State bank urges credit growth, consumer lending

State bank urges credit growth, consumer lending

The State Bank of Vietnam (SBV) has issued a document requesting banks and credit institutions apply measures to boost consumption and spending.
Asian shares are at their lowest in three weeks

Asian shares are at their lowest in three weeks

(VEN) - Asian stock markets fell sharply after a tech sell-off on Wall Street, which raised concerns about the sustainability of artificial intelligence (AI) stocks.
Eximbank denies system risk rumours, confirms stable operations

Eximbank denies system risk rumours, confirms stable operations

Eximbank has refuted rumours circulating on social media about an 'urgent petition and reflection' allegedly citing severe risks that could lead to operational insecurity and a potential system collapse at the bank.
Stock market sees notable recovery amid ongoing uncertainties

Stock market sees notable recovery amid ongoing uncertainties

The Vietnamese stock market marked a significant turning point after a prior correction phase, with a remarkable recovery in the past trading week.
Non-bank corporate bonds forecast to recover in year-end months

Non-bank corporate bonds forecast to recover in year-end months

Prospects for credit growth and exchange rates will create favourable conditions for non-bank corporate bonds to recover in the final months of this year, analysts forecast.
Banks urged to further reduce capital costs, lending interest rates

Banks urged to further reduce capital costs, lending interest rates

(VEN) - According the State Bank of Vietnam’s (SBV) leadership, with the current growth rate and overall economic trends, Vietnam’s 15-percent credit growth target for 2024 is within reach. However, the SBV emphasized that the key is to focus credit growth on boosting the economy, particularly prioritizing support for trading and production activities.
Mandatory transfers announced for CB, OceanBank

Mandatory transfers announced for CB, OceanBank

In a move to restructure the credit institution system and tackle bad debts, the State Bank of Vietnam (SBV) has announced the mandatory transfer of two major banks.
HCM City to effectively utilise remittance for development

HCM City to effectively utilise remittance for development

HCM City is focusing more on attracting remittance from overseas Vietnamese into the city’s socio-economic development through many policies, including issuing bonds for infrastructure projects.
PM urges WB to provide concessional loans for key infrastructure projects

PM urges WB to provide concessional loans for key infrastructure projects

Vietnamese Prime Minister Pham Minh Chinh has called for the World Bank (WB)'s continued support and concessional loans targeting key infrastructure projects, including high-speed and urban rail systems, major seaports and airports.
DIC Corp completes buyback of $18.6 million in bonds

DIC Corp completes buyback of $18.6 million in bonds

Development Investment Construction (DIC Corp) said that it has fully redeemed the bonds it issued in September 2021.
Update on exclusive partnership between Manulife Vietnam and Techcombank

Update on exclusive partnership between Manulife Vietnam and Techcombank

Manulife Vietnam and Techcombank on Monday announced updated information on their exclusive insurance distribution partnership in Việt Nam.
VPBank, LOTTE C&F cooperate to provide financial service with “Buy now pay later” product

VPBank, LOTTE C&F cooperate to provide financial service with “Buy now pay later” product

Vietnam Prosperity Joint Stock Commercial Bank (VPBank) and LOTTE C&F Vietnam Co., Ltd held a ceremony on September 27 for the signing of a MOU on optimising theirs resources, promoting sustainable growth, and bringing flexible, economical and effective consuming finance solutions to LOTTE customers.
Budget revenue from import-export activities up 13.5%

Budget revenue from import-export activities up 13.5%

State budget revenue from import-export activities in the first nine months of 2024 reached more than 306 trillion VND (12.4 billion USD), accounting for 81.7% of the set target and increasing 13.5% from the same period last year, the General Department of Vietnam Customs (GDVC) has reported.
SSI: Masan to benefit from Vietnamese stock market upgrade

SSI: Masan to benefit from Vietnamese stock market upgrade

Masan Group Corporation (HOSE: MSN) is expected to attract significant foreign capital as Việt Nam’s stock market is projected to receive up to US$1.7 billion from exchange-traded funds (ETFs) following its upgrade to emerging market status.
State Bank of Vietnam takes measures to stablise gold market

State Bank of Vietnam takes measures to stablise gold market

The State Bank of Vietnam (SBV) is working closely with ministries and local authorities to implement comprehensive strategies to address significant price disparities and stabilise the gold market.
Tax sector fulfills nearly 85 percent of State budget collection estimate

