A delegation of the Vietnamese National Assembly’s Finance-Budget Committee led by Chairman Nguyen Duc Hai has paid a visit to Germany to learn from the country’s experience in State budget and tax management.
(VEN) - Domestic commercial banks have expanded their operations in many countries such as Germany, Cambodia, and Laos, and they plan to increase their presence in other markets like the US, Australia, and the EU.
The central province of Quang Tri’s People’s Committee held a ceremony on January 15 to announce and hand over the Prime Minister’s decision that approves the construction of My Thuy port.
Under a new regulation, commercial banks will have to switch 30 percent of their current magnetic strip ATM cards – more than 25 million in total – to chip cards by the end of this year to enhance safety and service quality.
The PM attended an investment promotion conference in Dak Nong on January 14 during his working visit to the locality.
The State Bank of Vietnam (SBV) has issued a new circular requiring commercial banks to regularly update customers on the theft of money from ATMs, ensuring smooth ATM operation and preventing card crimes.
(VEN) - Vietnam Economic News’ Nguyen Huong spoke with Gael Meheust, President and Chief Executive Officer of CFM International - the world’s leading manufacturer of jet engines for single-aisle aircrafts.
Deputy Prime Minister Vuong Dinh Hue cum head of the National Financial and Monetary Policy Advisory Council hailed the council for providing effective consultancy for the Government to reach positive economic results in 2018.
Four major state-owned commercial banks in Vietnam have announced that they will lower their lending rates to priority sectors in a move to support enterprises.
A seminar on the risks and challenges in law abidance for Vietnam’s overseas investments was held in Hanoi on January 10.
The taxation sector collected more than VND1.14 quadrillion (US$49.46 billion) in tax for the State budget in 2018, equal to 107.2 percent of estimates and up 12.3 percent from 2017, as heard a conference of the Vietnam General Department of Taxation (GDT) on January 10.
Construction started on January 8 for Vietnam’s largest high-tech tra fish farming project in Binh Phu commune, Chau Phu district, in the Mekong Delta province of An Giang.
Prime Minister Nguyen Xuan Phuc asked the banking sector to continue unfreezing and promoting resources in order to facilitate the country’s growth, during a conference to deploy tasks for the sector in 2019 on January 9.
Lavifood Joint Stock Company officially put into operation its Tanifood vegetable and fruit processing plant in the southwestern province of Tay Ninh on January 6, hoping to make international-standard products for export to the US, the European Union, the Republic of Korea, Japan and Australia.
Commercial banks have to adjust the limit of cash withdrawals in foreign currency abroad to the maximum equivalent of 30 million VND (some 1,300 USD) per day for international credit and debit cards from early this year to meet a central bank regulation.
Economic and industrial zones in the central province of Quang Tri boast huge potential for attracting domestic and foreign investors. The attraction of investment in these fields is one of the locality’s top priorities.
The total outstanding loans of the banking system are estimated to rise 14% in 2018 with the focus on production and business sectors, contributing to supporting economic growth, the State Bank of Vietnam (SBV) said on January 7.
The Ministry of Finance has issued new securities-related service regulations for trading organisations and commercial banks doing business in Vietnam’s stock market.
(VEN) - Hanoi has for the first time scaled to top of the list of Vietnamese localities in attracting foreign direct investment (FDI), according to a recently issued report by the Hanoi People’s Committee.
Leaders of the northern province of Hai Duong on January 2 granted investment licenses to firms from Hong Kong (China) and Seychelles to operate in local industrial parks.
A recent government resolution on changing the business environment to improve competitiveness and labor productivity contains a push to accelerate use of cashless transactions.
The Mekong Delta province of Long An last year issued licenses to 90 new foreign direct investment (FDI) projects with a combined capital of 450 million USD, thus maintaining its leading position in FDI attraction in the region, according to local authorities.
The Vietnam Rubber Group (VRG) held a ceremony to inaugurate its rubber latex processing plant in Thuan Chau district in the northern mountainous province of Son La on December 26.
Minister of Finance Dinh Tien Dung attended a gong-striking ceremony on January 2 to open the first trading day of Vietnam’s stock market in 2019, voicing hopes of a better outlook in the New Year.
Tin Khu Vực 
