A meeting held in Hanoi on May 10 discussed financial solutions for businesses amid the current context in which roughly 20 percent of firms in need of funding still have problems gaining access to credit.
(VEN) - Vietnam has over 1,000 investment projects in 70 countries and territories, viewing Outward Foreign Direct Investment (OFDI) as an opportunity for economic growth. In the context of global competition, however, domestic companies also face numerous difficulties and challenges when promoting OFDI.
Experts gathered at a forum in Hanoi on May 8, discussing measures to enhance tax management as e-commerce is enjoying strong growth amid the Fourth Industrial Revolution.
Chairman of Ho Chi Minh City People’s Committee Nguyen Thanh Phong has called on enterprises to invest in 210 projects worth over US$50 billion with the majority of projects in the transport area.
(VEN) - Although green building is a growing, indispensable trend worldwide, Vietnam currently has only 100 certified green buildings. Vietnam Economic News’ Ngoc Thao spoke about this with Nguyen Cong Thinh, Deputy Director of the Ministry of Construction’s Department of Science, Technology and Environment.
The customs sector’s state budget collection exceeded 120 trillion VND (5.18 billion USD) by the end of April, up 25.44 percent from the same period last year.
Prime Minister Nguyen Xuan Phuc attended a ground-breaking ceremony for a dairy farm project developed by large dairy producer TH Group in Nong Cong district, the central province of Thanh Hoa, on May 8.
To reinforce and recognize client banks that have been meticulous in their efforts in international payment services, Citi announced the winner list of the Citi Excellent Straight Through Processing Award 2018. These were awarded to 10 Vietnamese banks who had completed fund transfer transactions with a 90% or above correct ratio.
Deputy Prime Minister Vuong Dinh Hue has asked ministries, agencies and localities to accelerate public investment disbursement in line with the Government’s Resolution No.70/NQ-CP and the PM’s Directive No.09/CT-TTg.
The National Payment Corporation of Vietnam (NAPAS) has announced a fee reduction for its local switching system services with an aim to encourage banks replacing their current magnetic strip ATM cards with chip cards ahead of schedule.
The Prime Minister has released Directive 12/CT-TTg to fight loan sharks who are targeting vulnerable people.
The Truong Hai Auto Corporation (THACO) inaugurated a car manufacturing plant for luxury European brands and debuted the Peugeot Traveller model in the central province of Quang Nam on May 5.
The State Bank of Vietnam (SBV) bought 8.35 billion USD from credit institutions between the beginning of this year and April 17 to build up the nation’s foreign reserve.
The Foreign Investment Agency said in the first four months of the year, Vietnamese firms invested nearly 150 million USD in foreign markets.
Pledges of foreign direct investment (FDI) in Vietnam reached US$14.59 billion in the first four months of 2019, the highest figure in the past four years.
Deputy Prime Minister Vuong Dinh Hue has signed Decision No. 474/QĐ-TTg to promulgate an action plan towards tackling the risks of money laundering and terrorist financing in the 2019-2020 period.
The Ho Chi Minh Real Estate Association (HoREA) has suggested the State Bank of Vietnam (SBV) extend the application of regulations on banks’ maximum ratio of short-term funds used for medium- and long-term loans until the end of 2020.
The Ho Chi Minh Real Estate Association (HoREA) has suggested the State Bank of Vietnam (SBV) extend the application of regulations on banks’ maximum ratio of short-term funds used for medium- and long-term loans until the end of 2020.
(VEN) - In recent years, southeastern provinces and cities such as Dong Nai, Binh Duong and Ho Chi Minh City have become attractive investment destinations for businesses from the Republic of Korea (RoK) in fields such as footwear, fiber, textiles, garments and electronics.
The partnership which facilitates consumer-to-business collections was officiated at Citi Treasury and Trade Solutions’ inaugural ASEAN FinTech Day in Singapore.
Ho Chi Minh City-based Que Lam Group has inaugurated its bio-organic fertiliser plant, built at a cost of VND500 billion (US$21.54 million), in the northern province of Vinh Phuc.
The Ministry of Finance led the way in e-Government development in 2018, according to a report on Vietnam’s e-Government development.
Vietnam has so far invested in 190 projects worth nearly 2.9 billion USD in Cambodia, according to the Saigon Giai phong (Liberated Saigon) newspaper.
Deputy Prime Minister Vuong Dinh Hue has affirmed that the Vietnamese government and north central localities are ready to offer all possible support to Japanese partners to expand their business operations there.
Tin Khu Vực 