Tax sector fulfills nearly 85 percent of State budget collection estimate

State budget collection has so far reached 85 percent of this year's estimate, Deputy Minister of Finance Nguyễn Đức Chi has reported.
Vietnam elected as member of ASOSAI Audit Committee

Vietnam elected as member of ASOSAI Audit Committee

The State Audit Office of Vietnam (SAV) was elected as one of the two members of the Asian Organisation of Supreme Audit Institutions (ASOSAI) Audit Committee for the 2024-2027 term at the second plenary session of the 16th ASOSAI Assembly in New Delhi, India, on September 27.
Seminar seeks to enhancing Vietnam - Korea financial synergies

Seminar seeks to enhancing Vietnam - Korea financial synergies

A seminar entitled ‘Towards a sustainable future: Enhancing Vietnam – Republic of Korea (RoK) financial synergies’ was held in Hanoi on September 25, gathering representatives of state management agencies, credit institutions, businesses, and experts and scientists from Vietnam and the RoK.
Japan helps Vietnam improve stock market’s transparency

Japan helps Vietnam improve stock market’s transparency

Hanoi – Japan will continue its support for the State Securities Commission (SSC), stock exchanges and relevant parties in Vietnam to improve the equity market’s fairness and transparency under a technical assistance project from the Japan International Cooperation Agency (JICA), heard a workshop in Hanoi on September 23.
Banks discuss measures to support typhoon-affected customers

Banks discuss measures to support typhoon-affected customers

Deputy Governor of the State Bank of Vietnam (SBV) Dao Minh Tu has urged credit institutions to evaluate the impacts of typhoon Yagi and classify affected customers eligible for support programmes.
VAMC to auction bad debts starting at nearly $10 mln

VAMC to auction bad debts starting at nearly $10 mln

Vietnam Asset Management Company (VAMC) has disclosed its plan to auction off bad debts from two clients, namely Phúc An Khang International Hospital Corporation and Bình Dương Construction Stone Co., Ltd.
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MoU signed to foster Vietnam-Canada cooperation in science, technology

MoU signed to foster Vietnam-Canada cooperation in science, technology

In preparation for cooperation in training human resources in science and technology, a delegation of the Vietnam Higher Education Network of Entrepreneurship & Innovation (VNEI) has recently signed a Memorandum of Understanding (MoU) with the Colleges and Institutes Canada (CICAN) on the occasion of their participation in the Canadian Bureau for International Education Conference.
First Vietnamese scientist named at UK’s TechWomen 100 Awards

First Vietnamese scientist named at UK’s TechWomen 100 Awards

With outstanding achievements in biotechnology, Dr Nguyen Thuy Ba Linh from University College London (UCL) has become the first Vietnamese scientist to win the UK's TechWomen 100 Awards.
Vietnamese, Bulgarian Presidents hold talks in Hanoi

Vietnamese, Bulgarian Presidents hold talks in Hanoi

Hanoi – Vietnamese State President Luong Cuong and visiting Bulgarian President Rumen Radev held talks in Hanoi on November 25, at which they agreed on major orientations and specific measures to further foster cooperation and elevate relations between the two countries in the coming time.
Ninh Bình looks to capture Japanese tourism market

Ninh Bình looks to capture Japanese tourism market

The northern province of Ninh Bình showcased its stunning natural landscapes and people to the Japanese market through a recent tourism promotion conference called “the splendour of the ancient capital” in Tokyo.
Cần Thơ City to host HCM City, Mekong Delta tourism, trade event

Cần Thơ City to host HCM City, Mekong Delta tourism, trade event

The inaugural HCM City and Cửu Long (Mekong) Delta Tourism – Trade Week will take place in Cần Thơ City from November 29 to December 2.
banning motorbikes a complex issue

Banning motorbikes - a complex issue

Hà Nội is facing a serious problem because of polluted air and traffic congestion. Authorities plan to limit motorbikes in inner districts after 2025 and them gradually ban reduce the number of bikes on the roads from 2030. Are motorbikes the problem? Will this help ease congestion? Watch our video and tell us your comments.
strengthening vietnam cambodia friendship and cooperation

Strengthening Vietnam-Cambodia friendship and cooperation

Chairman of the National Assembly Tran Thanh Man leads a high-ranking delegation to make an official visit to Cambodia, and attend some international events hosted by the neighboring country on November 21 to 24.
vietnam malaysia strategic partnership

