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.
Ministry acts first on environment Environment

Ministry acts first on environment

The Ministry of Natural Resources and Environment has asked agencies to comment on its special project to control companies thought to be likely of polluting the environment - even industries not yet in operation, such as power plants.
Uber, Grab under tighter supervision Business

Uber, Grab under tighter supervision

The Ministry of Transport has submitted the draft of a new circular that includes regulations for passenger transport (by car) through software such as Uber and Grab.
First Vietnamese bank completes Basel II project Business

First Vietnamese bank completes Basel II project

The Orient Commercial Joint Stock Bank (OCB) has become the first Vietnamese bank to complete the implementation of a Basel II project, equipping it with the infrastructure of a modern and safe bank that meets capital, supervisory review and transparency requirements.
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 treasures ties with Cambodia: Party chief Politics

Vietnam treasures ties with Cambodia: Party chief

Vietnam always attaches importance and gives top priority to consolidating and developing the traditional friendship and comprehensive cooperation with Cambodia, Party General Secretary Nguyen Phu Trong said.