Vietnamplus

Some qualified commercial banks are forecast to get higher credit growth quotas from the State Bank of Việt Nam (SBV) in the next few months.

Cambodia and Japan have signed a deal for the funding of the container terminal expansion at Sihanoukville deep-water port in the Cambodian province of Preah Sihanouk, reported the Kampuchea Thmey Daily on August 8.

Thailand’s Kasikornbank (KBank) is pressing ahead with plans to become a regional digital bank, with an expansion drive in Vietnam.

National Assembly Chairman Vuong Dinh Hue on July 25 asked the Binh Son Refining and Petrochemical JSC (BSR), a wholly-owned subsidiary of PetroVietnam, to mobilise all resources for the expansion and upgrading of the Dung Quat Oil Refinery.

Deputy Minister of Transport Le Anh Tuan has freshly signed a document requesting competent agencies start projects at the Con Dao airport in the southern province of Ba Ria – Vung Tau in an effort to enable the airport to host 2 million passengers per year.

Panasonic Electric Works Vietnam Co. Ltd. (Electric Works Company) will accelerate the expansion of its electrical construction material business to grow sales by approximately 3.5 times over the next decade, equivalent to a 365 million USD increase.

Banks are forecast to have a credit expansion at the end of the third quarter of 2022, according to Saigon Securities Incorporation.

The Vietnamese Government is willing to create favourable conditions for foreign enterprises, including those from the Republic of Korea (RoK), to expand investment and business in Vietnam, Deputy Prime Minister Pham Binh Minh told Chairman of Daewoo E&C Group Jung Won-ju.

Prime Minister Pham Minh Chinh applauded Intel’s decision to expand its investment in Vietnam while receiving its CEO Patrick Gelsinger in Hanoi on May 27.

Vietnam and Japan have the potential to expand trade in various fields, particularly farm produce and food, experts said at a consultation for Vietnamese exporters held in both online and in-person formats on April 8.

Authorities of the southern province of Binh Duong on March 29 met with Yeh Ming Yuh, Director-General of Polytex Far Eastern Vietnam, to discuss how to help the textile firm to resolve issues facing its expansion project at Bau Bang Industrial Park.

The strong development of the stock market, with rising retail investors and financial investment demand, has prompted many banks to cooperate with securities firms and fund management companies to add more cross-selling products.

Given numerous difficulties predicted for fruit and vegetable sale both at home and abroad in 2022, Vietnamese businesses have been recommended to improve processing and expand their market right from the year’s beginning, the Nhan dan (People) daily reported.

The Vietnamese Government always creates the best possible conditions for businesses and investors, including Samsung, to expand operations in Vietnam, Prime Minister Pham Minh Chinh affirmed on January 20.

With positive effects after one year of implementing the model “School meals with reasonable nutrition combined with increased physical activity for Vietnamese children and students”, leaders of the schools and localities all expressed their wish that the model will continue to be deployed and replicated so that all students can enjoy the benefits brought by the model.

The APEC Statue Park expansion project was inaugurated in Hai Chau district of Central Da Nang city on January 10.

It is an urgent need for Vietnam to increase public transport and reduce private vehicle. This was agreed at a recent debate of representatives from nine sub-committees of the National Traffic Safety Committee.

Vietnam stands ready to create favourable conditions for Luxembourg investors to expand business in areas of both countries’ shared interest, Ambassador to Luxembourg Nguyen Van Thao said after presenting his credentials to Grand Duke of Luxembourg Henri on November 17.

Vietnam has shown concern about Israel's continuous expansion of resettlement areas in the West Bank, including East Jerusalem, affirming that the activity is against international law and weaken the prospect of the two-state solution.

Hanoi’s population, as of July 2021, reached over 8 million, increasing by almost 200,000 people per year on average.