State-owned enterprises told to sell up

Prime Minister Nguyen Tan Dung has directed ministries, sectors, as well as State-owned groups and corporations to complete the withdrawal of their capital from non-core businesses by this year end.

Stock lending capped at 5 percent of banks' charter capital

Starting next February, total outstanding loans that commercial banks and branches of foreign banks may offer for stock investment cannot exceed 5 percent of their charter capital, according to a circular issued on November 21 by the State Bank of Vietnam (SBV).

Q1 budget revenue: positive signs for rest of year

State budget collection in the first quarter of 2014 recorded a significant increase of nearly 16 percent over the same period last year, creating favourable conditions to implement budget spending, ensure a balanced budget and maintain macroeconomic stability.

Ministry looks for ways to boost FDI attraction

The FDI sector attracted nearly 22 billion USD and achieved a trade surplus of nearly 13.9 billion USD, significantly contributing to the development of Vietnam’s economy in 2013. However, it would have contributed more if shortcomings in FDI attraction and disbursement had been improved. Report by the Vietnam Economic News on January 23.

Higher quality FDI focus for Vietnam

The Foreign Investment Agency and the Department of Legislation under the Ministry of Planning and Investment (MPI) recently co-held a workshop to look at how Vietnam could sharpen its competitive edge in attracting foreign direct investment (FDI). Report by the Vietnam Investment Review.

PM Dung presents Government’s report at National Assembly

Prime Minister Nguyen Tan Dung presented the Government’s report on the socio-economic situation in 2013, results of the first three-year implementation of the five-year plan 2011-2015 and the tasks for 2014-2015, on the first day of the 6 th session of the 13 th National Assembly, which opened in Hanoi on October 21.
Vietnam, Laos foster Party inspection work Politics

Vietnam, Laos foster Party inspection work

Vietnam and Laos will continue boosting cooperation and experience exchanges, both theoretically and practically, in supervision and inspection of Party organisations and members.

State Bank tightens grip on gold market

The State Bank of Vietnam has closely monitored gold bar transactions, especially those with great value, to better manage the market and watch for money laundering.