English
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Vietnam - Lao Trade agreements offer special tariff preferences
Numerous goods made in Vietnam and Laos will be subject to zero percent or a 50 percent tax reduction under trade agreements between Vietnam and Laos.
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State Bank of Vietnam Non-performing loans still below Government's 3 percent target
Non-performing loans (NPLs) as of the end of May, 2016 accounted for 2.78 percent of the entire banking system’s total outstanding loans, according to the State Bank of Vietnam (SBV).
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A world class construction group wishes to develop highways in Vietnam
VINCI, a French-based leading global group in infrastructure construction and concessions, met Deputy Prime Minister Trinh Dinh Dung in Hanoi on August 3.
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ASEAN - EAEU free trade area will be formed in 2019
On August 5, Russian Minister of Economic Development Alexei Ulyukayev said that a free trade area (FTA) between the members of the Eurasian Economic Union (EAEU) and the Association of the Southeast
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About 6 billion USD poured in Saigon Peninsula project
On August 3, 2016, Van Thinh Phat Investment Group (VTP Group) and Malaysian investors Pavilion Group and Genting Group signed an investment cooperation agreement in developing the Saigon Peninsula pr
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East Asian countries reaffirmed efforts to enhance regional economic integration
Economic Ministers from all ASEAN Member States, Australia, China, India, Japan, Republic of Korea, New Zealand, the Russian Federation and the United States met on 5 August 2016, in Vientiane, Lao PD
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Vietnam’s export revenue surge 6.6 percent
According to the General Statistics Office (GSO), the export revenue of Vietnam in the first five months of this year reached more than 67.7 billion USD, surging 6.6 percent against the same period la
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Ministries takes more action on business climate reform this year
Ministry of Finance (MoF) and Ministry of Industry and Trade (MoIT) have announced the number of administrative procedures they expect to remove or simplify this year as part of their efforts in reali
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Prime Minister ordered ministries to stable prices to avoid high inflation
Prime Minister Nguyen Xuan Phuc ordered ministries to stable prices of basic goods to avoud high inflation.
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Vietnam’s joint stock commercial banks have cut deposit rates for the first time this year
Thanks to good liquidity amid a lending slowdown, Vietnam’s joint stock commercial banks have cut deposit rates for the first time after numerous hikes in interest rates this year.
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The Prime Minister approves the update plan for Hoa Lac High-tech Park
Prime Minister Nguyen Xuan Phuc has approved updated plans for Hoa Lac High-tech Park, to be completed by 2030 in Hanoi’s outlying districts of Thach That and Quoc Oai.
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Opportunities and challenges lie ahead under EU-Vietnam FTA
Vietnam and the EU have agreed to push the ratification process to make EU-Vietnam Free Trade Agreement (EVFTA) effective in 2018. The agreement brings not only opportunities but also challenges.
