A plan to allow large Vietnamese State-owned commercial banks to pay dividends in shares or retain dividends would help them accumulate capital and meet regulatory minimum capital thresholds, Fitch Ratings has said.
The southern province of Dong Nai has asked the Government to allocate more than 400 billion VND (17.23 million USD) to build two roads that would connect the province's National Road No. 51 up to Long Thanh International Airport, which is expected to start construction next year.
VOV.VN - Hanoi has attracted US$6.3 billion of foreign direct investment (FDI) capital during the first 10 months of this year, 2.8 times higher than the same period last year, according to Nguyen Manh Quynh, director of the municipal Department of Planning and Investment.
A delegation of Hanoi led by Vice Chairwoman of the municipal People’s Council Phung Thi Hong Ha paid a working visit to Russia and the Czech Republic from October 18-28.
The Electricity of Vietnam (EVN) plans to withdraw capital from the Thuan Binh Wind Power JSC in the third quarter of 2018.
VOV.VN - This year the economy has recorded remarkable growth in GDP, import-export value and FDI attraction.
An art exhibition featuring the beauty of of Hanoi kicked off in the capital on October 7, on the occasion of the 63rd anniversary of the city’s Liberation Day (October 10).
The multi-billion-dollar Dung Quat oil refinery upgrade and expansion project is being implemented very slowly and its operator has repeatedly asked the Vietnamese Government for support and incentives.
The Vietnam Asset Management Company (VAMC) will need more capital to further benefit from the National Assembly’s recent resolution on the settlement of non-performing loans (NPLs), experts said.
The State Bank of Vietnam recently approved proposals to raise charter capital at the Military Commercial Joint Stock Bank (MB) and the Vietnam Prosperity Joint Stock Commercial Bank (VPBank).
VOV-VN. High-tech agriculture is a key direction for economic development. A credit package of US$4.4 million for high-tech and clean agriculture is considered a nudge for agricultural enterprises to expand production. But there remain obstacles to accessing the credit package.
The northern province of Bac Ninh has drawn nearly US$3 billion in investment capital since the start of the year, reported the provincial Management Board of Industrial Parks.
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.
Renowned US corporations like Uber, Coca-Cola, Exxon Mobil, Cargil and Pfizer are expanding their business in Vietnam, contributing to Vietnam’s export growth.
The road in Vietnam's capital cost a whopping US$43 million, earning it the shiny nickname.
Vietnam condemns a truck attack on pedestrians in Stockholm capital of Sweden on April 7, Spokesperson of the Foreign Ministry Le Thi Thu Hang has said.
The Vietnam National Oil and Gas Group (PetroVietnam) and the Long Son Petrochemical Complex (LSP) on March 29, signed a joint venture contract and a capital transfer contract between LSP’s foreign partners – Qatar’s Petroleum International Vietnam (QPIV) and Siam Cement Group of Thailand.
The Vietnam Rubber Group (VRG) will offer 25% of its capital during its upcoming initial public offering (IPO), scheduled in the second quarter of 2017, the group has announced.
The State Capital Investment Corporation (SCIC) is likely to divest from FPT Telecom early next year, a Ministry of Finance official said.
VOV.VN - Up to the end of November 2016, Vietnam has had 324 industrial zones spanning 91,800 ha of natural land and 16 economic zones with the total ground and water surface areas of 815 ha, according to the Ministry of Planning and Investment.