Tuesday, August 20, 2019 - 21:44:26

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EU welcomes signing of free trade deals with Vietnam

World

EU welcomes signing of free trade deals with Vietnam

President of the European Commission (EC) Jean-Claude Juncker said on June 25 that he welcomed the decision of the EU member states on approving to entrust the EC to sign the EU-Vietnam Free Trade Agreement and the EU-Vietnam Investment Protection Agreement (EVIPA) with the Southeast Asian country.

Foreign investors set sights on poorly-performing banks

Business

Foreign investors set sights on poorly-performing banks

Foreign financial institutions were eyeing up poorly-performing Vietnamese banks after being given the green light to acquire stakes in local institutions in a move to speed up the restructuring of the country’s banking industry, according to banking expert Nguyen Tri Hieu.

Ba Ria-Vung Tau licenses two solar power plants

Business

Ba Ria-Vung Tau licenses two solar power plants

The People’s Committee of the southern coastal province of Ba Ria-Vung Tau has given the green light to two companies to build two solar power plants with a total investment of more than 1.5 trillion VND (64.66 million USD) in the province.

Property market waits for regulations

Business

Property market waits for regulations

The property market awaits technical standards for the development of small apartments, which may become a trend to deal with the housing crisis caused by the country’s rapid urbanisation.

Unrestricted foreign ownership at Sabeco approved

Business

Unrestricted foreign ownership at Sabeco approved

The Saigon Beer-Alcohol Beverage Corporation (Sabeco) early this week announced that it received an official letter from the State Securities Commission approving unrestricted foreign ownership at the largest beverage company in Vietnam.

Credit institution assets reach nearly 448 billion USD

Business

Credit institution assets reach nearly 448 billion USD

The total assets held by Vietnam’s credit institutions reached more than 10.3 quadrillion VND (447.8 billion USD) by the end of May, an increase of 3.27 percent over the beginning of this year, the latest report from the State Bank of Vietnam (SBV) showed.