Economy
-
Banks cut short-term deposit interest rates
After two weeks of lowering lending interest rates for short-term VND loans following the State Bank of Vietnam (SBV)’s cue, several commercial banks have reduced their deposit interest rates.
-
Samsung ups localisation rate to 57 percent
Samsung Vietnam has achieved a significant breakthrough in increasing the localisation rate of its products from 35 percent in 2014 to 57 percent at present.
-
Lam Dong to set up 11 sustainable agriculture production chains
The People’s Committee of the Central Highlands province of Lam Dong has approved a plan to implement sustainable agriculture production chains.
-
Vietnam’s exports to the US estimated at 40 billion USD this year
The Ministry of Industry and Trade (MoIT) has forecast that Vietnam’s exports to the US will hit 40 billion USD this year, according to the Industry and Trade newspaper.
-
MoIT advises businesses to learn more about UAE export regulations
The Ministry of Industry and Trade (MoIT) has advised Vietnamese enterprises to carefully study export regulations of the United Arab Emirates (UAE) when conducting business with UAE firms to avoid su
-
Private SMEs tackled by inaccessibility to bank loans
Inaccessibility to bank loans is one of the main factors that has prevented private small and medium-sized enterprises (SMEs) from further development, experts said.
-
VCCI: Half of private firms take loans for operation
Local private enterprises have improved their productions and operations, but half of them still must take operational and production loans, according to the Vietnam Chamber of Commerce and Industry (
-
Ministry proposes tax cuts to boost cement export
The Ministry of Planning and Investment has proposed export tax cuts on cement while local producers are struggling with high stockpiles as supply has exceeded demand in the domestic market.
-
BIDV reports 24 percent growth in H1 operating income
The Bank for Investment and Development of Vietnam (BIDV) reported a year-on-year growth of 24 percent in operating income in the first half of 2017.
-
Ministry gives more information about public investment disbursement
The Ministry of Finance on July 26 provided more information about the State Bank of Vietnam (SBV)’s disbursement ratio of planned investment capital sourced from the State budget in 2017.
-
Vietnam sees feasible 3 billion USD export of fruits, vegetables
Vietnam’s vegetables and fruits by mid-July continued to enjoy a rosy export growth, boding well for the export revenue of 3 billion USD for the whole year as forecast.
-
Project on credit institution restructuring gets PM’s approval
The Prime Minister has issued Decision 1058/QD-TTg approving a project on restructuring the system of credit institutions in combination with settling bad debt for the 2016-2020 period.
