It is only a matter of time until Mekong Capital divests its capital in Traphaco JSC (HOSE: TRA), however, the details of its divestment plan remain unclear.
The 2016 International Religious Freedom Annual Report of the US State Department still included some unobjective assessments and cited wrong information about Vietnam, according to Foreign Ministry Spokesperson Le Thi Thu Hang.
Deputy Prime Minister Vuong Dinh Hue has urged the Ministry of Planning and Investment (MPI) to quickly finalise the list of State-owned enterprises (SOEs) that needed to be divested.
The International Religious Freedom Report for 2016 recently released by the US Department of State again does not reflect correctly the real religion and belief situation in Vietnam as well as the country’s achievements in ensuring the right to freedom of religion.
While a renewed focus on equitizing State-owned enterprises (SOEs) has been exhibited following the leadership transition in April last year, equitization alone is not a short-term solution to reducing the government’s fiscal deficit.
Prime Minister Nguyen Xuan Phuc has stressed that the reform of administrative procedures must be accelerated to bolster growth, noting that the public and business community still complain about prolonged and cumbersome administrative processes in many State agencies.
The Ministry of Industry and Trade (MoIT) will complete the reduction of administrative procedures in the third quarter of the year, with two-thirds out of 443 being removed.
According to the National Financial Supervisory Commission, many supporting factors in both the domestic and international markets could help an interest rate cut until the year-end.
The development of high-tech agriculture in Vietnam remains sluggish due to unplanned and small-scale production, and is not commensurate with the country’s comparative advantages and efforts.
The State Capital Investment Corporation (SCIC) had invested in 141 businesses as of July 31 with total State capital of almost US$860.6 million among their combined charter capital of nearly US$4.18 billion.
The State Bank of Vietnam revised down its prime interest rates in July and those of short-term loans for priority fields.
The government has issued Decree No. 94/2017/ND-CP declaring the State will hold the monopoly in the production and trading of 20 goods and services as from October 1 this year.
Many commercial banks have asked the State Bank of Vietnam (SBV) to expand the credit growth limit as they have almost used up the assigned quota for the whole year.
The Hanoi Stock Exchange (HNX) raised VND433 billion (US$19 million) by auctioning off Government bonds (G-bonds) issued by the State Treasury on August 9.
Foreign ministers participating in the 24th ASEAN Regional Forum (ARF) on August 7 agreed to increase the use of social media in combating terrorism, amid the rising threat of terrorism in the region.
Mergers and acquisitions (M&A) for financial institutions are luring in numerous domestic and international investors due to the attractiveness of the rapidly developing, US$26.55-billion consumer finance market.
President Donald J. Trump has announced his intention to nominate a new ambassador to Vietnam, the White House said on July 26 (U.S. time) in a press release.
VOV.VN - In Hanoi, a delegation of Party and State leaders paid tribute to the fallen at Bac Son War Martyr Monument today, July 27th, to commemorate those who rendered great service to the nation.
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.
The People’s Court of the northern province of Ha Nam on July 25 gave a jail sentence of nine years to Tran Thi Nga on the charge of conducting anti-State propaganda under Clause 1 of Article 88 of the Penal Code.