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Banks raise provisions in anticipation of bad debt
In the face of rising bad debt amid the ongoing COVID-19 pandemic, commercial banks have been forced to write up their loan loss provisions, according to industry sources.
First investor approved for joint VSIP in Binh Dinh
Kurz International Holdings GMBH from Germany has been granted an investment licence for a hi-tech coating and thin film project worth US$40 million at Becamex Vietnam-Singapore Industrial Park (VSIP) in the south central province of Binh Dinh.
HCM City export businesses gradually return to normal
Export companies in Ho Chi Minh City are recovering well following the lifting of COVID-19 restrictions as workers from other provinces gradually return to work.
Underground space planning in Hanoi vital for future expansion: Experts
Hanoi’s population, as of July 2021, reached over 8 million, increasing by almost 200,000 people per year on average.
Interest rate forecast to continually decline at year-end
Deposit interest rates at commercial banks will continue to decrease and remain at low levels in the coming months, analysts forecast.
Finance ministry works on corporate bond market development
The Ministry of Finance is taking measures to better develop the corporate bond market safely and effectively.
Vietnam to unlock mechanisms to attract private power investors
The Government of Vietnam is building open mechanisms to mobilise private investment in power projects, especially in renewable energy (RE).
Vietnamese top region in streaming YouTube on TV
There was a growing trend of streaming YouTube on TVs in the Asia Pacific region with Vietnam being the country with the fastest growth in connected TVs, a YouTube Brandcast Delivered 2021 event heard recently.
Viettel's smart city model named world's most effective and innovative
Viettel’s smart city model is the most effective and innovative in the world, according to the World Communication Awards (WCA) 2021’s announcement.
Local teacher receives Thailand’s Princess Award for outstanding achievements in education
Ha Anh Phuong, a high school English teacher from northern Phu Tho province, has been granted Thailand’s 2021 Princess Maha Chakri Award on October 29.