Vietnam - Malaysia Strategic Partnership

Since the establishment of diplomatic relations, the relationship between Vietnam and Malaysia has been continuously strengthened and developed positively across all areas, especially since it was upgraded to a Strategic Partnership in August 2015.
vietnam dominican republic strengthening cooperation

Vietnam, Dominican Republic strengthening cooperation

At the invitation of Dominican President Luis Rodolfo Abinader Corona and his spouse, Prime Minister Pham Minh Chinh and his spouse, accompanied by a high-level Vietnamese delegation, pay an official visit to the Dominican Republic from November 19 to 21, 2024. This visit holds significant importance as it marks the first official trip by a Vietnamese leader to the Dominican Republic, taking place ahead of the 20th anniversary of diplomatic ties between the two nations (July 7, 2005 – July 7, 2025).
vietnam brazil strategic partnership

Vietnam - Brazil strategic partnership

During his trip to Brazil from November 16-19 for the G20 Summit and bilateral engagements, Prime Minister Pham Minh Chinh held talks with Brazilian President Luiz Inácio Lula da Silva. The two leaders agreed to elevate the Vietnam-Brazil bilateral relations to a Strategic Partnership and issue a joint statement on the upgrade of the ties.
Party Central Committee concludes 13th Conference with major resolutions for reform and national development

Party Central Committee concludes 13th Conference with major resolutions for reform and national development

Speaking at the meeting, General Secretary Tô Lâm summarised the key outcomes of the conference and highlighted the work required going ahead. He noted that the Central Committee had achieved a high level of consensus on its determination to review and streamline the organisational structure of the political system.
New decree on using telecommunications accounts for payment proposed

New decree on using telecommunications accounts for payment proposed

Currently, the use of a telecommunications account to pay for small-value goods and services in the country, called Mobile-Money service, is being implemented in a pilot programme.
Parliament approves amendments to pharmacy law

Parliament approves amendments to pharmacy law

On drug price management, the NA Standing Committee reviewed and concurred with the Government’s proposal to implement measures for publishing projected wholesale prices for prescription drugs.
VAT tax reduction should continue until mid-2025: Ministry

VAT tax reduction should continue until mid-2025: Ministry

Hanoi - The Ministry of Finance (MoF) has proposed Vietnam's value-added-tax (VAT) reduction should continue until at least June 2025, saying the tax cut has provided both the business community and the economy with much-needed support.
Huge potential for VN, UK to boost cooperation in clean energy

Huge potential for VN, UK to boost cooperation in clean energy

There is a huge potential for Việt Nam and the UK to enhance cooperation in clean energy, as both countries have set ambitious goals for carbon neutrality moving towards a sustainable future, experts have said.
Vietnam’s automotive supporting industry: A bright future ahead, riding the wave of growth

Vietnam’s automotive supporting industry: A bright future ahead, riding the wave of growth

(VEN) - In recent years, the demand for transportation vehicles in Vietnam has surged rapidly, making the market highly promising, as assessed by experts.
VN

VN's food processing industry struggles to improve quality and value chain integration

Despite accounting for 19.1 per cent of Việt Nam’s processing sector, the food processing industry has been struggling with major issues such as poor-quality raw materials and subpar value chain integration, said industry insiders and economists.
Tra fish sector aiming for production, processing greening for sustainable development

Tra fish sector aiming for production, processing greening for sustainable development

HCM City - Greening production and processing to meet export requirements is both a trend and a necessity for many industries, including the tra fish sector.
Japanese retailer Aeon to break ground on 4th shopping mall in Northern Vietnam

Japanese retailer Aeon to break ground on 4th shopping mall in Northern Vietnam

Japan’s Aeon Mall Vietnam will start construction of a VND5.14 trillion ($202.2 million) shopping center project in the northern province of Quang Ninh, home to UNESCO natural heritage site Ha Long Bay, on December 2, according to provincial authorities.
Thai packaging giant takes 30-year lease for largest ready-built factory in Tay Ninh

Thai packaging giant takes 30-year lease for largest ready-built factory in Tay Ninh

Thantawan Industry Public Company Limited, a leading plastic bag and straw manufacturer with more than 40 years of experience in Thailand, officially took out a landmark 30-year lease for a ready-built factory at Phuoc Dong Industrial Park, the southern province of Tay Ninh.
Workshop seeks ways to attract Japan’s green investment to Vietnam

Workshop seeks ways to attract Japan’s green investment to Vietnam

A workshop was held in Tokyo on November 18 to introduce to Japanese businesses investment trends in Vietnam and its pioneering industrial parks with carbon neutral initiatives.
Government approves investment policy to build Cam Lien Industrial Park in Quang Binh

