Singapore tightens monetary policy World

Singapore tightens monetary policy

Singapore has decided to tighten its monetary policy for the first time in six years as part of efforts to cope with risks of global trade tension, local authorities announced on April 13.
Vietnamese defence minister stresses importance of MCIS Politics

Vietnamese defence minister stresses importance of MCIS

The Moscow Conference on International Security (MCIS) has been an important forum contributing to maintaining and promoting peace, stability and security in Asia-Pacific and the world, said Vietnamese Defence Minister General Ngo Xuan Lich.
Committee urged to focus proposals on macro economy, financial market Business

Committee urged to focus proposals on macro economy, financial market

Prime Minister Nguyen Xuan Phuc has asked the National Financial Supervisory Committee to coordinate with competent ministries and agencies to give proposals to the Government and the PM on major economic issues, especially those regarding the macro economy and financial market supervision.
Blockchain technology may open new era Business

Blockchain technology may open new era

Blockchain, a new technology to help explore the various forms of crypto-currencies, could open up new attractive environment for all businesses and investors, said Nguyen Duc Cuong, head of consultancy division at Vietstock – a local financial-business media.
Company reports must meet world standards Business

Company reports must meet world standards

Credit-risk management should be enhanced to make sure business information was transparent and reliable to improve Vietnam’s trade, economic and investment conditions, according to Nguyen Quang Thuan, CEO from data analysis firm StoxPlus.
Vietnam affirms commitment to multilateral trading system Business

Vietnam affirms commitment to multilateral trading system

Deputy Minister of Industry and Trade Tran Quoc Khanh highlighted Vietnam’s commitment to promoting the multilateral trading system while addressing a plenary session of the 11th World Trade Organisation (WTO) Ministerial Conference in Argentina on December 11.
Firms warned on int’l payment risks Business

Firms warned on int’l payment risks

Vietnamese firms should study their trade partners carefully, choose suitable payment methods and buy exchange rate insurance to avoid risks when making international payment, a seminar heard in HCM City on December 5.
Vietnam says bad debts under control Business

Vietnam says bad debts under control

Nonperforming loans (NPLs) must be revolved at the earliest, especially in the banking and financial sector, in order to strengthen Vietnam’s economy, ensure efficiency and boost effectiveness in capital allocation, a World Bank Group (WBG) official told a seminar on September 26.
Vietnam, Laos heed border, territorial issues Politics

Vietnam, Laos heed border, territorial issues

Prime Minister Nguyen Xuan Phuc stated that Party, State and Government leaders of Vietnam and Laos have always paid special attention to border and territory-related issues between the countries. ​
Experts worry over e-money’s red-hot growth Business

Experts worry over e-money’s red-hot growth

Experts voiced real concern over safety and legal status of e-money since Bitcoin, a form of cryptography-based e-money, is believed to potentially cause risks for users due to its highly volatile value.