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Players chosen for Vietnam nat’l games
Coach Nguyen Huu Thang of Vietnam’s national team selected 24 players on May 18 for the upcoming friendly match with Syria on May 31 and a four-sided tournament in MyanmarJune 3-6.
VGTA wants Vietnam to set up gold trading floor
Vietnam Gold Trading Association (VGTA) chairman, Nguyen Thanh Long, asked the central bank and the Ministry of Finance to set up a national gold trading floor to mobilise gold from local people.
Banking technology needed in order to compete
Technology holds the key to banks’ development, especially with the country’s increasing global integration, a seminar heard in HCM City on May 17.
Wholesale electricity prices to increase by 2%-5%
The Electricity of Vietnam (EVN)’s wholesale electricity prices sold to its power corporations in 2016 would be increased by two to 5% over last year.
Vietnam urged to tighten resource consumption tax
It was critical for Vietnam to tighten natural resources consumption tax policies to improve budget collection from exploitation activities, while a number of resources were facing exhaustion, experts said.
Irrecoverable debts remain high
Though non-performing loans (NPLs) at commercial banks are being kept under control at below 3%, their potentially irrecoverable debts remain high, Đau tu chung khoan (Securities Investment) newspaper has reported.
Vietnam tuna exports decline 5.5% year-on-year in Q1
Vietnam’s tuna exports to China have risen sharply this year but exports to traditional markets like the US, EU and Japan have fallen, according to the industry association.
History books for young readers
Vietnamese readers, particularly youth, will have more opportunities this summer to learn more about the country’s history after the release of new books.
New study sheds light on bank performance
The process of restructuring commercial banks in Vietnam mostly focuses on mitigating negative effects and not on promoting positive factors, one of which is the increase in private ownership.
Suppliers protest Big C demands
The Vietnam Association of Seafood Exporters and Producers (VASEP) has asked the supermarket chain Big C to refrain from asking for higher discount rates from Vietnamese suppliers, and has recommended a maximum rate of 15%.