Government approves investment policy to build Cam Lien Industrial Park in Quang Binh

On November 16, the leader of the Quang Binh Provincial Economic Zone Management Board said that the Government had just approved the investment policy for Cam Lien Industrial Park.
Promoting credit for key agricultural sectors in Mekong Delta

Promoting credit for key agricultural sectors in Mekong Delta

The Mekong Delta contributes 95% of Vietnam’s rice exports and accounts for 60% of the country’s total seafood export value. Recently, fruit exports have shown strong growth, with various fruits entering new markets. However, numerous credit-related obstacles are creating challenges regarding agricultural production loans in the region.
HDBank wins three awards at Vietnam Listed Company Awards 2024

HDBank wins three awards at Vietnam Listed Company Awards 2024

The Ho Chi Minh City Development Joint Stock Commercial Bank (HDBank - HoSE: HDB) has received three prestigious awards at the Vietnam Listed Company Awards 2024, highlighting its leadership in the banking sector, as well as its dedication to transparency and governance.
VIB, Flywire partner to streamline cross-border payments for students from Vietnam

VIB, Flywire partner to streamline cross-border payments for students from Vietnam

Vietnam International Bank (VIB) has announced a partnership with Flywire, a global payments enablement and software company based in Boston, to enable Vietnamese payers to digitally pay international education-related fees in their local currency to higher education institutions all over the world.
Vietcombank issues 2 trillion VND worth of green bonds for first time

Vietcombank issues 2 trillion VND worth of green bonds for first time

The Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank) has successfully issued 2 trillion VND worth of green bonds, the first of its kind, to support eco-friendly projects.
Businesses support Vietnam’s net zero target

Businesses support Vietnam’s net zero target

(VEN) - Vietnam has set a goal of achieving net-zero carbon emissions by 2050 to combat global climate change. To support the Government in achieving this target, many businesses have introduced various greenhouse gas reduction solutions.
Prolonged rainfall and landslides disrupt life in central region

Prolonged rainfall and landslides disrupt life in central region

Provincial authorities are monitoring weather developments closely and evacuating residents from flood-prone and high-risk areas.
Tough negotiations to prevent Earth’s warming

Tough negotiations to prevent Earth’s warming

The 29th Conference of the Parties to the UN Framework Convention on Climate Change (COP29) in Baku, Azerbaijan, has failed to find common ground on the major issue of climate finance in the final hours of negotiations. Irreconcilable differences between countries are hampering global efforts to prevent Earth’s warming.
MoT view on raising emission standards for scooters from 2027

MoT view on raising emission standards for scooters from 2027

(VEN) - The Prime Minister Notice No.518/TB – VPCP released recently by the Government Office has demonstrated the political determination and responsibility of enterprises in implementing the Party’s policies and the State’s laws and policies on environmental protection.
MoU signed to foster Vietnam-Canada cooperation in science, technology

MoU signed to foster Vietnam-Canada cooperation in science, technology

In preparation for cooperation in training human resources in science and technology, a delegation of the Vietnam Higher Education Network of Entrepreneurship & Innovation (VNEI) has recently signed a Memorandum of Understanding (MoU) with the Colleges and Institutes Canada (CICAN) on the occasion of their participation in the Canadian Bureau for International Education Conference.
First Vietnamese scientist named at UK’s TechWomen 100 Awards

First Vietnamese scientist named at UK’s TechWomen 100 Awards

With outstanding achievements in biotechnology, Dr Nguyen Thuy Ba Linh from University College London (UCL) has become the first Vietnamese scientist to win the UK's TechWomen 100 Awards.
Vietnam: A global magnet for scientific talent

Vietnam: A global magnet for scientific talent

Hanoi – Vietnam has rapidly established itself as a premier destination for scientific talent worldwide, driven by a robust policy framework aimed at nurturing talent and cultivating a skilled workforce for sustainable development.
Samsung launches technology talent development programm

Samsung launches technology talent development programm

Samsung Vietnam Complex on Friday officially launched the Samsung Innovation Campus (SIC) 2024–25, a Technology Talent Development Programme aimed at equipping Việt Nam’s youth - the future leaders of the Fourth Industrial Revolution - with advanced technological capabilities.
Việt Nam must gear up for green mobility transition: experts

