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Vietnam faces challenges from trade conflict

Vietnam faces challenges from trade conflict

Statistics on import-export and investment activities during the first few months of the year show that Vietnam did not see any positive effects from the US-China trade war as forecast by several US agencies and the press.

Gifts presented to Overseas Vietnamese in Cambodia

Gifts presented to Overseas Vietnamese in Cambodia

The labour union of the Bank for Investment and Development of Vietnam (BIDV) on July 5 presented gifts to 10 overseas Vietnamese in Cambodia who are wounded soldiers, relatives of war martyrs, and people who rendered services to the homeland.

Electricity hike hits industry hard

Electricity hike hits industry hard

Vietnamese manufacturers are set to increase their selling prices following the 8.36 per cent hike in electricity price that launched from March 20.

Vietnamese dong given stable outlook

Vietnamese dong given stable outlook

The Vietnamese dong would be steady next months, buoyed by positive foreign inflow and reasonable gap between interest rates of the dong and the US dollar as well as the stability of the Chinese renminbi, experts said.

Banks earn huge services profits

Banks earn huge services profits

Many banks have seen their service earnings accelerate, buoyed by increasing investment for the business segment and rising market demands.

Major banks go ahead with deposit rate cut plans

Major banks go ahead with deposit rate cut plans

Some major commercial banks have adjusted down their annual deposit rates for certain tenors by 10-30 basis points after a hike in the middle of 2018, according to VnEconomy news sites.

More former bank officials put under investigation

More former bank officials put under investigation

Criminal proceedings have been launched against more former officials of the Joint Stock Commercial Bank for Investment and Development of Vietnam (BIDV) with the charge of “violating regulations on banking activities, other activities relating to banking activities”, the Ministry of Public Security said on January 10.

ADB loans US$300 million to BIDV to support Vietnamese SMEs

ADB loans US$300 million to BIDV to support Vietnamese SMEs

The Asian Development Bank (ADB) and the Joint Stock Commercial Bank for Investment and Development of Vietnam (BIDV) on December 12 signed a US$300 million loan agreement to support the growth and productivity of small- and medium-sized enterprises (SMEs) in Vietnam.

Conference discusses Vietnam real estate market trend

Conference discusses Vietnam real estate market trend

Economic experts and representatives from a range of firms gathered together at a teleconference on investment trends and opportunities in Vietnam’s real estate market, held in Hanoi on December 11.