Economy

Small banks holding breath for upcoming AGMs

Friday, 09 March 2018 10:32

Small banks holding breath for upcoming AGMs With the season of banks’ annual general meetings (AGMs) approaching, small-scale banks are distressed over countless issues, such as failing to reach 2017 targets, the alarmingly high rate of non-performing loans, the constant alteration of banks’ key positions, and bottomed-out stock prices.
 

Vietnamese USD billionaires buy aircraft, take over American companies

Friday, 09 March 2018 10:29

Vietnamese USD billionaires buy aircraft, take over American companies Vietnam’s dollar billionaires have become well known worldwide. Vietnamese businesspeople are getting rich quickly and have jumped into higher positions on the lists of the wealthiest people in the world.   
 
 

Significant progress made in sustainable lending reforms

Thursday, 08 March 2018 09:46

Significant progress made in sustainable lending reforms Emerging markets have become a major force driving development and fighting climate change, as 34 countries, including Vietnam, have initiated banking reforms to expand sustainable lending, according to the first comprehensive Global Progress Report from the Sustainable Banking Network (SBN), an IFC-supported organization of banking regulators and associations.
 
 

Flexible response needed to proposed US aluminum and steel tariffs

Thursday, 08 March 2018 09:44

Flexible response needed to proposed US aluminum and steel tariffs Albeit not being listed among the top 10 largest exporters to the US, the Vietnamese steel industry may still suffer once the US applies new safeguard tariffs.
 
 

Industrial zone developers: High time for action

Thursday, 08 March 2018 09:40

Industrial zone developers: High time for action As the flow of foreign capital is growing rapidly while domestic enterprises are continuously expanding their production scales, the potential of industrial real estate in Vietnam is becoming tremendous. However, in order to attract more firms to come and set up production facilities, industrial real estate developers and local authorities cannot sit still and wait.
 
 

Wood industry sets $10 billion export value target

Wednesday, 07 March 2018 10:45

Wood industry sets $10 billion export value target Besides the certain achievements of wood industry last years, and new opportunities coming from Law on Forestry and free trade agreements, there are various difficulties and challenges this industry has to overcome to reach the target set forth.  
 
 

Commercial banks quietly raising interests rates after Tet Holiday

Wednesday, 07 March 2018 10:41

Commercial banks quietly raising interests rates after Tet Holiday A few days after the Tet Holiday, numerous commercial banks silently raised interest rates due to liquidity-related issues, the whopping demand for capital, and the great competition among Vietnam-based commercial banks.
 
 

Changing retail landscape and the rise of shopping malls

Wednesday, 07 March 2018 10:40

Changing retail landscape and the rise of shopping malls The retail landscape in Vietnam is changing, with the fall of department stores while shopping malls are flourishing.
 
 

Derivatives trading liquidity hits records in February

Tuesday, 06 March 2018 13:18

Derivatives trading liquidity hits records in February Market trading liquidity of the derivatives market reached a record high in February since it started operating in August 2017, according to the Ha Noi Stock Exchange (HNX).
 
 

Steel association to petition against US’s import restriction if necessary

Tuesday, 06 March 2018 13:17

Steel association to petition against US’s import restriction if necessary The Vietnam Steel Association (VSA) has said it and Vietnamese steel firms may submit the case related to the US’s plan to restrict the import of steel and aluminum products to the WTO, if necessary.
 
 

Breakthrough reforms needed to keep CPTPP benefits

Tuesday, 06 March 2018 13:16

Breakthrough reforms needed to keep CPTPP benefits The Ministry of Planning and Investment (MPI) warned that benefits from the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) could be reduced if Vietnam does not implement breakthrough reforms.
 
 

Banks report huge profits, bank shares’ golden days return

Tuesday, 06 March 2018 13:16

Banks report huge profits, bank shares’ golden days return Investors, impressed by banks’ high profits, have been rushing to buy bank shares, pushing prices up.  
 
 

Prime Minister clarifies Government’s viewpoint on macro-economic stability

Friday, 02 March 2018 14:44

Prime Minister clarifies Government’s viewpoint on macro-economic stability Prime Minister Nguyen Xuan Phuc highlighted keeping macro-economic stability, creating a favourable environment for production and business, and promoting rapid and sustainable development as the tasks of the Government to steer the national economy in the future in a recent article.
 
 

Financial sector grabs foreign investors’ interest

Friday, 02 March 2018 14:43

Financial sector grabs foreign investors’ interest Foreign investors have poured nearly $1.5 trillion in Vietnam’s finance, banking and insurance sectors as of the end of January, according to statistics from the Foreign Investment Agency under the Ministry of Planning and Investment.
 
 

Vietnamese producers try to win locals’ hearts

Friday, 02 March 2018 14:42

Vietnamese producers try to win locals’ hearts The national ‘Buy Vietnamese’ campaign and the great efforts made by enterprises have not produced the expected results.  
 
 

New decree replaces regulations on logistics business

Friday, 02 March 2018 14:41

New decree replaces regulations on logistics business From February 20, 2018, logistics businesses have to meet the business conditions outlined in Decree No.163/2017/ND-CP on logistics services, replacing Decree No.140/2007/ND-CP.
 
 

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