US firms eye stronger investment cooperation in Vietnam

US firms eye stronger investment cooperation in Vietnam

A 40-strong business delegation from the US will launch an investment promotion programme in Vietnam from March 3-6, aiming to expand trade and investment cooperation in the Southeast Asian country, according to an official from the US-ASEAN Business Council (USABC).

What effect will COVID-19 have on Vietnam's FMCG market?

What effect will COVID-19 have on Vietnam's FMCG market?

The COVID-19 epidemic is having an impact on Vietnamese consumer behaviour in the first quarter and will possibly continue in the second quarter, according to global data and consulting company Kantar Worldpanel.

Banks urged to cut interest rates for epidemic-hit firms

Banks urged to cut interest rates for epidemic-hit firms

The State Bank of Vietnam (SBV) has urged domestic and branches of foreign credit institutions to offer a cut in loan interest rates for businesses affected by the acute respiratory disease caused by the SARS-CoV-2 (COVID-19) which is taking toll on the regional economies.

Two State-owned banks allowed to increase charter capital

Two State-owned banks allowed to increase charter capital

The Government has decided to allow Vietcombank and Vietinbank to increase their charter capital by 10 trillion VND (434.8 million USD) in the first quarter of this year, Deputy Prime Minister Vuong Dinh Hue said last month.

Over 1,000 firms in HCM City to develop rooftop solar power

Over 1,000 firms in HCM City to develop rooftop solar power

More than 1,000 businesses located at processing, industrial and hi-tech parks in Ho Chi Minh City are set to have solar panels installed on their rooftops in the next few years in an effort to promote green development.