Giải báo chí 70 năm ngành Công Thương

The central city of Da Nang is calling for investment to 14 public parking lots in a bid to serve the surging demand resulted in by a sharp increase of motorized vehicles.

Citi is targeting 25% growth in revenues from client work in intra-Asia trade corridors in 2019. This comes after the bank reported strong growth in these corridors in 2018.
 

The northern province of Bac Ninh on January 24 granted investment licenses to 6 new foreign direct investment (FDI) projects.

The Government leader said that the Vietnamese stock market is growing increasingly, positively contributing to national socio-economic development as well as the financial market in particular.

Lao Prime Minister Thongloun Sisoulith has pledged to create favorable conditions for Vietnamese firms to continue investing in agricultural development in Laos. 

Prime Minister Nguyen Xuan Phuc has applauded the significant contributions of the Vietnam Bank for Social Policies (VBSP) to the country’s poverty reduction and socio-economic development, while attending a Lunar New Year meeting of the bank on February 11 or the seventh day of the first lunar month.

A majority of credit institutions in the country expect an upward trend in their business in 2019 after gaining good results last year, according to a State Bank of Vietnam (SBV) survey released recently.

More and more Italian firms are intending to move their investment to Vietnam, aiming to turn the country into a gateway for them to enter other Southeast Asian nations, said an expert from the Italian Chamber of Commerce in Vietnam (Icham). 

The central province of Thua Thien – Hue has approved Kim Long Nam JSC’s investment in an auto manufacturing – assembly complex at the local Chan May – Lang Co economic zone.

(VEN) - Vietnam’s banking sector provided the market with stable money supply in 2018 and strictly controlled credit growth to ensure macroeconomic stability. While credit growth was lower than the target set for 2018, it was more effective and of better quality.

The Dong Nam Textile JSC, a subsidiary of the Vietnam National Textile and Garment Group (Vinatex), began construction of the first yarn factory in the southwestern region in Bac Lieu province on January 23.

The State Bank of Vietnam (SBV) has so far this year bought more than 1 billion USD from commercial banks to build up the nation’s foreign currency reserves.

(VEN) - The international community, as well as domestic and foreign companies, are pleased with the ongoing improvement of the business environment in Vietnam in recent years, especially the reduction of investment and business conditions and specialized inspection procedures.

(VEN) - Vietnam’s capital market played a growing role in oiling the wheels of the economy in 2018, decreasing reliance on the banking sector and promising a greatly augmented capital supply for the economy in 2019.

(VEN) - Vietnam seeks to attract foreign direct investment (FDI) in high, new and environmentally friendly technologies, including transnational corporations that can create a positive impact on the domestic business community.

Deputy Prime Minister Trinh Dinh Dung has affirmed that the Vietnamese Government will continue drastically implementing measures to improve the investment environment and create more favourable conditions for foreign investors, including those from Japan, to do successful business in the country.

(VEN) - Vietnam Economic News’ Lan Huong spoke with Harmander Mahal, Head of Retail Banking, Standard Chartered Bank Vietnam.

The northern province of Quang Ninh always creates favourable conditions for enterprises from the Republic of Korea (RoK) to land investments in the locality.

Both finance companies and banks are promoting consumer lending to capitalise on high demands ahead of the country’s largest holiday Lunar New Year (Tet).

The Vietnamese Government has always encouraged and given support to foreign enterprises, including Microsoft, to expand their investment in the Southeast Asian country, Deputy Prime Minister Vu Duc Dam has said.

An entrenched cash using habit and safety concerns are the main reasons for people not to switch to non-cash payments, a workshop heard in Ho Chi Minh City on January 15.

(VEN) - The Chief Representative of the Japan External Trade Organization (JETRO) in Ho Chi Minh City, Takimoto Koji, talked about the investment results and trends of Japanese firms in Vietnam in an interview with Vietnam Economic News’ Ngoc Thao.

(VEN) - The Ministry of Finance has introduced nine key measures designed to facilitate and accelerate the equitization of state-owned enterprises (SOEs) from now to 2020, given that plans to equitize as many as 85 firms in 2018 have failed to materialize.

A workshop was held in Hanoi on January 16 to discuss international experiences in capital management and mobilization, and infrastructure development, as well as to seek policy recommendations for Vietnam in such fields.