Vietnam’s credit growth is slowing and can fall behind the central bank’s target of 14 percent for 2019, causing concerns that it could make it difficult for businesses to access bank loans during the remaining months of the year.
The stability of the regulatory system is key to luring foreign investment into Vietnam and the rights and benefits of foreign investors must be assured even when policies are changed, officials and executives have said.
Vietnam’s textile industry faces many difficulties with both export and production on the decrease due to effects of an intensified China-US trade war, said industry experts.
Contactless payment is becoming trendy in Vietnam thanks to the growth of technology and the country’s young population.
The Government has proposed naming the State-owned Airports Corporation of Vietnam (ACV) as the main investor for the first phase of Long Thanh International Airport in the southern province of Dong Nai.
Vietnam is one of the world’s largest garment producers, but experts have called on enterprises to brush up their green credentials for the domestic market.
The Vietnamese Ministry of Finance (MoF) has said that Moody's Investors Service’s decision to place Vietnam’s Ba3 rating under review for downgrade due to delayed payments on an obligation of the Vietnamese Government was improper as the Government has never delayed meeting debt repayment obligations.
The 13th ASEM Customs Directors-General/Commissioners’ Meeting ended on October 10 in the northern Vietnamese province of Quang Ninh’s Ha Long city, with the approval of the ASEM customs action plan for 2020-21.
The outdoor spectacle Tinh Hoa Bac Bo or The Quintessence of Tonkin staged by 150 actors has received a special prize at The Guide Awards 2019 recently.
While positive results have been achieved getting people to work together as part of a cooperative, there’s still limitation in its development, said Vo Thanh Thong, Deputy Minister of Planning and Investment.