
The Asian Development Bank (ADB) and the Ministry of Finance on Tuesday signed a US$188 million loan for a project which aims to improve roads between the Nội Bài – Lào Cai Expressway and northwestern provinces.

The Asian Development Bank (ADB) and the Ministry of Finance on Tuesday signed a US$188 million loan for a project which aims to improve roads between the Nội Bài – Lào Cai Expressway and northwestern provinces.

Hong Kong (China) topped the list of 66 countries and territories investing in Vietnam in January-February with a total investment of 4.3 billion USD, making up 51 percent of the new FDI inflow into the country.

GoBear, Asia’s first and only metasearch engine for insurance and banking products, and FE Credit, the largest lender in Vietnam’s consumer finance market, have signed a deal to drive greater financial inclusion for Vietnamese people.

Vietnam received $2.58 billion in foreign direct investment (FDI) in January-February, up 9.8 percent from the same period a year earlier.

Vietnam received $2.58 billion in foreign direct investment (FDI) in January-February, up 9.8 percent from the same period a year earlier.

Vietnam received $2.58 billion in foreign direct investment (FDI) in January-February, up 9.8 percent from the same period a year earlier.

The Government has decided to keep loan interest rate unchanged at 5% this year for purchase, rent or hire of social housing projects, according to Decision No. 255/QD-TTg signed by the Prime Minister.

The Government has decided to keep loan interest rate unchanged at 5% this year for purchase, rent or hire of social housing projects, according to Decision No. 255/QD-TTg signed by the Prime Minister.

The Government has decided to keep loan interest rate unchanged at 5% this year for purchase, rent or hire of social housing projects, according to Decision No. 255/QD-TTg signed by the Prime Minister.

(VEN) - Despite high growth in Vietnam’s capital market and money market stability, the Vietnamese financial market still faces imbalances that urgently necessitate a restructuring to achieve fast and sustainable economic growth.

At over VND3 trillion ($129.21 million), foreign buying in the local bourses from February 1-25 is three times the January figure.

At over VND3 trillion ($129.21 million), foreign buying in the local bourses from February 1-25 is three times the January figure.

At over VND3 trillion ($129.21 million), foreign buying in the local bourses from February 1-25 is three times the January figure.

A delegation from Food Valley of China (FVC) led by former Chinese Ambassador to Vietnam Hu Qianwen made a fact-finding tour to the southern province of Binh Phuoc on February 20 to study the possibility of boosting exports via official channels to China.

About 7.42 million shares of four companies invested with State capital will be auctioned at the Hanoi Stock Exchange (HNX) this March.

(VEN) - Registered and invested foreign direct investment (FDI) capital in January 2019 increased sharply compared to the same period last year, auguring well for FDI attraction this year.

Preferential policies should be applied selectively, targeting FDI businesses with effective operation rather than the scale of investment, Deputy Prime Minister Vuong Dinh Hue said at a working session with the Ministry of Finance in Hanoi on February 28.

The Lenovo Group from China has expressed its desire to develop a computer component manufacturing factory in the northern province of Bac Giang during a recent meeting with local authorities.

Prime Minister Nguyen Xuan Phuc has requested that Thailand’s Siam Cement Group (SCG) continue investing in Vietnam and accelerate the implementation of investment projects in the Southeast Asian country.

Several local banks are reportedly determined to list on stock markets in 2019 after delaying last year.

The Mekong Delta province of Tien Giang lured 5.4 trillion VND (233.7 million USD) in two projects in its industrial parks during January-February, or 19.65 times higher than the same time last year, according to deputy head of the provincial management board for industrial zones Nguyen Thanh Liem.

(VEN) - Based on the positive economic growth indicators and good credit quality in 2018, Vietnam’s credit institutions are hopeful of even better results in 2019.

A Vietnam-Germany Trade and Investment Forum has been held as part of the “Vietnam Days in Leipzig”, highlighting the investment potential and opportunities between Sachsen State and Germany in general and Vietnam, as well as other countries in Southeast Asia and Asia Pacific.

Deputy Prime Minister Vuong Dinh Hue said he supports AEON’s expansion into financial services in Vietnam while receiving AEON Financial Service Chairman Masaki Suzuki on February 25.

(VEN) - The disbursement of foreign direct investment (FDI) in 2018 set a record, increasing 9.1 percent compared to the previous year to US$19.1 billion. The FDI attraction strategy for the 2018-2023 period targeting quality rather than quantity has also achieved initial positive results. These developments reflect growing investor confidence in government efforts to improve the business and investment environment. Vietnam Economic News’ Thu Phuong, Tuan Vu and Nguyen Huong recorded the views by representatives of major foreign associations operating in Vietnam.

Kookmin Bank of the Korean KB Group has opened its first branch in Hanoi on the 25th floor of Landmark72 building after receiving approval from the State Bank of Vietnam (SBV).

The Mekong Delta province of Kien Giang plans to spend 17 billion VND (around 734,000 USD) on organizing investment, trade and tourism promotion activities both at home and abroad in 2019.
Interest rates for VND deposits would remain stable or even decline over the next few months, analysts from Saigon Securities Inc. (SSI) forecast.

The Vietnamese laws always protect the legitimate rights of investors and attach importance to all economic sectors, while considering the private one as an important driving force of the development, Prime Minister Nguyen Xuan Phuc said on February 23.