Risks involved in interest cut

Risks involved in interest cut

The current interest rate levels have been deemed appropriate for the time being, according to experts, and any attempt to further cut rates could impose unnecessary risks to Vietnam’s overall macro-economic stability in the medium term.

Reference exchange rate goes up by 8VND

Reference exchange rate goes up by 8VND

The State Bank of Vietnam set its reference VND/USD exchange rate at VND22,460/USD on the morning of October 18, up by VND8 from the day ago.

The ambitious businessmen dreaming of int’l success

The ambitious businessmen dreaming of int’l success

Following initial success, some Vietnamese businessmen have made daring decisions pouring trillions of dong into huge projects, vowing to turn their conglomerates into businesses of international stature.

Receiving investors with open arms

Receiving investors with open arms

Investment in the central province of Quang Tri is on the rise. But without adequate preparation, Central Coastal Region Development Cooperation Advisory Team head Tran Du Lich warns, businesses could miss out on “a golden opportunity” to set up shop in this emerging destination.

High-tech tax cut might follow last year’s IT slash

High-tech tax cut might follow last year’s IT slash

Amid growing interest from foreign investors, Vietnam will soon consider cutting 50 per cent of personal income tax for employees in high-tech industries, paving the way to attracting more foreign investment in the sector.

Korean M&A wind blows into finance

Korean M&A wind blows into finance

Unions between Korean financial institutions and Vietnamese securities or asset management firms are on trend, with visible upsides for both parties.

Gift show gets underway in Hanoi

Gift show gets underway in Hanoi

VOV.VN - Over 250 exhibitors from Vietnam, China, Japan, the Republic of Korea, India, and Nepal are showcasing their handicraft and gift products at the Hanoi Gift Show that opened on October 17 in Hanoi.

Da Nang maps out investment orientations

Da Nang maps out investment orientations

The central coastal city of Da Nang is striving to become a centre of tourism, high-quality services and high technology of Vietnam while playing a significant role in national urban development.

Vietnam records US$24.1 billion trade surplus with US

Vietnam records US$24.1 billion trade surplus with US

VOV.VN - Vietnam enjoyed a US$24.1 billion trade surplus with the US during the first nine months of this year, equal to 78% of the country’s total exports to the market, according to the General Department of Vietnam Customs.

Ministry calls for clear policies for start-ups

Ministry calls for clear policies for start-ups

Creating encouraging polices and a clear legal system is crucial to attracting investment to innovative start-ups, according to a Ministry of Planning and Investment (MPI) official.

Automated customs system piloted at Noi Bai airport

Automated customs system piloted at Noi Bai airport

The municipal Customs Department on October 16 officially started piloting an automated customs management and supervision system of imported and exported goods at the Noi Bai International Airport.