Việt Nam must gear up for green mobility transition: experts

Việt Nam must develop charging infrastructure and ensure a stable electricity supply to prepare for the era of electric mobility transition.
iCare+ App launched on App Store to accompany diabetes patients

iCare+ App launched on App Store to accompany diabetes patients

A first-ever specialized application for diabetes diseases in Vietnam, iCARE+ - is officially launched on the App Store, extending the opportunity to approach diabetes patients.
Vietnam leads ASEAN in number of students studying in US

Vietnam leads ASEAN in number of students studying in US

Hanoi - Vietnam leads member countries of the Association of Southeast Asian Nations (ASEAN) in the number of students studying in the US, with nearly 50% pursuing majors in the fields of science, technology, engineering, and mathematics (STEM), according to a report released this month by the Institute of International Education (IIE).
Hà Nội to change to green energy buses by 2035

Hà Nội to change to green energy buses by 2035

It aims to have all of its buses in the capital to be electric or using green energy by 2035.
The essence of Chuon Ngo Mother-of-Pearl Inlay Village

The essence of Chuon Ngo Mother-of-Pearl Inlay Village

Despite the passage of time, local artisans have meticulously preserved and elevated this traditional craft. Their exquisite creations have gone beyond national borders, reaching the continents and the world.
Petrovietnam grows strongly thanks to volatility management

Petrovietnam grows strongly thanks to volatility management

(VEN) - In the context of market volatility with complicated developments from epidemics, economic crises, to geopolitical instability, the proactive management of volatility of the Vietnam National Oil and Gas Group (Petrovietnam) has helped the group not only steadily overcome numerous difficulties, but also take advantages of new opportunities to set many records in production and business activities and make great contributions to the country’s economic growth.
Doubling insurance product’s payout significantly benefits customers

Doubling insurance product’s payout significantly benefits customers

(VEN) - The Agriculture Bank Insurance Joint Stock Corporation (ABIC) has officially doubled the maximum payout for its Bao An insurance product to VND1 billion. This is a major breakthrough, enhancing financial protection for customers amid an increasingly volatile economy and rising demand for financial security.
PJICO: 30 years of development

PJICO: 30 years of development

(VEN) - Throughout the past 30 years of establishment and development, Petrolimex Insurance Corporation (PJICO) has solidified its position in the non-life insurance sector and overcame numerous challenges.
tcty-dau-khi-vn-pv-power-2022
Long An

Long An's 2nd Culture, Sports, Tourism Week to kick off in late November

This week-long celebration will offer a wide range of activities, providing visitors with unique experiences of Long An’s culture, people, and natural beauty.
Exhibitions in Hà Nội downtown celebrate Heritage Day

Exhibitions in Hà Nội downtown celebrate Heritage Day

This year marks the 19th anniversary of the Việt Nam Cultural Heritage Day since its inception in 2005, aiming to promote the traditions and sense of responsibility among those working to protect and promote the value of Việt Nam's cultural heritage.
Vibrant cultural rendezvous in Hanoi

Vibrant cultural rendezvous in Hanoi

(VEN) - The 2024 International Food Festival will take place from December 7-8 in Hanoi, aiming to promote cultural and culinary exchange among nations.
Cultural activities celebrate Việt Nam Heritage Day

Cultural activities celebrate Việt Nam Heritage Day

One hundred paintings from traditional folk painting villages in Việt Nam will go on display at the central city’s Fine Arts Museum in celebration of Heritage Day from November 22-30.
Ninh Bình looks to capture Japanese tourism market

Ninh Bình looks to capture Japanese tourism market

The northern province of Ninh Bình showcased its stunning natural landscapes and people to the Japanese market through a recent tourism promotion conference called “the splendour of the ancient capital” in Tokyo.
Cần Thơ City to host HCM City, Mekong Delta tourism, trade event

Cần Thơ City to host HCM City, Mekong Delta tourism, trade event

The inaugural HCM City and Cửu Long (Mekong) Delta Tourism – Trade Week will take place in Cần Thơ City from November 29 to December 2.
Hanoi promotes craft village tourism

Hanoi promotes craft village tourism

(VEN) - Dubbed as the Land of Hundreds of Occupations, Hanoi is having great advantages to promote craft village tourism, bringing economic and social benefits.
Quang Nam to host UN international conference on rural tourism

Quang Nam to host UN international conference on rural tourism

The central coastal province of Quang Nam is scheduled to host the UN Tourism’s first Conference on Tourism for Rural Development on December 10, expected to bring together around 300 delegates, including government officials, international organisations, tourism stakeholders, and private sector representatives.
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