
(VEN) - The Banking University HCMC’s high-quality bachelor program (HQBP) is marking its fifth anniversary this year, celebrating its impressive achievements and looking forward to building on them.

The Ho Chi Minh City People’s Committee has called for investment in building an Intelligent Operations Centre (IOC) and a Socio-Economic Simulation and Forecast Center.

Deputy Auditor General of the State Audit Office of Vietnam (SAV) Nguyen Tuan Anh has voiced his hope that Vietnam and Kazakhstan will increase the sharing of experiences in auditing in the coming time.

Deputy General Director of the Vietnam Bank for Agriculture and Rural Development (Agribank) Pham Toan Vuong has had a working session with representatives from Yanmar, a Japanese agricultural machinery manufacturer.

Many investors and enterprises of the Republic of Korea are very interested in doing business in Vietnam in general and in Hanoi in particular, hoping to capitalize on the advantages of the country and the city, said Chairman of the Federation of Korean Industries (FKI) Huh Chang-soo on September 12.

The State Audit Office of Vietnam (SAV) held a ceremony to launch a Press Centre dedicated to the 14th Assembly of the Asian Organization of Supreme Audit Institutions (ASOSAI) at the National Convention Centre, in Hanoi, on September 17.

(VEN) - Vietnam Economic News’ reporter Minh Long spoke with Andy Ho, Managing Director and Chief Investment Officer of VinaCapital, about its recent cancellation of its US$32.5million investment in the Ba Huan Company Limited.

Prime Minister Nguyen Xuan Phuc asked Danish beer maker Carlsberg to expand its investment in Vietnam during a reception in Hanoi on September 12 for Carlsberg CEO Cees‘t Hart.

Vietnam is an active member and has an important voice at the Asian Infrastructure Investment Bank (AIIB), said AIIB Vice President Joachim von Amsberg at a meeting with Deputy Prime Minister Trinh Dinh Dung in Hanoi on September 11.

In the near future Vietnam will continue facilitating the equitisation of large State-owned enterprises (SOEs), which offers a great opportunity for Japanese companies to make long-term investment in areas with great potential for development in the country.

Vietnam’s dairy group TH True Milk recently began construction on a milk processing plant at Kaluga Special Economic Zone in Borovsk district, Kaluga province of Russia.

(VEN) - The State Bank of Vietnam (SBV) has approved a plan to develop green banking in the country through credit backing of eco-friendly projects to raise awareness of local banks to the social responsibility in fighting climate change.

Deputy Prime Minister Vuong Dinh Hue received the Chairman and CEO of the Republic of Korea’s Kookmin (KB) Financial Group, Yoon Jong-kyoo, in Hanoi on September 7.

Consumer finance companies are offering various promotions to customers, aiming to enlarge their share in an increasingly competitive market.

(VEN) - The Ministry of Planning and Investment is studying the feedback and suggestions from the various ministries, sectors and cabinet members on the revised Law on Public Investment. The ministry expects that the revised law will improve the efficiency of state-funded investment.

The Vietnamese Government is supportive of Lotte group’s expansion into business fields of strength, including consumer finance, Deputy Prime Minister Vuong Dinh Hue assured Chairman and CEO of the Republic of Korea (RoK)’s Lotte Card Kim Chang-kwon during a recent reception in Hanoi.

The State Audit of Vietnam (SAV) has applied a system of standards in accordance with the International Standards of Supreme Audit Institutions (ISSAI) as part of its constant efforts to enhance its professionalism and operation efficiency.

A company has proposed to the authorities of the Mekong Delta province of Hau Giang a plan to develop tourism at the local famous Nga Bay floating market, Nga Bay town, at a cost of more than 700 billion VND (nearly US$30 million).

How to ensure financial sustainability and long-term financial services for the poor at the same time remains a headache for both policy makers and financial service suppliers.

The Ho Chi Minh City-based TMA Solutions Company began the construction of the TMA creative park in Quy Nhon city, in the central province of Binh Dinh, on August 28, the first of its kind in Vietnam.

Authorities of the northern province of Vinh Phuc have granted an investment licence to investors of Kowa Global project in Binh Xuyen district’s Binh Xuyen Industrial Park (IP).

(VEN) - Lack of mortgage assets and financial transparency make it hard for small and medium-sized enterprises (SMEs) to get loans and develop.

Credit growth in the first eight months of this year rose by 8.18 percent over the end of last year, the lowest level since 2015, a report from the Ministry of Planning and Investment showed.

(VEN) - The southeastern coastal province of Ba Ria - Vung Tau has attracted US$2.15 billion of foreign direct investment (FDI) since the beginning of this year, up 30.6 per cent over the same period last year.

(VEN) - “I got the job that I wanted after studying at the Banking University HCMC’s high-quality bachelor program,” said Tran Thi Thanh Tam, a University alumna. Vietnam Economic News’ reporter Xuan Bac spoke with her, a student of the very first course offered by the university.

More than half of five-star hotels in HCMC and Hanoi are owned by foreign investors.

More than VND138 trillion (approximately US$5.9 billion) of bad debt has been resolved by Vietnamese banks as of June 30, according to an official with the State Bank of Vietnam (SBV).

Huntsman Corporation, a US manufacturer and chemical company, opened a multi-purpose facility at the Amata Vietnam Industrial Park in the southern province of Binh Duong on August 23.

A newly-issued circular on foreign exchange management is expected to promote border trade between Vietnam and China.

Thailand’s largest retailer Central Group says it plans to invest $500 million to expand its operations in Vietnam.