on June 15.
Ho Chi Minh City’s total retail and service revenue in the first six months of 2018 is estimated at 502.55 trillion VND (22.11 billion USD), up 11.7 percent over the same period last year.
The interest rates were kept stable in the first six months of 2018 while the lending rates for priority fields have decreased.
The majority of lawmakers supported the expansion of the draft amended Anti-corruption Law’s scope to the non-State sector during the 14th National Assembly’s fifth session on June 13 in Hanoi.
The State Bank of Vietnam (SBV) will continue managing monetary policy in an active, cautious and flexible manner and combine with other fiscal and macro-economic policies to control inflation, ensure credit institutions’ liquidity, stabilise monetary and foreign exchange markets.
Ho Chi Minh City’s revenue from goods retail sales in the first half of this year is estimated at more than 328.58 trillion VND (14.47 billion USD), accounting for 65.3 percent of the city’s total earnings from retail sales and services and up 12.9 percent from the same time last year.
