Regulations on personal unsecured lending by consumer finance companies will be tightened if a draft circular of the State Bank of Vietnam (SBV) takes effect.
Standard and Poor’s (S&P) Global Ratings’ recent upgrade of its long-term sovereign credit rating for Vietnam, the first time since 2010, was expected to help the country to attract more foreign investments into the economy and expand exports.
The Vietnamese women’s national football team will face Jordan in their final Group B match of the 2020 Tokyo Olympics’ second qualifying round in Tashkent, Uzbekistan, on April 9.
For the first time, 300 of ban (orchid) flower trees from the northwest mountainous region are on display at Hanoi Museum.
The Ministry of Planning and Investment (MPI) is hastening the effort of cutting business prerequisites in term of quality to ensure the deregulation to truly benefit firms, Minister Nguyen Chi Dung said.
In 2019, the southern Ho Chi Minh Stock Exchange (HoSE) will work on a special mechanism that allows foreign investors to trade shares of companies that have run out of room for foreign ownership, especially investors from Thailand, Malaysia and Japan.
Foreign financial institutions were eyeing up poorly-performing Vietnamese banks after being given the green light to acquire stakes in local institutions in a move to speed up the restructuring of the country’s banking industry, according to banking expert Nguyen Tri Hieu.
The domestic sugar industry should restructure all stages of its production process towards diversifying products to improve competitiveness, according to the Ministry of Agriculture and Rural Development (MARD).
Vietnam’s economy will grow at 6.6 percent this year, slightly down from last year’s 7.1 percent, HSBC has forecast in a report it released this week.
The uptake for social housing in Hanoi has been disappointingly low due to indifference from the intended target customers.