Commercial banks in Vietnam have provided assistance to more than 44,000 business customers affected by the coronavirus outbreak by delaying loan repayments, lowering interest rates, cutting fees and introducing new credit programs.
(VEN) - In 2019, Japan became the second biggest foreign investor in Vietnam (after the Republic of Korea) with 4,385 projects totaling more than US$59.33 billion in registered capital. Big Japanese names, including Toyota, Honda, Panasonic, Canon, FujiXerox, and Sumitomo, have succeeded in Vietnam with numerous large-scale projects.
(VEN) - Despite the fluctuations of the stock markets in the region due to the effects of the Coronavirus (Covid-19), the Vietnamese stock market continues to attract foreign capital.
(VEN) - Apart from agricultural and aquatic resources, localities in the Mekong Delta also have an abundant workforce. With the quality of management by local government drawing praise, these factors enable the region to attract foreign direct investment (FDI), including Japanese funds.
The Prime Minister has approved investment policy for the Binh Dinh Becamex industrial zone (IZ) under Decision No.270/QD-TTg.
More and more banks have started offering free services to attract customers.
(VEN) - Enterprises in industrial parks (IPs) and industrial clusters (ICs) in Phu Tho Province have contributed significantly to the increase of local industrial production values, export turnover and budget revenues, generating jobs for thousands of workers inside and outside the province. In 2020, Phu Tho will focus on improving its investment environment in order to enhance the efficiency of foreign direct investment (FDI) projects.
(VEN) - The amended Law on Securities will take effect on January 1, 2021. With strict regulations on managing transactions, monitoring private share issuance and ensuring quality of information disclosure, the new law is expected to improve the quality of the securities market and enhance its upgrade.
(VEN) - Economists are forecasting that the Free Trade Agreement and Investment Protection Agreement signed between Vietnam and the EU in June 2019 would pave the way for a wave of European investment in Vietnam. Vinh Phuc Province, in particular, is expected to be an attractive investment destination for European firms.
(VEN) - In 2019, despite numerous difficulties and challenges, the Vietnamese economy continued to achieve impressive results in major fields, especially in attracting foreign investment. Considering foreign direct investment (FDI) as an integral part of the economy, the government has made strong commitments to furthering its efforts to improve the business and investment environment to attract foreign investors.
(VEN) - The Ho Chi Minh Stock Exchange (HOSE) and Vietnam’s securities market will celebrate their 20th anniversary in 2020, entering a new stage of development expected to affirm its importance as a magnet for domestic and foreign investment capital and reverse its liquidity decline.
Citi Vietnam has once again won the The Asset Triple A Country Award for “Best Bank”, one of the most prestigious and very competitive recognition in the financial industry.
Twelve out of 40 commercial banks have so far cleared all their non-performing loans (NPLs) kept at the Vietnam Asset Management Company (VAMC).
(VEN) - The Southern Key Economic Zone (SKEZ) has become Vietnam’s hottest investment destination, accounting for 43 percent of all foreign direct investment (FDI) pledged. The SKEZ has made greater efforts to improve the investment environment, cut red tape and remove bottlenecks in order to enhance further the effectiveness of its FDI attraction.
Foreign investors pumped nearly 700 million USD into the central coastal city of Da Nang in 2019, according to the municipal Department of Planning and Investment.
(VEN) - The banking sector played an important role in Vietnam’s economic achievements of the past year, helping the country reach gross domestic product (GDP) growth of 7.02 percent and fulfill targeted macroeconomic indicators. Flexible monetary and exchange rate policies created an impetus for the development of commercial banks and the economy, while improving investor confidence.
(VEN) - In 2019, Vietnam attracted US$38.02 billion in foreign direct investment (FDI), exceeding the annual forecast. FDI disbursement reached more than US$20.38 billion, the highest annual result so far. These results added bright points to Vietnam’s 2019 economic picture.
(VEN) - Over the past year, Vietnam’s customs and tax authorities have taken steps to reform administrative procedures, improve the business environment and help enterprises perform their integration commitments in the most efficient manner.
(VEN) - Although bank credit for small and medium enterprises (SMEs) has surpassed the economy’s credit growth, SMEs are still thirsty for capital.
The northern midland province of Phu Tho plans to build three more industrial park (IPs) with a total area of 750ha this year, according to the Phu Tho Industrial Parks Management Board.
The State Bank of Vietnam (SBV) held a teleconference in Hanoi on January 2 to set out tasks for the banking sector in 2020 in the presence of Prime Minister Nguyen Xuan Phuc.
(VEN) - The Japan International Cooperation Agency (JICA) is pledging continued aid to wide ranging infrastructure and other projects in Vietnam, but is also expressing concern about the slow disbursement of funds it has already committed to projects that are underway.
As of December 31, 2019, Hanoi posted total budget revenue of over VND249 trillion (US$10.74 billion) since the beginning of the year, equivalent to 101.5% of the year’s estimate and up 13.5% over the same period in 2018.
Providing training on human capital for Vietnamese youth towards boosting Vietnam-Korea relations is the prime target of the Vietnam-Korea Human Capital Joint Stock Company, which was officially established in Hanoi on December 25.
Tin Khu Vực 
